Globe Life Inc. Suspends Trading in Employee Benefit Plans

TL;DR

Globe Life suspended trading in employee benefit plans on Nov 14. No reason given.

AI Summary

Globe Life Inc. reported a temporary suspension of trading under its employee benefit plans on November 14, 2024. This action was taken in accordance with the terms of the plans, though specific details regarding the reason for the suspension were not provided in this filing.

Why It Matters

This suspension could impact employees' ability to access or trade their vested benefits within the company's plans, potentially affecting their financial flexibility.

Risk Assessment

Risk Level: medium — Suspension of trading in employee benefit plans can indicate underlying issues or create uncertainty for employees regarding their investments.

Key Players & Entities

• GLOBE LIFE INC. (company) — Registrant
• November 14, 2024 (date) — Date of earliest event reported
• TORCHMARK CORP (company) — Former company name
• LIBERTY NATIONAL INSURANCE HOLDING CO (company) — Former company name

FAQ

Key Financial Figures

• $1.00 — nged on which registered Common Stock, $1.00 par value per share GL New York Stock E

Filing Documents

• gl-20241114.htm (8-K) — 30KB
• blackoutperiodforglincsa.htm (EX-99.1) — 1KB
• blackoutperiodforglincsa001.jpg (GRAPHIC) — 240KB
• 0000320335-24-000065.txt ( ) — 523KB
• gl-20241114.xsd (EX-101.SCH) — 2KB
• gl-20241114_def.xml (EX-101.DEF) — 15KB
• gl-20241114_lab.xml (EX-101.LAB) — 27KB
• gl-20241114_pre.xml (EX-101.PRE) — 16KB
• gl-20241114_htm.xml (XML) — 4KB

04 Temporary Suspension of Trading Under Registrant's Benefit Plans

Item 5.04 Temporary Suspension of Trading Under Registrant's Benefit Plans Effective as of December 16, 2024, the Globe Life Inc. Savings and Investment Plan (the "Plan") will change record keepers from Empower Retirement to Fidelity Investments ("Fidelity"). This change in record keeper will necessitate a blackout period during which participants in the Plan will be unable to effect certain transactions with respect to their Plan accounts. During the blackout period, certain transactions in the Globe Life Inc. Stock Fund (a fund which invests in shares of Globe Life Inc.'s common stock) will be suspended and Plan participants will be unable to access their account balances and other information, transfer or diversify their investments in the plan, or obtain a withdrawal, loan or distribution from the Plan. The blackout period will commence at 3:00 p.m. Central Time on December 6, 2024 and is scheduled to end during the week of December 29, 2024. During the week of December 29, 2024, information regarding whether the blackout period has ended may be obtained, free of charge, by calling Fidelity at 800-835-5095. No trades can be processed during the blackout period. Notice of this blackout period was sent, on November 14, 2024, to all affected directors and officers. The foregoing description of the notice is qualified in its entirety by reference to the notice, which is attached to this Form 8-K as Exhibit 99.1 and which is incorporated by reference herein. Questions about Section 306(a) of the Sarbanes-Oxley Act or questions regarding the blackout period or the blackout period notice should be addressed to Dana Sigler at Globe Life Inc. (972-569-4075 or dssigler@globe.life), 3700 South Stonebridge Drive, McKinney, Texas, 75070. During the blackout period and for a period of two years after the ending date of the blackout period, information regarding the actual beginning and ending dates of the blackout period may also be obtained, free of charge, by cont

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits. (99.1) Notice of Blackout Period for the Globe Life Inc. Savings and Investment Pl an (104) Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLOBE LIFE INC. Date: November 14, 2024 /s/ Christopher T. Moore Christopher T. Moore Corporate Senior Vice President, Associate Counsel and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR