GL insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Robert Hensley EVP & Chief Investment Officer	10,000	$170.07	45%	12K	Sep 22, 2026	Sep 23, 2026

What stands out

Dolores Skarjune sold 42% of vested holdings: 6K shares for $1.0M, none under a disclosed plan.Largest sale, Jun 12, 2026

Ten insiders sold $88.6M with no disclosed plan: James Darden ($17.3M), Robert Mitchell ($16.5M) and Michael Majors ($16.2M), plus 7 more. The filings don't state a reason.James Darden: largest such sale, Jul 31, 2026 · Robert Mitchell: largest such sale, Oct 24, 2025 · Michael Majors: largest such sale, Jul 29, 2026

Percentages cover 11 of 24 officers and directors. 13 are left out

Left out: Frank Svoboda, Michael Majors, Jennifer Haworth, Rebecca Zorn, Robert Hensley, Cheryl Alston and Michael Henrie (most of their shares vested during the period, so a percentage would mislead); Robert Mitchell, James Darden and Thomas Kalmbach (holdings couldn't be fully reconciled); Robert Sweeney, Sandra Phillips and Derek Kan (held no vested shares at the start).

Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is 100% of that person's own stake; not comparable between people. The stake is the vested shares held at the start of the period (Oct 9, 2025); the gold part is what they sold.

James Darden

Co-Chairman & CEO, Director

Sold $17.3M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$17.3MNo plan disclosed

Robert Mitchell

EVP, General Counsel and CRO

Sold $16.5M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$16.5MNo plan disclosed

Michael Majors

EVP - Chief Strategy Officer

Sold $16.2M (plan status beside the amount). That is 65% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why

$16.2MNo plan disclosed

Thomas Kalmbach

EVP & CFO

Sold $15.7M (plan status beside the amount). Share of stake not shown: holdings couldn't be fully reconciled. Why

$15.7MNo plan disclosed

Frank Svoboda

Co-Chairman & CEO, Director

Sold $13.4M (plan status beside the amount). That is 28% of the shares held or received (after tax withholding) during the period†. A share of the starting stake is not shown: most of these shares arrived during the period. Why

$13.4MNo plan disclosed

All 12 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

No plan disclosedOne dollar scale for every month; the tallest bar is labeled

Common questions

Is the Globe Life CEO selling stock?

Yes. Frank Svoboda sold 87K shares ($13.4M) in the past 12 months, none of it under a trading plan disclosed in the filings.

Why are Globe Life insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 0% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 100% had no disclosed plan. A trading plan schedules sales in advance.

Are any Globe Life insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Globe Life insiders sell?

About 7.4% overall. As a group they ended with more shares than they started with. These figures leave out Frank Svoboda, the largest holder (most of their shares vested during the period, so a percentage would mislead). That covers the 12 months to Oct 9, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold12 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
James Darden Co-Chairman & CEO, Director	$17.3M 105K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Robert Mitchell EVP, General Counsel and CRO	$16.5M 115K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Michael Majors EVP - Chief Strategy Officer	$16.2M 101K shares	65%† i † Most of the shares Michael Majors sold arrived during the period, so this is shares sold as a share of the 47K held at the start plus the 112K received, less 4.3K withheld by the company for taxes.	No plan disclosed
Thomas Kalmbach EVP & CFO	$15.7M 94K shares	i No percentage: holdings couldn't be fully reconciled.	No plan disclosed
Frank Svoboda Co-Chairman & CEO, Director	$13.4M 87K shares	28%† i † Most of the shares Frank Svoboda sold arrived during the period, so this is shares sold as a share of the 172K held at the start plus the 151K received, less 11K withheld by the company for taxes.	No plan disclosed
Jennifer Haworth EVP & Chief Marketing Officer	$3.0M 21K shares	45%† i † Most of the shares Jennifer Haworth sold arrived during the period, so this is shares sold as a share of the 21K held at the start plus the 28K received, less 3.5K withheld by the company for taxes.	No plan disclosed
Robert Hensley EVP & Chief Investment Officer	$2.2M 13K shares	52%† i † Most of the shares Robert Hensley sold arrived during the period, so this is shares sold as a share of the 10K held at the start plus the 20K received, less 4.3K withheld by the company for taxes.	No plan disclosed
Rebecca Zorn EVP & Chief Talent Officer	$1.5M 11K shares	38%† i † Most of the shares Rebecca Zorn sold arrived during the period, so this is shares sold as a share of the 14K held at the start plus the 18K received, less 3.3K withheld by the company for taxes.	No plan disclosed
Cheryl Alston Director	$1.5M 8.3K shares	33%† i † Most of the shares Cheryl Alston sold arrived during the period, so this is shares sold as a share of the 9.4K held at the start plus the 15K received, less 0 withheld by the company for taxes.	No plan disclosed
Michael Henrie SVP & Chief Accounting Officer	$1.3M 8.8K shares	70%† i † Most of the shares Michael Henrie sold arrived during the period, so this is shares sold as a share of the 3.3K held at the start plus the 9.4K received, less 174 withheld by the company for taxes.	No plan disclosed
Dolores Skarjune EVP and Chief Admin. Officer	$1.0M 6K shares	42%	No plan disclosed
Mark Blinn Director	$259K 1.8K shares	34%	No plan disclosed

