MOODY ROSS R (President & CEO) exercised options at NATIONAL WESTERN LIFE GROUP, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

MOODY ROSS R

Filed: 12/13/2023ACC: 0001467196-23-000006

InsiderMOODY ROSS RCIK 1467196

→

IssuerNATIONAL WESTERN LIFE GROUP, INC.CIK 1635984

DirectorOfficer· President & CEO

Since Dec 2018

-15.03K

Net shares

Net seller

$7.23M

Total sold

Open market trades

0B · 0S

Total transactions

15.03K acquired · 30.05K disposed

Non-Derivative Transactions6

Class A Common Stock

Direct

M · Option Exercise

+3.10K

Price / share

—

Trade value

—

% of position

34.4%

12/11/2023

9K→12.10K

Class A Common Stock

Direct

M · Option Exercise

−3.10K

Price / share

$480.32

Trade value

$1.49M

% of position

25.6%

12/11/2023

12.10K→9K

Class A Common Stock

Direct

M · Option Exercise

+6K

Price / share

$210.22

Trade value

$1.26M

% of position

66.7%

12/11/2023

9K→15K

Class A Common Stock

Direct

D · Disposition

−6K

Price / share

$481.54

Trade value

$2.89M

% of position

40.0%

12/11/2023

15K→9K

Class A Common Stock

Direct

M · Option Exercise

+5.93K

Price / share

$216.48

Trade value

$1.28M

% of position

65.9%

12/11/2023

9K→14.93K

Class A Common Stock

Direct

D · Disposition

−5.93K

Price / share

$481.54

Trade value

$2.86M

% of position

39.7%

12/11/2023

14.93K→9K

Total

Net shares

+0.00

Net value

-$4.69M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	12/11/2023	M · Option Exercise	+3.10K	—	—	34.4%	9K	12.10K
Class A Common Stock Direct	12/11/2023	M · Option Exercise	−3.10K	$480.32	$1.49M	25.6%	12.10K	9K
Class A Common Stock Direct	12/11/2023	M · Option Exercise	+6K	$210.22	$1.26M	66.7%	9K	15K
Class A Common Stock Direct	12/11/2023	D · Disposition	−6K	$481.54	$2.89M	40.0%	15K	9K
Class A Common Stock Direct	12/11/2023	M · Option Exercise	+5.93K	$216.48	$1.28M	65.9%	9K	14.93K
Class A Common Stock Direct	12/11/2023	D · Disposition	−5.93K	$481.54	$2.86M	39.7%	14.93K	9K
Total			+0.00		-$4.69M

Derivative Transactions3

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

3.10K shares

−3.10K

Strike price

Held after

0.00

Exercisable

—

12/11/2023

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

6K shares

−6K

Strike price

210.22

Held after

0.00

Exercisable

—

12/11/2023

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.93K shares

−5.93K

Strike price

216.48

Held after

2.96K

Exercisable

—

12/11/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Class A Common Stock3.10K shares	12/11/2023	M · Option Exercise	−3.10K		—	0.00
Stock Appreciation Rights Direct	Class A Common Stock6K shares	12/11/2023	M · Option Exercise	−6K	210.22	—	0.00
Stock Appreciation Rights Direct	Class A Common Stock5.93K shares	12/11/2023	M · Option Exercise	−5.93K	216.48	—	2.96K