Kan Derek T. 4
Research Summary
AI-generated summary
Globe Life (GL) Director Derek T. Kan Receives 6,433-Share Award
What Happened
Derek T. Kan, a director of Globe Life Inc. (ticker: GL), was granted 6,433 derivative shares on March 18, 2026. The award is reported at a $0.00 acquisition price (total reported value $0) and is classified as a grant/award (transaction code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-18; Form 4 filed: 2026-03-19.
- Transaction type/code: Award/Grant (A); derivative securities reported.
- Shares acquired: 6,433 derivative shares at $0.00 per share (reported total $0).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes/other notes: Filing does not show tax withholding, 10b5-1 plan, or vesting details in the supplied data.
- Timeliness: Filing date (03-19-2026) follows the reported transaction date (03-18-2026); no late filing flag indicated in the provided information.
Context: The filing reports a grant of derivative securities (commonly RSUs or similar awards), which is an acquisition via compensation rather than a cash purchase. The Form 4 provided here does not include vesting or other restrictive terms; check the full filing for any footnotes or plan descriptions that explain conditions or future reporting obligations.