The full ownership picture21 of 24 insiders fully reconciled · 23 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 9, 2025

Sold

Held Oct 9, 2026

Still held

Frank Svoboda

Minor difference of 46 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Co-Chairman & CEO, Director

172K

−87K

193K

not meaningful

Vesting, gifts, unvested awards and holding lines for Frank Svoboda

+90Kshares vested or exercised

0gifted (net of own trusts)

−11Kwithheld by the company for taxes

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	32,747	54,020
Family Trust	Common Stock	134,898	103,473
401(k) Plan	Common Stock	1,940	1,955
Thrift/401(k) Plan Trust	Common Stock	1,931	1,931
Spouse's Irrevocable Trust	Common Stock	0	26,425
Irrevocable Trust	Common Stock	0	5,000

Additional holdings last reported May 21, 2021, not confirmed since: 6,131 shares. Not included in any total or percentage on this page.

Thrift Plan Trust, Common Stock: 1,856 shares, last reported May 21, 2021
Custodian for Minor Children, Common Stock: 450 shares, last reported Aug 29, 2016
Spouse's IRA, Torchmark Capital Trust Preferred Securities: 900 shares, last reported Dec 12, 2006
Direct, Torchmark Capital Trust Preferred Securities III: 2,025 shares, last reported Dec 31, 2009
Spouse's IRA, Torchmark Capital Trust Preferred Securities III: 900 shares, last reported Dec 31, 2009

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
72,000	$128.40	Feb 28, 2031	$3.0M
50,471	$127.43	Feb 28, 2032	$2.2M
48,200	$145.26	Feb 27, 2033	$1.2M

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 46 shares. Difference is under 0.5% of holdings.

Robert Mitchell

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +468.4644 shares on Nov 13, 2025 (Thrift Plan Trust). See the filing Sales and other transactions for Robert Mitchell are complete.

EVP, General Counsel and CRO

n/a

−115K

n/a

Vesting, gifts, unvested awards and holding lines for Robert Mitchell

+114Kshares vested or exercised

−3.4Kgifted (net of own trusts)

−4.2Kwithheld by the company for taxes

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +468.4644 shares on Nov 13, 2025 (Thrift Plan Trust). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	8,074	7,981
Mitchell Family Trust	Common Stock	41,133	43,369
401(k) Plan	Common Stock	11,953	12,685
Thrift Plan Trust	Common Stock	11,835	12,605
Son's Trust	Common Stock	1,574	1,864

Additional holdings last reported Feb 28, 2019, not confirmed since: 13,694 shares. Not included in any total or percentage on this page.

N/A, Common Stock: 9,419 shares, last reported Feb 28, 2019
Thrift 401(K) Plan Trust, Common Stock: 4,275 shares, last reported Apr 24, 2012

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
23,500	$128.40	Feb 28, 2031	$986K
12,200	$127.43	Feb 28, 2032	$524K
12,600	$145.26	Feb 27, 2033	$316K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

James Darden

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +7,358 shares on Mar 4, 2026 (Direct). See the filing Sales and other transactions for James Darden are complete.

