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.
Positive
- None.
Negative
- None.
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.