MITCHELL ROBERT BRIAN 4

What Happened

• Robert Brian Mitchell, EVP, General Counsel and Chief Risk Officer of Globe Life (GL), received stock awards and had shares withheld to cover tax liabilities. On 2026-02-25 he was granted 9,394 shares (award, $0.00 per share) and on 2026-02-27 he was granted 1,216 shares (award, $0.00) plus a 12,600-share derivative award (also $0.00). In connection with the 02-25 activity, 3,697 shares were disposed/withheld at $144.15 per share to cover taxes, totaling $532,923. The $0.00 price indicates these were awards/derivative grants (not open-market purchases).

Key Details

• Transaction dates and prices:
  • 2026-02-25: Award of 9,394 shares @ $0.00 (acquired).
  • 2026-02-25: Tax withholding/disposition of 3,697 shares @ $144.15 = $532,923 (F code).
  • 2026-02-27: Award of 1,216 shares @ $0.00 (acquired).
  • 2026-02-27: Derivative award of 12,600 shares @ $0.00 (acquired).
• Total awarded on these filings: 23,210 shares; shares withheld for tax: 3,697.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnote: the derivative award is first exercisable 50% on 02-27-2028 and remaining 50% on 02-27-2029.
• Filing date: 2026-02-27 for transactions occurring 02-25 and 02-27 — appears to be filed within the typical Form 4 reporting window (timely).

Context

• The $0.00 acquisitions are awards/derivative grants (e.g., restricted stock units or stock options), which are not open-market purchases and typically reflect compensation/long-term incentives rather than an immediate bullish market bet.
• The 3,697-share disposal is a routine tax-withholding event (F code) to satisfy tax obligations upon issuance/vesting; such withholdings are common and do not necessarily signal a sale for investment purposes.
• The derivative award has a vesting/exercise schedule (2028–2029) per the footnote, so those shares are not immediately tradable.