Lincoln National EVP sells 25,000 shares
Lincoln National Corp executive Sean Woodroffe sold Common Stock in an open-market transaction.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Lincoln National Corp executive Sean Woodroffe sold Common Stock in an open-market transaction. On June 1, 2026, he sold 25,000 shares at a weighted average price of $34.75 per share, with individual sale prices ranging from $34.51 to $35.21. After this sale, he directly holds 130,189 shares of Lincoln National common stock.
Insider Trade Summary
Net Seller: 25,000 shares
Net Sell
1 txn
Insider
Woodroffe Sean
Role
EVP, Ch Ppl Comms Ent Srvc Off
Sold
25,000 shs ($869K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 25,000 | $34.75 | $869K |
Holdings After Transaction:
Common Stock — 130,189 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.51 to $35.21, 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.
Key Figures
Shares sold: 25,000 shares
Weighted average sale price: $34.75 per share
Price range of sales: $34.51 to $35.21
+2 more
5 metrics
Shares sold
25,000 shares
Open-market sale on June 1, 2026
Weighted average sale price
$34.75 per share
Common Stock sale
Price range of sales
$34.51 to $35.21
Multiple transactions within this range
Shares held after transaction
130,189 shares
Direct ownership after sale
Net shares sold
25,000 shares
Net buy/sell direction: net-sell
Key Terms
weighted average price, open-market sale, Common Stock, Form 4
4 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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lincoln National (LNC) report for Sean Woodroffe?
Lincoln National reported that executive Sean Woodroffe completed an open-market sale of common stock. He sold 25,000 shares on June 1, 2026, at a weighted average price of $34.75 per share, as disclosed in the Form 4 filing.
Was Sean Woodroffe’s Lincoln National (LNC) sale an open-market transaction?
Yes. The Form 4 identifies the transaction code as “S,” described as a sale in an open market or private transaction. The transaction fields also label it explicitly as an open-market sale of Lincoln National common stock by the executive.
What does weighted average price mean in Sean Woodroffe’s Lincoln National (LNC) sale?
The weighted average price of $34.75 reflects multiple trades executed between $34.51 and $35.21. The footnote explains that shares were sold in several transactions, and detailed trade-by-trade pricing is available upon request from Lincoln National or the SEC staff.
AI-generated analysis. How Rhea-AI works. Not financial advice.
