Skarjune Dolores L 4

What Happened

• Dolores L. Skarjune, EVP & Chief Administrative Officer of Globe Life (GL), received awards totaling 18,766 shares in late Feb 2026: 6,263 shares on 2026-02-25 and two awards on 2026-02-27 of 1,103 shares and 11,400 shares (the latter reported as a derivative award). These grants show an acquisition price of $0.00 (typical for stock awards/RSUs or option grants). To cover tax liability related to the awards/exercise, 2,465 shares were surrendered/withheld at an implied value of $144.15 per share, totaling $355,330. The awards are acquisitions (not market purchases); the 2,465-share disposal was a tax-withholding transaction (routine).

Key Details

• Transaction dates & amounts:
  • 2026-02-25: Award of 6,263 shares @ $0.00 (acquired)
  • 2026-02-25: Tax withholding/disposition of 2,465 shares @ $144.15 (disposed) = $355,330
  • 2026-02-27: Award of 1,103 shares @ $0.00 (acquired)
  • 2026-02-27: Award of 11,400 shares @ $0.00 (acquired; derivative)
• Shares owned after transaction: Not specified in the provided filing summary.
• Footnote: F1 — the derivative award is first exercisable as to 50% on 2028-02-27 and the remaining 50% on 2029-02-27 (vesting/exercisability schedule).
• Filing timeliness: Form filed 2026-02-27 covering transactions on 2026-02-25 and 2026-02-27; appears to be filed within the usual SEC reporting window.

Context

• The 11,400-share item is reported as a derivative award with future exercisability dates (2028 and 2029), indicating these are not immediately tradable shares but a future-right (e.g., options or performance-based awards).
• The 2,465-share "F" disposition reflects shares withheld/surrendered to satisfy tax withholding or exercise costs — a common administrative step that is not the same as an open-market sale and does not necessarily indicate a change in the insider’s view of the stock.