Lincoln National EVP Woodroffe sells 17,500 shares

Q: How many LNC shares did Sean Woodroffe sell, and at what price?

Sean Woodroffe sold 17,500 shares of Lincoln National Corp common stock on November 6, 2026, at a weighted average price of $40.24 per share. The transactions ranged from $40.19 to $40.29 per share, inclusive, and no Rule 10b5-1 plan is reported.

Q: How many LNC shares did Sean Woodroffe hold after the sale?

Woodroffe directly held 103,296 shares after the sale. That amount includes 849 shares acquired through dividend reinvestment since his last report.

The sale covered multiple transactions priced from $40.19 to $40.29, and Woodroffe directly held 103,296 shares afterward.

Available on EDGAR 11/09/2026 - 04:21 PM EST Accepted by SEC EDGAR 11/09/2026 - 04:21 PM EST

Filing Impact

(Neutral)

Filing Sentiment

(Negative)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Lincoln National Corp (LNC) executive officer Sean Woodroffe, whose listed title is “EVP, Ch Ppl Comms Ent Srvc Off,” sold 17,500 shares of common stock on November 6, 2026, at a weighted average price of $40.24 per share. The shares were sold in multiple transactions at prices from $40.19 to $40.29. He directly held 103,296 shares after the sale; that amount includes 849 shares acquired through dividend reinvestment since his last report. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Seller: 17,500 shares

Net Sell 1 txn

Insider Woodroffe Sean

Role EVP, Ch Ppl Comms Ent Srvc Off

Sold 17,500 shs ($704K)

Type	Security	Shares	Price	Value
Sale	Common Stock ^{F1, F2}	17,500	$40.24	$704K

Holdings After Transaction: Common Stock — 103,296 shares (Direct)

Footnotes (2)

F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.19 to $40.29, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.
F2. Includes 849 shares acquired through dividend reinvestment since the reporting person's last report.

Key Figures

Shares sold: 17,500 shares Weighted average sale price: $40.24 per share Sale price range: $40.19–$40.29 per share +2 more

5 metrics

Shares sold 17,500 shares November 6, 2026

Weighted average sale price $40.24 per share Sale on November 6, 2026

Sale price range $40.19–$40.29 per share Multiple transactions; inclusive

Direct shares held after sale 103,296 shares Following the November 6, 2026 sale

Shares acquired through dividend reinvestment 849 shares Since the reporting person's last report

Key Terms

weighted average price, dividend reinvestment, Rule 10b5-1 plan

3 terms

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

dividend reinvestment financial

"849 shares acquired through dividend reinvestment"

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

Rule 10b5-1 plan regulatory

"No Rule 10b5-1 plan is reported"

A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.

FAQ

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

How many LNC shares did Sean Woodroffe sell, and at what price?

Sean Woodroffe sold 17,500 shares of Lincoln National Corp common stock on November 6, 2026, at a weighted average price of $40.24 per share. The transactions ranged from $40.19 to $40.29 per share, inclusive, and no Rule 10b5-1 plan is reported.

How many LNC shares did Sean Woodroffe hold after the sale?

Woodroffe directly held 103,296 shares after the sale. That amount includes 849 shares acquired through dividend reinvestment since his last report.

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

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^*

Woodroffe Sean

(Last)

(First)

(Middle)

150 N. RADNOR CHESTER ROAD

(Street)

RADNOR

PENNSYLVANIA

19087

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LINCOLN NATIONAL CORP [ LNC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Ch Ppl Comms Ent Srvc Off

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/06/2026		S		17,500	D	$40.24⁽¹⁾	103,296⁽²⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.19 to $40.29, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 1.

2. Includes 849 shares acquired through dividend reinvestment since the reporting person's last report.

Remarks:

	/s/ Claire H. Hanna, Attorney-in-Fact	11/09/2026
	** 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)

Source: View Original Filing on SEC EDGAR