Lincoln International (LCLN) CFO exercises options on 8,450-unit grant
Rhea-AI Filing Summary
Lincoln International, Inc. reported that its Chief Financial Officer, Theodore J. Heidloff, exercised a fully vested stock option for 8,450 Common Units of Lincoln International, LP at an exercise price of $6.83 per unit on August 14, 2026. This exercise generated a corresponding issuance of 8,450 Class B Common Stock and 8,450 Common Units, which together are redeemable into Class A Common Stock on a 1-to-1 basis, with an equal number of Class B shares forfeited upon redemption. Following these transactions, Heidloff directly holds 315,576 Common Units and 315,576 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,450 shares
Net Buy
3 txns
Insider
Heidloff Theodore J.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F3 | 8,450 | $0.00 | $0.00 |
| Exercise | Common Units F2, F1 | 8,450 | $6.83 | $58K |
| Grant/Award | Class B Common Stock F1, F2 | 8,450 | -- | -- |
Holdings After Transaction:
Stock Option — 0 shares (Direct);
Common Units — 315,576 shares (Direct);
Class B Common Stock — 315,576 shares (Direct)
Footnotes (3)
- F1. Represents common units of Lincoln International, LP ("Common Units") issued pursuant to the exercise of a Stock Option and a corresponding number of Class B Common Stock.
- F2. The 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 B Common Stock will be forfeited in connection with the redemption. The Common Units have no expiration date.
- F3. The stock option is fully vested and exercisable.
Key Figures
Option Shares Exercised: 8,450 shares
Exercise Price: $6.83 per unit
Common Units Acquired: 8,450 units
+4 more
7 metrics
Option Shares Exercised
8,450 shares
Stock option over Common Units exercised on August 14, 2026
Exercise Price
$6.83 per unit
Exercise price for the 8,450 Common Units underlying the stock option
Common Units Acquired
8,450 units
Common Units of Lincoln International, LP received upon option exercise
Class B Shares Acquired
8,450 shares
Class B Common Stock issued corresponding to Common Units
Common Units Held After
315,576 units
Direct Common Unit holdings by the CFO following the transactions
Class B Shares Held After
315,576 shares
Direct Class B Common Stock holdings by the CFO following the transactions
Option Expiration Date
2026-12-31
Expiration date of the exercised stock option grant
Key Terms
Common Units, Class B Common Stock, redeemed, 1-to-1 basis, +1 more
5 terms
Common Units financial
"Represents common units of Lincoln International, LP ("Common Units") issued"
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.
Class B Common Stock financial
"and a corresponding number of Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
redeemed financial
"The Common Units may be redeemed by the Reporting Person at any time"
1-to-1 basis financial
"for shares of Class A Common Stock on a 1-to-1 basis"
fully vested and exercisable financial
"The stock option is fully vested and exercisable."
FAQ
What transactions did LCLN CFO Theodore J. Heidloff report on August 14, 2026?
Heidloff reported exercising a stock option for 8,450 Common Units at $6.83 per unit, receiving 8,450 Common Units and 8,450 shares of Class B Common Stock. These securities are linked to potential future redemption into Class A Common Stock.
What was the exercise price of the stock option reported by LCLN’s CFO?
The stock option exercised by the CFO on August 14, 2026 covered 8,450 Common Units at an exercise price of $6.83 per unit. The option was fully vested and exercisable at the time of the transaction, according to the accompanying footnote disclosure.
How are LCLN Common Units and Class B Common Stock linked to Class A Common Stock?
Each Common Unit may be redeemed for one share of Class A Common Stock, and a corresponding share of Class B Common Stock will be forfeited upon redemption. The filing states this occurs on a 1-to-1 basis and that the Common Units have no expiration date.
Did the LCLN Form 4 involve derivative securities, and what happened to them?
Yes. The CFO exercised a stock option over 8,450 Common Units, reported as the disposition of the derivative and acquisition of the underlying equity. After the exercise, the specific reported stock option position shows 0 remaining shares in that derivative grant.
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