---
schema_version: "secwatch.filing_event.v1"
accession: "0000320335-24-000067"
form_type: "8-K"
ticker: "GL"
cik: "0000320335"
company_name: "GLOBE LIFE INC."
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:45:25.398910+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Globe Life adopts executive severance plan; Co-CEOs get 2x pay multiple

## Summary
- Plan covers Co-CEOs and other Named Executive Officers; severance multiples of 2x (Co-CEOs) or 1.5x (others) of base salary plus target bonus.
- Severance paid in installments over 18-24 months; includes health coverage for 12 months and outplacement up to $25,000.
- Equity award agreements amended: RSUs vest up to 66.67% after 2 years; performance shares prorated upon Qualifying Termination.
- Benefits conditioned on release, confidentiality, non-solicitation, non-disparagement; breach allows clawback of payments.

## SEC filing metadata
- accession: 0000320335-24-000067
- form_type: 8-K
- ticker: GL
- cik: 0000320335
- company_name: GLOBE LIFE INC.
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320335/000032033524000067/0000320335-24-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320335/000032033524000067/gl-20241119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000320335-24-000067
- JSON: https://secwatch.observer/filing/0000320335-24-000067.json
- Plain text: https://secwatch.observer/filing/0000320335-24-000067.txt

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