Co-Chairman & CEO, Director

n/a

−105K

n/a

Vesting, gifts, unvested awards and holding lines for James Darden

+95Kshares vested or exercised

0gifted (net of own trusts)

−11Kwithheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +7,358 shares on Mar 4, 2026 (Direct). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	49,842	58,451
Thrift/401(k) Plan Trust	Common Stock	4,161	4,161
401(k) Plan	Common Stock	4,161	4,202
Trust	Common Stock	0	7,358

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
72,000	$128.40	Feb 28, 2031	$3.0M
50,471	$127.43	Feb 28, 2032	$2.2M
48,200	$145.26	Feb 27, 2033	$1.2M

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Michael Majors

Minor difference of 11 shares. Difference is under 0.5% of holdings.

EVP - Chief Strategy Officer

47K

−101K

54K

not meaningful

Vesting, gifts, unvested awards and holding lines for Michael Majors

+101Kshares vested or exercised

0gifted (net of own trusts)

−4.3Kwithheld by the company for taxes

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	47,066	53,518
N/A	Common Stock	0	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
27,000	$100.74	Feb 26, 2027	$1.9M
24,700	$128.40	Feb 28, 2031	$1.0M
12,800	$127.43	Feb 28, 2032	$549K
12,500	$145.26	Feb 27, 2033	$314K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 11 shares. Difference is under 0.5% of holdings.

Thomas Kalmbach

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +1,145.789 shares on Feb 22, 2026 (Thrift Plan Trust). See the filing Sales and other transactions for Thomas Kalmbach are complete.

EVP & CFO

n/a

−94K

n/a

Vesting, gifts, unvested awards and holding lines for Thomas Kalmbach

+107Kshares vested or exercised

0gifted (net of own trusts)

−4.4Kwithheld by the company for taxes

none reportedunvested awards, start → end

Holdings couldn't be fully reconciled. Balance changed with no matching transaction and no footnote: +1,145.789 shares on Feb 22, 2026 (Thrift Plan Trust). The balances below are as reported, not verified totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	30,665	50,568
401(k) Plan	Common Stock	1,085	1,159
Thrift/401(K) Plan Trust	Common Stock	948	948
Thrift Plan Trust	Common Stock	0	1,146

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
11,550	$128.40	Feb 28, 2031	$484K
16,700	$127.43	Feb 28, 2032	$717K
18,500	$145.26	Feb 27, 2033	$464K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Marilyn Alexander

Minor difference of 103 shares. Difference is under 0.5% of holdings.

Director

22K

23K

no sales

Vesting, gifts, unvested awards and holding lines for Marilyn Alexander

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	22,046	22,607
N/A	Common Stock	0	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
5,182	$122.06	Jan 2, 2031	$250K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 103 shares. Difference is under 0.5% of holdings.

Jennifer Haworth

Minor difference of 229 shares. Small increase from a 401(k) plan and dividend equivalents. Small increase from a 401(k) plan and dividend equivalents. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

EVP & Chief Marketing Officer

21K

−21K

26K

not meaningful

Vesting, gifts, unvested awards and holding lines for Jennifer Haworth

+21Kshares vested or exercised

0gifted (net of own trusts)

−3.5Kwithheld by the company for taxes

none reportedunvested awards, start → end

Small increase from a 401(k) plan and dividend equivalents. Filing 1 Filing 2 Filing 3
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	17,479	21,795
401(k) Plan	Common Stock	1,872	1,975
Thrift/401(k) Plan Trust	Common Stock	1,858	1,975

Additional holdings last reported Dec 20, 2021, not confirmed since: 1,687 shares. Not included in any total or percentage on this page.

Thrift Plan Trust, Common Stock: 1,687 shares, last reported Dec 20, 2021

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
14,600	$128.40	Feb 28, 2031	$612K
9	$127.43	Feb 28, 2032	$399
9,100	$145.26	Feb 27, 2033	$228K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 229 shares. Small increase from a 401(k) plan and dividend equivalents.

