Zorn Rebecca E 4

What Happened

• Rebecca E. Zorn, EVP & Chief Talent Officer of Globe Life (GL), exercised options to acquire 8,800 shares on 2026-03-31 at $98.32 per share (total cost $865,216) and then sold those 8,800 shares in open-market transactions the same day for aggregate proceeds of about $1,202,189.
• The filing also records a derivative conversion/disposition of 8,800 shares at $0.00 (standard reporting when options convert to common stock). Transaction codes: M = exercise/conversion of derivative; S = open-market sale.
• Net proceeds before fees/taxes were roughly $336,973 (proceeds minus exercise cost).

Key Details

• Transaction date: 2026-03-31.
• Exercise: 8,800 shares acquired @ $98.32 each (total $865,216).
• Sales: 8,800 shares sold in three groups (total proceeds ~$1,202,189):
  • 2,126 shares around $135.66 (range cited in footnote F2: $135.225–$136.135)
  • 4,724 shares around $136.71 (range cited in F3: $136.24–$137.19)
  • 1,950 shares around $137.40 (range cited in F4: $137.22–$137.875)
• Footnote F1: the reporting person will provide full breakdown of shares sold at each separate price on request (SEC, issuer, or any security holder may request).
• Shares owned after the transactions: not specified in this Form 4.
• Filing timeliness: filed 2026-03-31 for transactions on 2026-03-31 (appears timely; no late filing indicated).

Context

• This is an option exercise followed by immediate open-market sales (commonly a cashless exercise or sale-to-cover to pay the exercise cost and taxes). Such paired exercise-and-sale transactions are routine and do not, by themselves, indicate a change in long-term sentiment.
• Rebecca Zorn is an executive officer (not a 10% owner); these are insider transactions required to be reported under SEC rules.