Lincoln Natl Corp Ind SEC Filings

Form 4 Filing: Director Michael A. Woronoff acquired 585 shares of Alexandria Real Estate Equities, Inc. (ARE) common stock on 06/30/2025 at an acquisition price of $0, indicating a board stock grant rather than an open-market purchase. After the grant, Woronoff directly owns 20,107 shares and indirectly controls 1,400 shares through a trust, for a total beneficial ownership of 21,507 shares.

No dispositions or derivative security transactions were reported and the filing makes no reference to a Rule 10b5-1 trading plan. On a company level, the 585-share issuance represents less than 0.001 % of ARE’s roughly 173 million shares outstanding—far below any dilution threshold—so the transaction is not financially material. Nonetheless, the incremental ownership increase modestly improves director–shareholder alignment.

Qualcomm Inc. (QCOM) Form 144 filing discloses that an insider, Akash Palkhiwala, has notified the SEC of an intent to sell 3,333 common shares on or about 07/02/2025 through Goldman Sachs & Co. LLC. The shares have an estimated aggregate market value of $541,012.56, representing roughly 0.0003% of the company’s 1.098 billion outstanding shares.

The filing also details recent activity: over the past three months the same insider sold 9,999 shares across six transactions, generating ~$1.40 million in gross proceeds at prices consistent with market levels. All shares referenced were originally acquired on 09/23/2021 as restricted stock awards granted by the issuer and are being liquidated under Rule 144.

No additional financial metrics, corporate developments or 10b5-1 plan details are provided. Because the contemplated sale is immaterial relative to total shares outstanding and involves previously disclosed compensation stock, the filing is regarded as a routine insider-selling notice rather than a signal of fundamental change at Qualcomm.

Lincoln National Corp. (LNC) – Form 4 insider filing

On 06/30/2025, director Owen Ryan received 2,167.63 Phantom Stock Units (transaction code A) under the company’s Deferred Compensation Plan for Non-Employee Directors. Each phantom unit is economically equivalent to one share of common stock and will be settled in shares when the director resigns or retires. The award represents the quarterly payment of board retainer and fees, not an open-market purchase. Following the transaction Ryan now beneficially owns 17,647.89 phantom units, including 214.87 units acquired via dividend reinvestment since his last filing. The units were credited at an accounting price of $34.60 per share. Ownership is reported as direct (D).

No non-derivative share transactions were reported, and there is no indication of sales or option exercises. The filing reflects routine director compensation rather than a discretionary investment, implying limited market impact but modestly increasing alignment between the director and shareholders.

Lincoln National Corp. (LNC) – Form 4 insider filing

On 06/30/2025, director Owen Ryan received 2,167.63 Phantom Stock Units (transaction code A) under the company’s Deferred Compensation Plan for Non-Employee Directors. Each phantom unit is economically equivalent to one share of common stock and will be settled in shares when the director resigns or retires. The award represents the quarterly payment of board retainer and fees, not an open-market purchase. Following the transaction Ryan now beneficially owns 17,647.89 phantom units, including 214.87 units acquired via dividend reinvestment since his last filing. The units were credited at an accounting price of $34.60 per share. Ownership is reported as direct (D).

No non-derivative share transactions were reported, and there is no indication of sales or option exercises. The filing reflects routine director compensation rather than a discretionary investment, implying limited market impact but modestly increasing alignment between the director and shareholders.

Expensify, Inc. (EXFY) – Form 4 filing dated 07/02/2025

Chief Executive Officer and Chairman David Michael Barrett reported the sale of 30,000 Class A common shares on 07/01/2025 under a Rule 10b5-1 trading plan adopted 03/31/2025. The weighted-average sale price was $2.56, with individual trades executed between $2.47 and $2.63. Aggregate consideration was roughly $77,000.

Following the transaction, Barrett’s beneficial ownership remains substantial at 1,528,480 shares held indirectly through Barrett Trust LLC plus 210,676 shares held directly. The disposed shares represent ≈2.0 % of his indirect holdings, suggesting the sale is modest relative to his overall stake.

