Globe Life (NYSE: GL) exec reports tax-withholding share disposition

Rhea-AI Filing Summary

GLOBE LIFE INC. executive Michael Clay Majors, EVP and Chief Strategy Officer, reported a Form 4 transaction involving a tax-related share disposition. On February 22, 2026, 508 shares of Globe Life common stock were disposed of at $144.39 per share to satisfy tax withholding obligations, rather than as an open-market sale. After this transaction, Majors directly owned 46,569.447 shares of common stock. A footnote explains that this direct total includes 11.447 dividend equivalent restricted stock units tied to restricted stock units granted in 2025 and 2026.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MAJORS MICHAEL CLAY

(Last) (First) (Middle)

GLOBE LIFE INC.

7677 HENNEMAN WAY

(Street)

MCKINNEY TX 75070

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
GLOBE LIFE INC. [ GL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP - Chief Strategy Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/22/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/22/2026		F		508	D	$144.39	46,569.447(1)	D
Common Stock								0	I	N/A

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 11.447 dividend equivalent restricted stock units acquired on restricted stock units in 2025 & 2026.

	Michael C. Majors, By /s/ Chris T. Moore, Attorney-in-fact	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Globe Life (GL) report for Michael Clay Majors?

Globe Life reported that EVP and Chief Strategy Officer Michael Clay Majors disposed of 508 shares of common stock on February 22, 2026. The transaction was a tax-withholding disposition, using shares to cover tax obligations rather than an open-market sale.

At what price were Michael Clay Majors’ Globe Life (GL) shares disposed?

The 508 Globe Life common shares tied to Michael Clay Majors’ tax-withholding transaction were valued at $144.39 per share. This price reflects the value used to satisfy his tax liability, not a discretionary trading decision in the open market.

How many Globe Life (GL) shares does Michael Clay Majors own after this Form 4?

After the reported tax-withholding disposition, Michael Clay Majors directly owns 46,569.447 Globe Life common shares. This figure includes 11.447 dividend equivalent restricted stock units that accrued on restricted stock units granted to him in 2025 and 2026.

Was the Globe Life (GL) Form 4 transaction an open-market sale?

No, the Form 4 lists the transaction under code F as a tax-withholding disposition. Shares were delivered to cover the exercise price or tax liability, which differs from a voluntary open-market sale for portfolio or valuation reasons.

What does transaction code F mean in the Globe Life (GL) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. For Globe Life, Michael Clay Majors used 508 common shares to satisfy withholding taxes, a mechanical step often accompanying vesting or option exercises.

What are dividend equivalent restricted stock units mentioned in the Globe Life (GL) filing?

Dividend equivalent restricted stock units mirror dividends paid on underlying stock by crediting additional units. The filing notes that 11.447 such units were acquired on restricted stock units granted to Michael Clay Majors in 2025 and 2026, and are included in his direct holdings.