---
schema_version: "secwatch.filing_event.v1"
accession: "0000320335-23-000056"
form_type: "8-K"
ticker: "GL"
cik: "0000320335"
company_name: "GLOBE LIFE INC."
filed_at: "2023-11-09T23:59:59+00:00"
generated_at: "2026-06-08T07:58:32.824985+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Globe Life adopts new Management Incentive Plan effective Jan 1, 2024

## Summary
- Board adopted new Management Incentive Plan (MIP) effective Jan 1, 2024.
- Annual bonus pool equals Corporate Bonus Target times Corporate Performance Percentage, capped at 200%.
- Performance measures may include GAAP/non-GAAP metrics such as net operating income, ROE, sales, etc.
- Upon qualifying termination after Change in Control, target payout is deemed earned at target level with pro-rata payment.
- All bonuses subject to Company Clawback Policy.

## SEC filing metadata
- accession: 0000320335-23-000056
- form_type: 8-K
- ticker: GL
- cik: 0000320335
- company_name: GLOBE LIFE INC.
- filed_at: 2023-11-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320335/000032033523000056/0000320335-23-000056-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320335/000032033523000056/gl-20231109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320335-23-000056
- JSON: https://secwatch.observer/filing/0000320335-23-000056.json
- Plain text: https://secwatch.observer/filing/0000320335-23-000056.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.