Lincoln International (LCLN) CEO discloses sizable ownership stake
Rhea-AI Filing Summary
Lincoln International, Inc. filed an initial ownership report showing that Chief Executive Officer Robert Todd Brown holds significant equity in the company. He directly owns 7,792,200 Common Units of Lincoln International, LP that are redeemable into Class A Common Stock on a 1-to-1 basis, with a corresponding number of Class C shares forfeited upon redemption.
Brown also directly holds 657,800 shares of Class A Common Stock and several stock option grants on Common Units. These include options with exercise prices of $9.0900 and $7.3800, expiring between 2027 and 2030, with individual grants such as 16,250 underlying Common Units that vest in full on January 1 in successive years.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Brown Robert Todd
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Units | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Stock Option | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Units — 7,792,200 shares (Direct);
Stock Option — 390,000 shares (Direct);
Class A Common Stock — 657,800 shares (Direct);
Class C Common Stock — 7,792,200 shares (Direct)
Footnotes (5)
- F1. The common units of Lincoln International, LP ("Common Units") may be redeemed by the Reporting Person at any time at the option of the holder for shares of Class A Common Stock on a 1-to-1 basis, and a corresponding number of shares of Class C Common Stock will be forfeited in connection with the redemption. The Common Units have no expiration date.
- F2. The stock option vests in full on January 1, 2027.
- F3. The stock option vests in full on January 1, 2028.
- F4. The stock option vests in full on January 1, 2029.
- F5. The stock option vests in full on January 1, 2030.
Key Figures
Common Units held: 7,792,200 Common Units
Class A shares held: 657,800 shares
Class C shares linked: 7,792,200 shares
+5 more
8 metrics
Common Units held
7,792,200 Common Units
Redeemable 1-to-1 into Class A Common Stock, no expiration date
Class A shares held
657,800 shares
Direct ownership of Class A Common Stock
Class C shares linked
7,792,200 shares
Class C Common Stock forfeited as Common Units are redeemed
Stock option grant size
16,250 underlying Common Units
Options at $9.0900 exercise price expiring 2027-12-31
Large option grant
325,000 underlying Common Units
Stock option at $7.3800 exercise price expiring 2027-12-31
Option exercise price
$9.0900 per unit
Stock options on Common Units expiring 2027-2030
Option exercise price
$7.3800 per unit
Stock option on 325,000 Common Units expiring 2027-12-31
Vesting dates
January 1, 2027–2030
Stock options vest in full on these dates
Key Terms
Class C Common Stock, Common Units, Stock Option, ten percent owner, +1 more
5 terms
Class C Common Stock financial
"a corresponding number of shares of Class C Common Stock will be forfeited"
A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.
Common Units financial
"The common units of Lincoln International, LP ("Common Units") may be redeemed"
Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.
Stock Option financial
"The stock option vests in full on January 1, 2027."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
ten percent owner financial
"is_ten_percent_owner": 1"
vests in full financial
"The stock option vests in full on January 1, 2028."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Form 3 filing show about LCLN CEO Robert Todd Brown’s ownership?
The Form 3 shows CEO Robert Todd Brown directly holds 7,792,200 Common Units and 657,800 Class A shares of Lincoln International (LCLN). It also lists multiple stock option awards on Common Units with defined exercise prices and expiration and vesting dates.
How many Common Units linked to Class A stock does the LCLN CEO hold?
Robert Todd Brown holds 7,792,200 Common Units of Lincoln International, LP. These may be redeemed at his option for an equal number of Class A Common Stock shares on a 1-to-1 basis, with a corresponding number of Class C shares forfeited upon each redemption.
What direct Class A Common Stock position does the LCLN CEO report?
The CEO reports direct ownership of 657,800 shares of Class A Common Stock of Lincoln International (LCLN). This position is separate from his Common Units, which are exchangeable into additional Class A shares under the terms described in the filing’s footnotes.
What stock options on Common Units are disclosed for the LCLN CEO?
The filing lists several stock option grants on Common Units for the CEO, including options with a $9.0900 exercise price expiring between 2027 and 2030, and a larger grant at $7.3800 expiring in 2027. Individual grants cover 16,250 and 325,000 underlying Common Units.
When do the LCLN CEO’s stock options vest according to the Form 3 footnotes?
Footnotes state that specific stock option grants vest in full on January 1 of successive years: 2027, 2028, 2029, and 2030. These vesting dates apply to the options with a $9.0900 exercise price on 16,250 underlying Common Units each year.