The filing is limited to this single planned disposition; no derivative security activity, option exercises, or additional purchases were reported. Because the sale was effected pursuant to a pre-established 10b5-1 plan, it may mitigate concerns over opportunistic timing, yet it still constitutes an insider reduction in exposure.

Expensify, Inc. (EXFY) – Form 4 filing dated 07/02/2025

Chief Executive Officer and Chairman David Michael Barrett reported the sale of 30,000 Class A common shares on 07/01/2025 under a Rule 10b5-1 trading plan adopted 03/31/2025. The weighted-average sale price was $2.56, with individual trades executed between $2.47 and $2.63. Aggregate consideration was roughly $77,000.

Following the transaction, Barrett’s beneficial ownership remains substantial at 1,528,480 shares held indirectly through Barrett Trust LLC plus 210,676 shares held directly. The disposed shares represent ≈2.0 % of his indirect holdings, suggesting the sale is modest relative to his overall stake.

The filing is limited to this single planned disposition; no derivative security activity, option exercises, or additional purchases were reported. Because the sale was effected pursuant to a pre-established 10b5-1 plan, it may mitigate concerns over opportunistic timing, yet it still constitutes an insider reduction in exposure.

Bank of Montreal is offering US$435,000 of Senior Medium-Term Digital Return Notes, Series K, linked to FedEx Corporation (FDX) common stock. The three-year notes (Pricing Date : 30 Jun 2025; Maturity : 03 Jul 2028) pay a single 26.00% digital return if FDX’s closing price on the Valuation Date is at least equal to the Initial Level of $227.31. Should the Final Level fall below the Initial Level, investors receive only principal, resulting in a 0% return. There is no participation above 26% and the notes bear no periodic interest.

Key economic terms include: Digital Barrier = 100% of Initial Level; minimum denomination = $1,000; CUSIP 06376EHA3. The notes are unsecured, unsubordinated obligations of Bank of Montreal and are subject to issuer credit risk. They will not be listed, and any liquidity will rely on BMO Capital Markets Corp. acting as a market-maker. Issue price equals 100%, with a 0.75% selling commission; the estimated initial value is $986.68 per $1,000, reflecting embedded dealer compensation and hedging costs.

The filing highlights material risks: upside capped at 26%, potential under-performance versus conventional bonds, lack of dividends, secondary-market uncertainty, conflicts of interest in the calculation agent role, and complex U.S. tax treatment as contingent payment debt instruments. The product may appeal to investors seeking principal preservation plus a defined payoff contingent on non-negative FDX performance, but it sacrifices income and exposes holders to both FedEx share volatility and Bank of Montreal’s credit profile.

zSpace, Inc. (ZSPC) Form 4 filing: Director Joanna Morris reported the vesting of 6,720 Restricted Stock Units (RSUs) on 1 July 2025, which automatically converted into an equal number of common shares at $0 exercise price. The award was originally granted on 1 April 2025 under the company’s 2024 Equity Incentive Plan and board compensation policy. Following the conversion, Morris now holds 6,720 ZSPC common shares directly. The filing also shows she still retains approximately 6,721 RSUs outstanding. No open-market purchase or sale occurred; code “M” denotes an exempt, non-cash conversion, resulting in negligible cash flow and minimal dilution given the small share count.

Lincoln National Corporation (LNC) has issued a Notice of Fund Changes for the LNL Agents’ 401(k) Savings Plan. Effective June 13, 2025, the Income America 2025 Fund 5ForLife-L was merged into the Income America In Retirement Fund 5ForLife-L because both vehicles now share the same conservative asset-allocation mix aimed at providing steady retirement income. All existing balances and future contribution elections that were in the 2025 Fund were automatically transferred or mapped to the In Retirement Fund; participants can no longer direct money to the eliminated fund.

The consolidation did not alter fees: both funds carry total and net annual operating expenses of 0.85% (about $8.50 per $1,000 invested). As of March 31, 2025 the 2025 Fund posted a 1-year return of 5.01% versus 4.78% for the In Retirement Fund, while since-inception returns (12-08-2022) were 7.84% and 7.71%, respectively. Participants may review or change their investment allocations online or by calling Lincoln’s customer contact center.