Lincoln National (LNC) insider files Form 144 to sell 37,568 shares on NYSE
Rhea-AI Filing Summary
Lincoln National Corporation insider share sale notice
A holder of Lincoln National Corporation common stock filed a Form 144 indicating an intention to sell up to 37,568 common shares through UBS Financial Services on the NYSE. The filing reports that 169,668,780 common shares were outstanding at the time. The seller acquired the shares recently through a mix of option exercise and restricted stock unit transactions with Lincoln National. Over the past three months, the same seller previously sold 5,000 common shares for gross proceeds of 204,241, showing an ongoing program of share dispositions.
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FAQ
What does the Form 144 filing for LNC disclose?
The Form 144 discloses that a holder of Lincoln National Corporation (LNC) common stock intends to sell up to 37,568 common shares through a broker on the NYSE, subject to Rule 144 conditions.
How many Lincoln National (LNC) shares are planned for sale under this Form 144?
The notice covers an intended sale of up to 37,568 shares of Lincoln National Corporation common stock.
How many Lincoln National (LNC) shares were outstanding when this Form 144 was filed?
The filing states that there were 169,668,780 common shares outstanding of Lincoln National Corporation when the notice was prepared.
How were the Lincoln National (LNC) shares being sold acquired?
The shares to be sold were acquired from Lincoln National through an option exercise and several RSU and RSU vesting transactions in 2025, with payment made by wire.
What prior sales of Lincoln National (LNC) shares does the Form 144 report?
The filing reports that the seller previously disposed of 5,000 common shares of Lincoln National Corporation on 11/03/2025 for gross proceeds of 204,241.
Which broker is handling the planned sale of Lincoln National (LNC) shares?
The Form 144 lists UBS Financial Services Inc. as the broker, with the sale of Lincoln National Corporation common stock to occur on the NYSE.