Globe Life EVP reports tax-share disposition
GLOBE LIFE INC. executive Michael Clay Majors, EVP and Chief Strategy Officer, reported a Form 4 transaction involving a tax-related 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 508 | $144.39 | $73K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Includes 11.447 dividend equivalent restricted stock units acquired on restricted stock units in 2025 & 2026.
FAQ
What insider transaction did Globe Life (GL) report for Michael Clay Majors?
Was the Globe Life (GL) Form 4 transaction an open-market sale?
What does transaction code F mean in the Globe Life (GL) Form 4?
What are dividend equivalent restricted stock units mentioned in the Globe Life (GL) filing?
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