Lincoln International exec granted 634 RSUs

Lincoln International’s President & Global Head of M&A received 634 dividend-equivalent RSUs that vest in later installments, modestly increasing his direct equity-based holdings.

Rhea-AI Filing Summary

Lincoln International, Inc. (LCLN) reported that Eric Dennis Malchow, its President & Global Head of M&A and a director and 10% owner, acquired 634 Restricted Stock Units (RSUs) on September 15, 2026 through dividend equivalent reinvestment on existing RSU awards. Each RSU represents a contingent right to receive one share of Class A Common Stock and will vest in two substantially equal annual installments on the third and fourth anniversaries of May 21, 2026. Following this grant, Malchow holds 225,634 shares/units of Class A Common Stock on a direct basis.

Insider Trade Summary

Grant/Award: 634 shares

Grant/Award 1 txn

Insider Malchow Eric Dennis

Role President & Global Head of M&A

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	634	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 225,634 shares (Direct)

Footnotes (1)

1. F1. Represents Restricted Stock Units (RSUs), each of which represents a contingent right to receive one share of Class A Common Stock, which were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards. The RSUs vest in two substantially equal annual installments on each of the third and fourth anniversaries of May 21, 2026.

Key Figures

RSUs granted: 634 RSUs Price per RSU: $0.00 per unit Holdings after transaction: 225,634 shares/units +1 more

4 metrics

RSUs granted 634 RSUs Dividend equivalent reinvestment grant on September 15, 2026

Price per RSU $0.00 per unit Reported transaction price for the RSU acquisition

Holdings after transaction 225,634 shares/units Direct Class A Common Stock position after the RSU grant

Vesting installments 2 annual installments RSUs vest on the third and fourth anniversaries of May 21, 2026

Key Terms

Restricted Stock Units (RSUs), dividend equivalent reinvestment, contingent right

3 terms

Restricted Stock Units (RSUs) financial

"Represents Restricted Stock Units (RSUs), each of which represents a contingent right"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

dividend equivalent reinvestment financial

"acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards"

contingent right financial

"each of which represents a contingent right to receive one share of Class A Common Stock"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did LCLN report for Eric Dennis Malchow?

LCLN reported that Eric Dennis Malchow received 634 Restricted Stock Units (RSUs) of Class A Common Stock on September 15, 2026, as a grant/award via dividend equivalent reinvestment on existing RSU awards, with no cash price per share reported for the acquisition.

How many LCLN shares or units does Eric Dennis Malchow own after this Form 4 transaction?

After this RSU grant, Eric Dennis Malchow is reported to hold 225,634 shares/units of Lincoln International Class A Common Stock on a direct basis, according to the post-transaction ownership figure in the filing.

What type of security was involved in the LCLN Form 4 for Eric Dennis Malchow?

The transaction involved Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Lincoln International Class A Common Stock, acquired through the dividend equivalent reinvestment provisions of his underlying RSU awards.

How and why were the 634 LCLN RSUs granted to Eric Dennis Malchow?

The 634 RSUs were acquired pursuant to dividend equivalent reinvestment provisions on Malchow’s underlying RSU awards. Dividend equivalents on those awards are reinvested into additional RSUs rather than being paid in cash, increasing his equity-based position.

What is the vesting schedule for Eric Dennis Malchow’s new LCLN RSUs?

The RSUs vest in two substantially equal annual installments on each of the third and fourth anniversaries of May 21, 2026, meaning the award is structured to become earned over a multi-year period tied to those anniversaries.

Was the LCLN insider transaction made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote indicating a pre-arranged Rule 10b5-1 trading plan, so the transaction is not reported as executed under such a plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/15/2026 - 08:08 AM Accepted by SEC EDGAR 09/15/2026 - 08:07 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Malchow Eric Dennis

(Last) (First) (Middle)

110 NORTH WACKER DRIVE, 51ST FLOOR

(Street)

CHICAGO ILLINOIS 60606

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lincoln International, Inc. [ LCLN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President & Global Head of M&A

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/15/2026		A		634(1)	A	$0.00	225,634	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents Restricted Stock Units (RSUs), each of which represents a contingent right to receive one share of Class A Common Stock, which were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards. The RSUs vest in two substantially equal annual installments on each of the third and fourth anniversaries of May 21, 2026.

Remarks:

	/s/ Julie Nelson, Attorney-in-Fact	09/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)