MAJORS MICHAEL CLAY 4

What Happened
Michael Majors, EVP & Chief Strategy Officer of Globe Life (GL), had 508 shares withheld on Feb 22, 2026 to satisfy tax withholding obligations related to restricted stock units. The shares were valued at $144.39 each, for a total of approximately $73,350. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-22, 508 shares at $144.39 each (total ≈ $73,350).
• Transaction type: Code F — shares withheld to cover tax liability (payment of exercise price or tax liability).
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: Form 4 filed 2026-02-24 (two days after the transaction; appears timely).
• Footnote: The transaction includes 11.447 dividend-equivalent restricted stock units acquired on RSUs in 2025 & 2026.

Context
Withholding shares to cover taxes is a routine administrative action when RSUs vest or awards settle. It does not represent an open-market sale and therefore is not a clear signal of insider sentiment about the company.