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 · 12 exercises

MOODY ROSS R

Filed: 7/11/2024ACC: 0001467196-24-000004

InsiderMOODY ROSS RCIK 1467196

→

IssuerNATIONAL WESTERN LIFE GROUP, INC.CIK 1635984

DirectorOfficer· President & CEO

Since Dec 2018

-170.44K

Net shares

Net seller

$85.22M

Total sold

Open market trades

0B · 0S

Total transactions

170.44K acquired · 340.88K disposed

Non-Derivative Transactions20

Class A Common Stock

Direct

M · Option Exercise

+2.96K

Price / share

$216.48

Trade value

$641.65K

% of position

32.9%

7/9/2024

9K→11.96K

Class A Common Stock

Direct

D · Disposition

−2.96K

Price / share

$500.00

Trade value

$1.48M

% of position

24.8%

7/9/2024

11.96K→9K

Class A Common Stock

Direct

M · Option Exercise

+6.34K

Price / share

$311.16

Trade value

$1.97M

% of position

70.5%

7/9/2024

9K→15.34K

Class A Common Stock

Direct

D · Disposition

−6.34K

Price / share

$500.00

Trade value

$3.17M

% of position

41.3%

7/9/2024

15.34K→9K

Class A Common Stock

Direct

M · Option Exercise

+5.90K

Price / share

$334.34

Trade value

$1.97M

% of position

65.6%

7/9/2024

9K→14.90K

Class A Common Stock

Direct

D · Disposition

−5.90K

Price / share

$500.00

Trade value

$2.95M

% of position

39.6%

7/9/2024

14.90K→9K

Class A Common Stock

Direct

M · Option Exercise

+6.80K

Price / share

$303.77

Trade value

$2.07M

% of position

75.5%

7/9/2024

9K→15.80K

Class A Common Stock

Direct

D · Disposition

−6.80K

Price / share

$500.00

Trade value

$3.40M

% of position

43.0%

7/9/2024

15.80K→9K

Class A Common Stock

Direct

M · Option Exercise

+9.51K

Price / share

$252.91

Trade value

$2.40M

% of position

105.7%

7/9/2024

9K→18.51K

Class A Common Stock

Direct

D · Disposition

−9.51K

Price / share

$500.00

Trade value

$4.75M

% of position

51.4%

7/9/2024

18.51K→9K

Class A Common Stock

Direct

M · Option Exercise

+20.66K

Price / share

$192.10

Trade value

$3.97M

% of position

229.5%

7/9/2024

9K→29.66K

Class A Common Stock

Direct

D · Disposition

−20.66K

Price / share

$500.00

Trade value

$10.33M

% of position

69.7%

7/9/2024

29.66K→9K

Class A Common Stock

Direct

M · Option Exercise

+37.24K

Price / share

$218.44

Trade value

$8.13M

% of position

413.8%

7/9/2024

9K→46.24K

Class A Common Stock

Direct

D · Disposition

−37.24K

Price / share

$500.00

Trade value

$18.62M

% of position

80.5%

7/9/2024

46.24K→9K

Class A Common Stock

Direct

M · Option Exercise

+73.81K

Price / share

$220.61

Trade value

$16.28M

% of position

820.1%

7/9/2024

9K→82.81K

Class A Common Stock

Direct

D · Disposition

−73.81K

Price / share

$500.00

Trade value

$36.91M

% of position

89.1%

7/9/2024

82.81K→9K

Class A Common Stock

Direct

M · Option Exercise

+2.79K

Price / share

—

Trade value

—

% of position

31.0%

7/9/2024

9K→11.79K

Class A Common Stock

Direct

M · Option Exercise

−2.79K

Price / share

$500.00

Trade value

$1.40M

% of position

23.7%

7/9/2024

11.79K→9K

Class A Common Stock

Direct

M · Option Exercise

+4.43K

Price / share

—

Trade value

—

% of position

49.2%

7/9/2024

9K→13.43K

Class A Common Stock

Direct

M · Option Exercise

−4.43K

Price / share

$500.00

Trade value

$2.21M

% of position

33.0%

7/9/2024

13.43K→9K

Total

Net shares

+0.00

Net value

-$47.78M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+2.96K	$216.48	$641.65K	32.9%	9K	11.96K
Class A Common Stock Direct	7/9/2024	D · Disposition	−2.96K	$500.00	$1.48M	24.8%	11.96K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+6.34K	$311.16	$1.97M	70.5%	9K	15.34K
Class A Common Stock Direct	7/9/2024	D · Disposition	−6.34K	$500.00	$3.17M	41.3%	15.34K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+5.90K	$334.34	$1.97M	65.6%	9K	14.90K
