Lincoln International CFO gets 71 dividend RSUs

Lincoln International’s CFO received 71 dividend-equivalent RSUs that increase his direct Class A Common Stock holdings to 25,071 shares.

Rhea-AI Filing Summary

Lincoln International, Inc. (LCLN) reported that Chief Financial Officer Theodore J. Heidloff acquired 71 shares of Class A Common Stock on September 15, 2026 through a grant of Restricted Stock Units (RSUs) with a stated value of $0.00 per share. These RSUs were credited as dividend equivalent reinvestments on existing RSU awards and will vest in two substantially equal annual installments on each of the third and fourth anniversaries of May 21, 2026. Following this award, he holds 25,071 shares of Class A Common Stock directly, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 71 shares

Grant/Award 1 txn

Insider Heidloff Theodore J.

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock F1	71	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 25,071 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: 71 shares Per-share grant price: $0.00 per share Shares held after transaction: 25,071 shares +1 more

4 metrics

RSUs granted 71 shares Restricted Stock Units credited on September 15, 2026 via dividend equivalent reinvestment

Per-share grant price $0.00 per share Reported value for the RSU grant acquisition of Class A Common Stock

Shares held after transaction 25,071 shares Direct holdings of Class A Common Stock by the CFO following the RSU grant

RSU vesting schedule Two substantially equal annual installments Vesting on each of the third and fourth anniversaries of May 21, 2026

Key Terms

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

4 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"

Class A Common Stock financial

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

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

contingent right financial

"each of which represents a contingent right to receive one share"

FAQ

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

What insider transaction did Lincoln International (LCLN) disclose for its CFO?

Lincoln International disclosed that its Chief Financial Officer, Theodore J. Heidloff, received 71 RSU-based shares of Class A Common Stock on September 15, 2026 as a grant or award, increasing his direct holdings to 25,071 shares.

At what price were the new Lincoln International (LCLN) RSUs granted to the CFO?

The 71 RSUs granted to Lincoln International’s CFO were reported with a per-share price of $0.00, reflecting a grant or award rather than a market purchase transaction.

How many Lincoln International (LCLN) shares does the CFO hold after this Form 4 transaction?

After the reported grant, Chief Financial Officer Theodore J. Heidloff directly holds 25,071 shares of Lincoln International, Inc. Class A Common Stock, according to the Form 4 disclosure.

What are the vesting terms of the new RSUs reported by Lincoln International (LCLN)?

The filing states that the RSUs vest in two substantially equal annual installments on each of the third and fourth anniversaries of May 21, 2026, subject to the terms of the underlying RSU awards.

How were the new RSUs for Lincoln International’s (LCLN) CFO acquired?

The RSUs were acquired pursuant to the dividend equivalent reinvestment provisions of underlying RSU awards, meaning dividends on prior awards were reinvested into additional RSUs representing Class A Common Stock.

Was a Rule 10b5-1 trading plan involved in the Lincoln International (LCLN) CFO’s Form 4 transaction?

No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with this RSU grant.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/15/2026 - 08:05 AM EDT Accepted by SEC EDGAR 09/15/2026 - 08:04 AM EDT 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^*

Heidloff Theodore J.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

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		71(1)	A	$0.00	25,071	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)