Michael Shane Henrie, SVP & Chief Accounting Officer at Globe Life (NYSE:GL), reported a large exercise of company stock options on September 13, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Wednesday showed that Henrie, SVP & Chief Accounting Officer at Globe Life, a company in the Financials sector, just exercised stock options worth 2,500 shares of GL stock with an exercise price of $98.32.
Globe Life shares are trading up 0.06% at $109.88 at the time of this writing on Thursday morning. Since the current price is $109.88, this makes Henrie's 2,500 shares worth ...