SVOBODA FRANK M 4

What Happened
Frank M. Svoboda, Co‑Chairman, CEO and a director of Globe Life, had 1,327 shares disposed/withheld on Feb 22, 2026 to satisfy a tax obligation. The withholding was recorded at $144.39 per share, for a total value of approximately $191,606. This transaction is coded F (payment of exercise price or tax liability), which typically reflects company share withholding to cover taxes rather than an open‑market sale.

Key Details

• Transaction date: 2026-02-22; reported on Form 4 filed 2026-02-24 (timely filing).
• Shares involved: 1,327 shares withheld at $144.39 per share; total ~$191,606.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnote: Includes 30.4648 dividend‑equivalent restricted stock units acquired on restricted stock units in 2025 & 2026.
• Transaction code meaning: F = payment of exercise price or tax liability (share withholding).

Context
This was a routine tax‑withholding disposition (company withheld shares to cover tax liability on awards/dividend equivalents), not an open‑market sale that would signal active cashing‑out by the insider. Such withholdings commonly occur when restricted stock units vest or dividend equivalents are paid.