Linda Addison

Minor difference of 241 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

19K

20K

no sales

Vesting, gifts, unvested awards and holding lines for Linda Addison

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	19,443	20,406
N/A	Common Stock	0	0

Reconciliation: minor difference of 241 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Mary Thigpen

Minor difference of 108 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

17K

19K

no sales

Vesting, gifts, unvested awards and holding lines for Mary Thigpen

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	17,266	18,747
N/A	Common Stock	0	0

Reconciliation: minor difference of 108 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Dolores Skarjune

Minor difference of 231 shares. Small increase from a 401(k) plan and dividend reinvestment. Small increase from a 401(k) plan and dividend reinvestment.

EVP and Chief Admin. Officer

14K

−6K

19K

+31%

Vesting, gifts, unvested awards and holding lines for Dolores Skarjune

+6Kshares vested or exercised

0gifted (net of own trusts)

−3.1Kwithheld by the company for taxes

none reportedunvested awards, start → end

Small increase from a 401(k) plan and dividend reinvestment. Filing 1 Filing 2 Filing 3

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	9,417	13,697
401(K) Plan	Common Stock	2,702	2,899
Thrift/401(K) Plan Trust	Common Stock	2,346	2,346

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
15,800	$128.40	Feb 28, 2031	$663K
11,200	$127.43	Feb 28, 2032	$481K
11,400	$145.26	Feb 27, 2033	$286K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 231 shares. Small increase from a 401(k) plan and dividend reinvestment.

Rebecca Zorn

Minor difference of 8 shares. Difference is under 0.5% of holdings.

EVP & Chief Talent Officer

14K

−11K

18K

not meaningful

Vesting, gifts, unvested awards and holding lines for Rebecca Zorn

+11Kshares vested or exercised

0gifted (net of own trusts)

−3.3Kwithheld by the company for taxes

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	13,649	17,797
N/A	Common Stock	0	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
14,200	$98.32	Feb 24, 2028	$1.0M
13,400	$128.40	Feb 28, 2031	$562K
8,600	$127.43	Feb 28, 2032	$369K
8,500	$145.26	Feb 27, 2033	$213K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 8 shares. Difference is under 0.5% of holdings.

Robert Hensley

Minor difference of 24 shares. Difference is under 0.5% of holdings.

EVP & Chief Investment Officer

10K

−13K

12K

not meaningful

Vesting, gifts, unvested awards and holding lines for Robert Hensley

+10Kshares vested or exercised

0gifted (net of own trusts)

−4.3Kwithheld by the company for taxes

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	10,193	12,384
Not Applicable	Common Stock	0	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
23,000	$103.23	Feb 23, 2029	$1.5M
18,800	$128.40	Feb 28, 2031	$788K
12,400	$127.43	Feb 28, 2032	$532K
12,800	$145.26	Feb 27, 2033	$321K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 24 shares. Difference is under 0.5% of holdings.

Cheryl Alston

Minor difference of 79 shares. Difference is under 0.5% of holdings.

Director

9.4K

−8.3K

17K

not meaningful

Vesting, gifts, unvested awards and holding lines for Cheryl Alston

+14Kshares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	9,411	16,621
Not Applicable	Common Stock	0	0

Reconciliation: minor difference of 79 shares. Difference is under 0.5% of holdings.

James Brannen

Minor difference of 55 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

8.7K

10K

no sales

Vesting, gifts, unvested awards and holding lines for James Brannen

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	8,674	10,103
Not Applicable	Common Stock	0	0

Reconciliation: minor difference of 55 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

David Rodriguez

Minor difference of 36 shares. Difference is under 0.5% of holdings.

Director

5.8K

7.2K

no sales

Vesting, gifts, unvested awards and holding lines for David Rodriguez

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	5,818	7,226
Not applicable	Common Stock	0	0

Reconciliation: minor difference of 36 shares. Difference is under 0.5% of holdings.

Christopher Tyler

Minor difference of 9 shares. Difference is under 0.5% of holdings.

