Hensley Robert Edward 4

What Happened

• Robert Edward Hensley, EVP & Chief Investment Officer of Globe Life (GL), had mixed activity: he disposed of shares and received multiple awards/derivative grants. On 2026-02-25 he sold 712 shares in an open-market sale at $142.59 ($101,524) and 3,335 shares were disposed on 2026-02-25 as payment of exercise price or tax liability at $144.15 ($480,740). On 2026-02-25 and 2026-02-27 he was granted/awarded a total of 22,508 shares (8,473 + 1,235 + 12,800) reported as acquisitions at $0.00 (awards/derivative grant). Total proceeds from dispositions ≈ $582,264. The 12,800-share derivative grant carries vesting/exercise timing noted below.

Key Details

• Transaction dates and prices:
  • 2026-02-25: Open-market sale — 712 sh @ $142.59 = $101,524 (Code S)
  • 2026-02-25: Tax/exercise withholding — 3,335 sh @ $144.15 = $480,740 (Code F)
  • 2026-02-25: Award — 8,473 sh @ $0.00 (Code A)
  • 2026-02-27: Award — 1,235 sh @ $0.00 (Code A)
  • 2026-02-27: Derivative award — 12,800 sh @ $0.00 (Code A, derivative)
• Shares acquired (awards/derivative): 22,508 total shares reported as granted.
• Shares disposed: 4,047 total (712 open-market sale + 3,335 withheld for taxes/exercise).
• Footnote: F1 — the derivative/award is first exercisable as to 50% on 02-27-2028 and the remaining 50% on 02-27-2029.
• Filing timing: Report filed 2026-02-27 for transactions on 2026-02-25; filing appears within the Form 4 required window (not marked late).
• Codes explained briefly: S = sale; F = payment of exercise price/tax withholding; A = grant/award (includes derivative awards).

Context

• The awards (A) are grants/derivative awards, not open-market purchases — they do not necessarily signal a market buy. The F-code disposal (3,335 shares) indicates shares were surrendered/withheld to satisfy an exercise price or tax withholding (common in option exercises or RSU vesting), not a market-sale motivated by opinion on the stock. The filing does not provide post-transaction beneficial ownership in the excerpt provided.