Zorn Rebecca E 4
Research Summary
AI-generated summary
Globe Life (GL) EVP Rebecca Zorn Receives Awards; Shares Withheld
What Happened
- Rebecca E. Zorn, EVP & Chief Talent Officer of Globe Life (GL), received multiple equity awards and had shares withheld to cover tax obligations. On Feb 25, 2026 she was granted 6,631 shares (award, $0.00). On the same day 2,610 shares were disposed (code F) at $144.15 to cover taxes, generating $376,232. On Feb 27, 2026 she was granted an additional 832 shares and an 8,500-share derivative award (both $0.00).
- The $0.00 price indicates these were awards/grants (not open-market purchases). The 2,610-share disposition is a tax withholding (routine), not an open-market sale.
Key Details
- Transaction dates & prices:
- 2026-02-25: Grant of 6,631 shares @ $0.00 (acquired)
- 2026-02-25: Tax withholding — 2,610 shares disposed @ $144.15 for $376,232 (code F)
- 2026-02-27: Grant of 832 shares @ $0.00 (acquired)
- 2026-02-27: Grant of 8,500 shares @ $0.00 (derivative)
- Shares owned after transaction: Not specified in this filing.
- Footnote: The derivative award is subject to exercisability — first exercisable 50% on 02-27-2028 and remaining 50% on 02-27-2029 (F1).
- Filing timeliness: Filed Feb 27, 2026 for transactions on Feb 25–27, 2026; no late filing flag noted.
Context
- Code F indicates shares were surrendered/withheld to satisfy tax withholding on an award or exercise — a routine administrative step rather than a market sale for investment reasons.
- Grants at $0 generally represent RSUs, restricted stock or option-related awards; the derivative award’s vesting/exercise schedule is shown in the footnote. These awards reflect compensation/retention, not an open-market purchase signal.