EVP and Chief Info Officer

5.2K

9.9K

no sales

Vesting, gifts, unvested awards and holding lines for Christopher Tyler

0shares vested or exercised

0gifted (net of own trusts)

−3.7Kwithheld by the company for taxes

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	5,245	9,874
Not applicable	Common Stock	0	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
16,400	$128.40	Feb 28, 2031	$688K
10,600	$127.43	Feb 28, 2032	$455K
10,200	$145.26	Feb 27, 2033	$256K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 9 shares. Difference is under 0.5% of holdings.

Mark Blinn

Director

5.1K

−1.8K

4.7K

93%

Vesting, gifts, unvested awards and holding lines for Mark Blinn

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	0	1,373
Trust	Common Stock	5,122	3,372
Not Applicable	Common Stock	0	0

Alice Cho

Minor difference of 37 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Director

4.5K

5.9K

no sales

Vesting, gifts, unvested awards and holding lines for Alice Cho

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	4,467	5,877
Not applicable	Common Stock	0	0

Reconciliation: minor difference of 37 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Michael Henrie

Minor difference of 18 shares. Difference is under 0.5% of holdings. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

SVP & Chief Accounting Officer

3.3K

−8.8K

3.8K

not meaningful

Vesting, gifts, unvested awards and holding lines for Michael Henrie

+8.3Kshares vested or exercised

0gifted (net of own trusts)

−174withheld by the company for taxes

none reportedunvested awards, start → end

Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	3,040	3,449
401(k) Plan	Common Stock	152	160
Thrift/401(k) Plan Trust	Common Stock	146	146

Additional holdings last reported Mar 8, 2021, not confirmed since: 114 shares. Not included in any total or percentage on this page.

Thrift Plan Trust, Common Stock: 114 shares, last reported Mar 8, 2021

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,150	$128.40	Feb 28, 2031	$90K
3,800	$127.43	Feb 28, 2032	$163K
3,900	$145.26	Feb 27, 2033	$98K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Reconciliation: minor difference of 18 shares. Difference is under 0.5% of holdings.

Matthew Adams

Minor difference of 2 shares. Difference is under 0.5% of holdings.

Director

1.2K

2.6K

no sales

Vesting, gifts, unvested awards and holding lines for Matthew Adams

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	1,183	2,558
Not Applicable	Common Stock	0	0

Reconciliation: minor difference of 2 shares. Difference is under 0.5% of holdings.

Philip Jacobs

Minor difference of 7 shares. Difference is under 0.5% of holdings.

Director

1.2K

2.6K

no sales

Vesting, gifts, unvested awards and holding lines for Philip Jacobs

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	1,183	2,563
Not Applicable	Common Stock	0	0

Reconciliation: minor difference of 7 shares. Difference is under 0.5% of holdings.

Robert Sweeney

EVP, Underwriting & Sales Adm.

906

no sales

Vesting, gifts, unvested awards and holding lines for Robert Sweeney

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	0	906
Thrift Plan Trust	Common Stock	0	0

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
10,000	$145.26	Feb 27, 2033	$251K

Estimate: options held × ($170.34 − strike price), using the most recent insider trade price on Form 4 (Sep 22, 2026), not a market close.

Sandra Phillips

Started reporting during the period; starting holdings are from the Form 3.

Director

1.2K

no sales

Vesting, gifts, unvested awards and holding lines for Sandra Phillips

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Started reporting during the period; starting holdings are from the Form 3.

Held through	Share class	Oct 9, 2025	Oct 9, 2026
Direct	Common Stock	0	1,174
Not Applicable	Common Stock	0	0

21 of 24 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (4 exactly, 17 with a minor or footnoted difference). For 3 we show sales but not holdings; the ! icon on their rows explains why. Percentages cover 11 of 24 officers and directors. Left out: Frank Svoboda, Michael Majors, Jennifer Haworth, Rebecca Zorn, Robert Hensley, Cheryl Alston and Michael Henrie (most of their shares vested during the period, so a percentage would mislead); Robert Mitchell, James Darden and Thomas Kalmbach (holdings couldn't be fully reconciled); Robert Sweeney, Sandra Phillips and Derek Kan (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$89.9M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $89.9M across 570,342 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

No plan disclosed · $89.9M

Sales with no 10b5-1 plan and no tax reference in the filing. $17.3M of it is James Darden. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: James Darden, Jul 31, 2026

