HENRIE MICHAEL SHANE 4

What Happened

Michael Shane Henrie, SVP & Chief Accounting Officer of Globe Life Inc. (GL), was granted stock awards on 2026-02-27. The filing shows two award entries: 1,099 shares (grant) and 3,900 derivative shares (award/derivative), each acquired at $0.00 — a total of 4,999 shares granted with no cash paid. These are awards (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-27. Both entries reported as grants (A) at $0.00 per share.
• Share counts: 1,099 shares (direct award) + 3,900 derivative shares = 4,999 total granted.
• Reported value: $0 cash paid on grant (typical for restricted awards/units).
• Vesting/Exercisability (Footnote F1): 50% first exercisable/vests on 02/27/2028; remaining 50% on 02/27/2029.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Filing timeliness: Report filed 2026-02-27 for a 2026-02-27 transaction; no late filing indicated in the supplied data.

Context

• These awards are compensation-related grants designed to align management with shareholder interests and typically vest over time; they are not immediate open-market purchases or sales.
• The "derivative" entry indicates a right to receive shares in the future (e.g., stock units or options) subject to the vesting/exercisability schedule above — not an immediate sale.
• For retail investors, grants do not by themselves indicate buying or selling pressure but show the company compensating a senior executive.