Haworth Jennifer Allison 4
Research Summary
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Globe Life EVP & CMO Jennifer Haworth Exercises Options, Sells 10,500 Shares
What Happened Jennifer Haworth, Executive Vice President and Chief Marketing Officer of Globe Life Inc. (GL), exercised options to acquire 10,500 shares at $82.56 per share (total exercise cost $866,880) on February 27, 2026. On the same date she sold 10,500 shares in open market transactions for total proceeds of $1,525,494 (8,781 shares and 1,719 shares sold at prices around $145+). The filing shows both the exercise (code M) and an immediate disposition of the derivative shares, indicating the exercised shares were sold rather than retained.
Key Details
- Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (timely).
- Exercise: 10,500 shares at $82.56 each — $866,880 cost (code M).
- Open-market sales: 8,781 shares at $145.22 ($1,275,158) and 1,719 shares at $145.63 ($250,336); total sales proceeds $1,525,494 (codes S).
- Footnotes: F1—reporting person will provide exact share counts at each separate price on request; F2—sales ranged $144.64–$145.45; F3—sales ranged $145.51–$145.80.
- Shares owned after the transactions: not disclosed in the filing.
- No indication of a 10b5-1 plan, gift, or tax withholding in this filing.
Context This is an option exercise combined with immediate sales (a cashless-style outcome): the insider acquired shares by exercising stock options and sold the same number of shares the same day. Sales are common insider disclosures and do not by themselves indicate the insider’s long-term view; purchases are typically considered a stronger bullish signal. All figures above are gross amounts (before taxes, fees or withholdings).