Sweeney Robert 4

What Happened

• Robert Sweeney, EVP, Underwriting & Sales Administration at Globe Life (GL), was granted a total of 10,906 shares on 2026-02-27. The filing shows two award lines: 906 shares (direct award) and 10,000 shares listed as a derivative award. Both lines are reported at $0.00 acquisition price, for a reported cost to the insider of $0.00. This is an award/grant transaction (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-27; reported on the same date (no late filing indicated).
• Grants: 906 shares (direct) and 10,000 derivative shares; both reported at $0.00 per share.
• Shares owned after transaction: Not specified in this filing.
• Footnote: F1 — the derivative award vests first 50% on 02/27/2028 and the remaining 50% on 02/27/2029.
• Filing type: Form 4 insider-reporting of awards (no sale or exercise reported here).

Context

• The 10,000-share line is a derivative award (likely restricted stock units or similar) that vests in two tranches per the footnote; vesting, not immediate sale, determines when Sweeney can own or sell underlying shares. Awards reported at $0.00 are common for equity grants and do not by themselves indicate a cash purchase or proceeds. As always, grants are compensation-related and should be viewed differently from open-market buys or sells.