Taxes

52,930 shares ($7.6M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
James Darden Co-Chairman & CEO, Director	105K	$17.3M	0%	19%	Feb 27, 2026 to Jul 31, 2026
Robert Mitchell EVP, General Counsel and CRO	115K	$16.5M	0%	18%	Oct 24, 2025 to Aug 7, 2026
Michael Majors EVP - Chief Strategy Officer	101K	$16.2M	0%	18%	Feb 6, 2026 to Jul 29, 2026
Thomas Kalmbach EVP & CFO	94K	$15.7M	0%	17%	May 8, 2026 to Jul 30, 2026
Frank Svoboda Co-Chairman & CEO, Director	87K	$13.4M	0%	15%	Dec 16, 2025 to Jun 12, 2026
Jennifer Haworth EVP & Chief Marketing Officer	21K	$3.0M	0%	3%	Feb 12, 2026 to Feb 27, 2026
Robert Hensley EVP & Chief Investment Officer	13K	$2.2M	0%	2%	Feb 25, 2026 to Sep 22, 2026
Rebecca Zorn EVP & Chief Talent Officer	11K	$1.5M	0%	2%	Mar 31, 2026 to Jun 18, 2026
Cheryl Alston Director	8.3K	$1.5M	0%	2%	Jun 25, 2026 to Jun 25, 2026
Michael Henrie SVP & Chief Accounting Officer	8.8K	$1.3M	0%	1%	Dec 12, 2025 to May 6, 2026
Dolores Skarjune EVP and Chief Admin. Officer	6K	$1.0M	0%	1%	Jun 12, 2026 to Jun 30, 2026
Mark Blinn Director	1.8K	$259K	0%	0.3%	Feb 6, 2026 to Feb 6, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$12.2M	$0	$0	$12.2M
Nov 2025	$0	$0	$0	$0
Dec 2025	$1.7M	$0	$0	$1.7M
Jan 2026	$0	$0	$0	$0
Feb 2026	$10.9M	$0	$0	$10.9M
Mar 2026	$4.2M	$0	$0	$4.2M
Apr 2026	$6.5M	$0	$0	$6.5M
May 2026	$18.1M	$0	$0	$18.1M
Jun 2026	$6.2M	$0	$0	$6.2M
Jul 2026	$24.1M	$0	$0	$24.1M
Aug 2026	$4.2M	$0	$0	$4.2M
Sep 2026	$1.7M	$0	$0	$1.7M
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 1.7x the 5-year average. 12 insiders sold; the average is 10 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 9, 2026 Latest 12 months	570K	12	$89.9M
Oct 9, 2025 1 year earlier	299K	11	$38.0M
Oct 9, 2024 2 years earlier	103K	8	$12.2M
Oct 10, 2023 3 years earlier	317K	11	$37.3M
Oct 10, 2022 4 years earlier	84K	7	$8.6M
Oct 10, 2021 5 years earlier	875K	12	$86.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty3 insiders whose holdings couldn't be fully reconciled

Robert Mitchell: holdings couldn't be fully reconciled (difference of 1,521 shares). Balance changed with no matching transaction and no footnote: +468.4644 shares on Nov 13, 2025 (Thrift Plan Trust). Filing, Nov 13, 2025

James Darden: holdings couldn't be fully reconciled (difference of 7,429 shares). Balance changed with no matching transaction and no footnote: +7,358 shares on Mar 4, 2026 (Direct). Filing, Mar 4, 2026

Thomas Kalmbach: holdings couldn't be fully reconciled (difference of 1,274 shares). Balance changed with no matching transaction and no footnote: +1,145.789 shares on Feb 22, 2026 (Thrift Plan Trust). Filing, Feb 22, 2026

Frank Svoboda: minor difference of 46 shares. Difference is under 0.5% of holdings.

Michael Majors: minor difference of 11 shares. Difference is under 0.5% of holdings.

Marilyn Alexander: minor difference of 103 shares. Difference is under 0.5% of holdings.

Jennifer Haworth: minor difference of 229 shares. Small increase from a 401(k) plan and dividend equivalents.

