Globe Life EVP Jennifer Haworth Receives Awards, Sells 2,755 Shares

What Happened

• Jennifer Allison Haworth, EVP & Chief Marketing Officer of Globe Life Inc. (GL), received equity awards and had shares withheld to cover tax liabilities. On 2026-02-25 she was granted 7,000 shares (award, $0.00 per share) and 2,755 shares were surrendered on the same day at $144.15 each (disposed) to cover taxes, generating $397,133. On 2026-02-27 she was granted 822 shares (award, $0.00) and a 9,100-share derivative award (acquired, $0.00).

Key Details

• Transactions:
  • 2026-02-25: Grant of 7,000 shares (A) at $0.00; Tax withholding disposal of 2,755 shares (F) at $144.15 — proceeds $397,133.
  • 2026-02-27: Grant of 822 shares (A) at $0.00; Grant of 9,100 derivative shares (A) at $0.00.
• Shares owned after the transactions: Not specified in the Form 4 filing.
• Footnote: First exercisable as to 50% of shares on 02-27-2028 and the remaining 50% on 02-27-2029 (per filing footnote).
• Filing timeliness: Report filed 2026-02-27 for transactions dated 2026-02-25 and 2026-02-27 — no late filing indicated in the report.

Context

• The 2,755-share disposal is coded F (payment of exercise price or tax liability), meaning shares were surrendered to satisfy tax withholding — a common, routine step when awards vest or are exercised (not an open-market sell).
• The zero-dollar grant entries indicate awards/derivative awards rather than open-market purchases; the footnote indicates these awards/options become exercisable in 2028–2029. These award receipts are not direct purchases (so they are not an overt bullish purchase signal), but awards do increase insider ownership potential over time.