Class A Common Stock Direct	7/9/2024	D · Disposition	−5.90K	$500.00	$2.95M	39.6%	14.90K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+6.80K	$303.77	$2.07M	75.5%	9K	15.80K
Class A Common Stock Direct	7/9/2024	D · Disposition	−6.80K	$500.00	$3.40M	43.0%	15.80K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+9.51K	$252.91	$2.40M	105.7%	9K	18.51K
Class A Common Stock Direct	7/9/2024	D · Disposition	−9.51K	$500.00	$4.75M	51.4%	18.51K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+20.66K	$192.10	$3.97M	229.5%	9K	29.66K
Class A Common Stock Direct	7/9/2024	D · Disposition	−20.66K	$500.00	$10.33M	69.7%	29.66K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+37.24K	$218.44	$8.13M	413.8%	9K	46.24K
Class A Common Stock Direct	7/9/2024	D · Disposition	−37.24K	$500.00	$18.62M	80.5%	46.24K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+73.81K	$220.61	$16.28M	820.1%	9K	82.81K
Class A Common Stock Direct	7/9/2024	D · Disposition	−73.81K	$500.00	$36.91M	89.1%	82.81K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+2.79K	—	—	31.0%	9K	11.79K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	−2.79K	$500.00	$1.40M	23.7%	11.79K	9K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	+4.43K	—	—	49.2%	9K	13.43K
Class A Common Stock Direct	7/9/2024	M · Option Exercise	−4.43K	$500.00	$2.21M	33.0%	13.43K	9K
Total			+0.00		-$47.78M

Derivative Transactions10

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.96K shares

−2.96K

Strike price

216.48

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

6.34K shares

−6.34K

Strike price

311.16

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

5.90K shares

−5.90K

Strike price

334.34

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

6.80K shares

−6.80K

Strike price

303.77

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

9.51K shares

−9.51K

Strike price

252.91

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

20.66K shares

−20.66K

Strike price

192.10

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

37.24K shares

−37.24K

Strike price

218.44

Held after

0.00

Exercisable

—

7/9/2024

Stock Appreciation Rights

Direct

M · Option Exercise

Converts to

Class A Common Stock

73.81K shares

−73.81K

Strike price

220.61

Held after

0.00

Exercisable

—

7/9/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

2.79K shares

−2.79K

Strike price

Held after

0.00

Exercisable

—

7/9/2024

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Class A Common Stock

4.43K shares

−4.43K

Strike price

Held after

0.00

Exercisable

—

7/9/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Stock Appreciation Rights Direct	Class A Common Stock2.96K shares	7/9/2024	M · Option Exercise	−2.96K	216.48	—
Stock Appreciation Rights Direct	Class A Common Stock6.34K shares	7/9/2024	M · Option Exercise	−6.34K	311.16	—
Stock Appreciation Rights Direct	Class A Common Stock5.90K shares	7/9/2024	M · Option Exercise	−5.90K	334.34	—
Stock Appreciation Rights Direct	Class A Common Stock6.80K shares	7/9/2024	M · Option Exercise	−6.80K	303.77	—
Stock Appreciation Rights Direct	Class A Common Stock9.51K shares	7/9/2024	M · Option Exercise	−9.51K	252.91	—
Stock Appreciation Rights Direct	Class A Common Stock20.66K shares	7/9/2024	M · Option Exercise	−20.66K	192.10	—
Stock Appreciation Rights Direct	Class A Common Stock37.24K shares	7/9/2024	M · Option Exercise	−37.24K	218.44	—
Stock Appreciation Rights Direct	Class A Common Stock73.81K shares	7/9/2024	M · Option Exercise	−73.81K	220.61	—
Restricted Stock Units Direct	Class A Common Stock2.79K shares	7/9/2024	M · Option Exercise	−2.79K		—
Restricted Stock Units Direct	Class A Common Stock4.43K shares	7/9/2024	M · Option Exercise	−4.43K		—