Linda Addison: minor difference of 241 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Mary Thigpen: minor difference of 108 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Dolores Skarjune: minor difference of 231 shares. Small increase from a 401(k) plan and dividend reinvestment.

Rebecca Zorn: minor difference of 8 shares. Difference is under 0.5% of holdings.

Robert Hensley: minor difference of 24 shares. Difference is under 0.5% of holdings.

Cheryl Alston: minor difference of 79 shares. Difference is under 0.5% of holdings.

James Brannen: minor difference of 55 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

David Rodriguez: minor difference of 36 shares. Difference is under 0.5% of holdings.

Christopher Tyler: minor difference of 9 shares. Difference is under 0.5% of holdings.

Alice Cho: minor difference of 37 shares. Unexplained small increases, consistent with stock unit vesting or reinvested dividends.

Michael Henrie: minor difference of 18 shares. Difference is under 0.5% of holdings.

Matthew Adams: minor difference of 2 shares. Difference is under 0.5% of holdings.

Philip Jacobs: minor difference of 7 shares. Difference is under 0.5% of holdings.

Inferred rename: "Spouse" is treated as the same holder as "Estate of Spouse", because the old name was never reported again and the new one opened with the same balance (34,655 shares). Old name, new name

Inferred typo: the share class "Common Stocl" is treated as the same class as "Common Stock" on 1 holding line, because the two spellings are nearly identical and each balance carried over exactly. Example (Rosemary Montgomery, 309,398 shares): old title, new title

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology2,127 filings from SEC EDGAR, and how we read them

All 2,127 Forms 3, 4 and 5 filed for Globe Life (SEC CIK 320335) from Dec 3, 2002 to Sep 23, 2026, retrieved from SEC EDGAR on Oct 9, 2026. Prices are the ones reported in each filing, often weighted averages. 41 older filings exist only on paper and could not be read.

