Form 4: Neczypor Christopher M reports disposition transactions in LNC

Rhea-AI Filing Summary

Neczypor Christopher M reported disposition transactions in a Form 4 filing for LNC. The filing lists transactions totaling 5,162 shares at a weighted average price of $40.88 per share. Following the reported transactions, holdings were 123,979 shares.

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

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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^*

Neczypor Christopher M

(Last) (First) (Middle)

150 N. RADNOR CHESTER ROAD

(Street)

RADNOR PA 19087

(City) (State) (Zip)

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 & CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/15/2026		F		5,162(1)	D	$40.88	123,979(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Tax withholding upon vesting of restricted stock units.

2. Includes 1,244.64 shares acquired through dividend reinvestment since the reporting person's last report.

Remarks:

	/s/ Claire H. Hanna, Attorney-in-Fact	02/17/2026
	** 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.

FAQ

What insider transaction did LNC EVP & CFO Christopher Neczypor report?

Christopher M. Neczypor reported a tax-withholding disposition of 5,162 Lincoln National common shares. The shares were withheld on February 15, 2026 to satisfy tax obligations upon vesting of restricted stock units, rather than sold in an open-market transaction.

What does transaction code F mean in the LNC Form 4 filing?

Transaction code F indicates shares were used to pay an exercise price or tax liability. In this case, 5,162 Lincoln National shares were withheld at $40.88 each to cover taxes when restricted stock units vested for the EVP & CFO.

How many Lincoln National (LNC) shares does the EVP & CFO own after this Form 4?

After the reported transaction, the EVP & CFO beneficially owned 123,979 Lincoln National common shares directly. This total includes 1,244.64 shares that were accumulated through dividend reinvestment since his prior ownership report was filed.

Was the LNC insider transaction an open-market sale of shares?

The transaction was not an open-market sale. The Form 4 describes a tax-withholding disposition, where 5,162 shares were withheld by the issuer at $40.88 each to satisfy tax obligations triggered by restricted stock unit vesting.

What role does dividend reinvestment play in the LNC insider’s share total?

Dividend reinvestment increased the EVP & CFO’s holdings. The Form 4 notes that 1,244.64 of his 123,979 directly owned shares were acquired through automatic dividend reinvestment since his last report, reflecting ongoing accumulation from paid dividends.