Probable 3-for-2 stock split on or before Jul 1, 2011 (split date stated in a footnote). Splits aren't reported as transactions; 16 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 3-for-2 stock split on or before Jul 1, 2014 (split date stated in a footnote). Splits aren't reported as transactions; 20 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (58)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Steven Johnson	Jan 3, 2025	17,275 shares, last reported balance as of Jan 2, 2025
Jane Buchan	Jan 3, 2024	160,758 shares, last reported balance as of Jan 2, 2024
Gary Coleman	Mar 1, 2023	763,720 shares, last reported balance as of Feb 27, 2023
Larry Hutchison	Mar 1, 2023	848,701 shares, last reported balance as of Feb 27, 2023
Steven Dichiaro	Feb 9, 2023	12,610 shares, last reported balance as of Feb 8, 2023
Robert Ingram	Jan 9, 2023	23,510 shares, last reported balance as of Jan 3, 2023
Darren Rebelez	Jan 9, 2023	20,765 shares, last reported balance as of Jan 3, 2023
Kenneth Matson	Dec 15, 2022	29,153 shares, last reported balance as of Dec 13, 2022
Jason Harvey	Nov 29, 2022	6,710 shares, last reported balance as of Nov 28, 2022
John Rogers Jr.	Nov 23, 2022	No balance on record
Steven Greer	Nov 10, 2022	16,240 shares, last reported balance as of Nov 1, 2022
David Carlson	Nov 7, 2022	No balance on record
Charles Adair	Apr 28, 2022	7,699 shares, last reported balance as of Apr 27, 2022
Christopher Moore	Apr 25, 2022	1,043 shares, last reported balance as of Apr 22, 2022
James McPartland	Feb 24, 2022	25,736 shares, last reported balance as of Feb 23, 2022
Michael Pressley	Sep 3, 2021	95,552 shares, last reported balance as of May 7, 2021
Carol McCoy	Mar 11, 2021	112,738 shares, last reported balance as of Mar 10, 2021
Bill Leavell	Feb 26, 2021	58,318 shares, last reported balance as of Feb 24, 2021
David Boren	Sep 12, 2019	203 shares, last reported balance as of Aug 28, 2019
Vern Herbel	Jul 29, 2019	196,321 shares, last reported balance as of Jul 26, 2019
Paul Zucconi	May 15, 2019	41,384 shares, last reported balance as of May 14, 2019
Ben Lutek	Mar 4, 2019	56,981 shares, last reported balance as of Feb 28, 2019
Lamar Smith	Jan 3, 2019	67,888 shares, last reported balance as of Jan 2, 2019
Lloyd Newton	May 18, 2018	23,027 shares, last reported balance as of Apr 26, 2018
Roger Smith	Feb 28, 2018	48,113 shares, last reported balance as of Feb 26, 2018
David Zophin	Feb 20, 2018	No balance on record
Arvelia Bowie	Aug 1, 2017	3,698 shares, last reported balance as of Jul 28, 2017
Domenico Bertini	May 1, 2017	No balance on record
Glenn Williams	Aug 7, 2015	97,166 shares, last reported balance as of Aug 6, 2015
Spencer Stone	May 22, 2015	97,315 shares, last reported balance as of May 21, 2015
Alan Hintz	Mar 2, 2015	22 shares, last reported balance as of Feb 27, 2015
Robert Falvo	Mar 2, 2015	195 shares, last reported balance as of Feb 27, 2015
Howard Lewis	Feb 27, 2015	4,500 shares, last reported balance as of Feb 25, 2015
Scott Smith	Feb 2, 2015	1,350 shares, last reported balance as of Jul 14, 2014
Charles Hudson	Jan 16, 2015	96,798 shares, last reported balance as of Dec 15, 2014
Mark McAndrew	May 28, 2014	320,762 shares, last reported balance as of May 27, 2014
Wesley Protheroe	Apr 1, 2013	No balance on record
Douglas Gockel	Mar 13, 2013	160,758 shares, last reported balance as of Mar 13, 2013
Danny Almond	Feb 13, 2013	42,660 shares, last reported balance as of Feb 12, 2013
Sam Perry	Jan 3, 2013	25,298 shares, last reported balance as of Jan 2, 2013
Anthony McWorter	Jun 19, 2012	101,925 shares, last reported balance as of Jun 19, 2012
Andrew King	Jan 18, 2012	145,091 shares, last reported balance as of Jan 17, 2012
Rosemary Montgomery	Nov 12, 2010	155,342 shares, last reported balance as of Nov 10, 2010
Joseph Lanier Jr.	Jun 8, 2010	249,905 shares, last reported balance as of Apr 29, 2010
Joyce Lane	Feb 28, 2008	119,790 shares, last reported balance as of Feb 26, 2008
Larry Strong	Feb 28, 2008	20,788 shares, last reported balance as of Feb 26, 2008
Harold McCormick	Oct 16, 2007	71,996 shares, last reported balance as of Oct 16, 2007
Michael Klyce	Mar 21, 2007	56,556 shares, last reported balance as of Mar 21, 2007
Tony Brill	Feb 9, 2007	239,303 shares, last reported balance as of Feb 9, 2007
Randall Mull	Dec 14, 2006	5,700 shares, last reported balance as of Dec 12, 2006
Russell Tucker	Jun 16, 2006	32,501 shares, last reported balance as of Jun 15, 2006
Joseph Farley	May 17, 2006	199,627 shares, last reported balance as of May 16, 2006
Charles Hudson	Jan 9, 2006	3,134,165 shares, last reported balance as of Jan 6, 2006
Ronald Richey	Jun 21, 2005	2,935,017 shares, last reported balance as of Jun 20, 2005
George Records Sr.	May 9, 2005	118,809 shares, last reported balance as of May 5, 2005
Louis Hagopian	Jan 6, 2004	135,810 shares, last reported balance as of Jan 2, 2004
Ronald Watts	Dec 17, 2003	7,295 shares, last reported balance as of Dec 11, 2003
Gene Grimland	Dec 15, 2003	84,339 shares, last reported balance as of Dec 11, 2003

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.

Globe Life insiders sold $89.9M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Globe Life CEO selling stock?

Why are Globe Life insiders selling?

Are any Globe Life insiders buying?

How much of their stake did Globe Life insiders sell?

The evidence

No plan disclosed · $89.9M

Taxes

Sales by month