Lincoln National (NYSE: LNC) EVP sells 3,050 shares in market trade

Rhea-AI Filing Summary

Lincoln National Corp executive James Waltman, EVP of Workplace Solutions, reported an open-market sale of common stock. He sold 3,050 shares at a price of $41.81 per share. After this transaction, he directly owns 118,567 shares of Lincoln National common stock.

Insider Trade Summary

Net Seller: 3,050 shares ($127,521)

Net Sell 1 txn

Insider Reid James Waltman

Role EVP Workplace Solutions

Sold 3,050 shs ($128K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,050	$41.81	$128K

Holdings After Transaction: Common Stock — 118,567 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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^*

Reid James Waltman

(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 Workplace Solutions

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		S		3,050	D	$41.81	118,567	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:

Remarks:

	/s/ Claire H. Hanna, Attorney-in-Fact	02/19/2026
	** 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 James Waltman report at Lincoln National (LNC)?

James Waltman, EVP Workplace Solutions at Lincoln National, reported an open-market sale of common stock. He sold 3,050 shares of Lincoln National common stock in a single transaction, as disclosed in a Form 4 insider trading report.

How many Lincoln National (LNC) shares did James Waltman sell and at what price?

James Waltman sold 3,050 shares of Lincoln National common stock at a price of $41.81 per share. This was an open-market sale reported as a Form 4 transaction, classified under the code “S” for sale.

How many Lincoln National (LNC) shares does James Waltman hold after the sale?

After the reported sale, James Waltman directly holds 118,567 shares of Lincoln National common stock. This post-transaction balance reflects his remaining direct ownership following the 3,050-share open-market sale disclosed in the Form 4 filing.

What is James Waltman’s role at Lincoln National (LNC) in this insider filing?

In this insider filing, James Waltman is identified as an officer of Lincoln National with the title EVP Workplace Solutions. The Form 4 shows his personal trading activity in the company’s common stock through a reported open-market sale.

What transaction code is used for James Waltman’s Lincoln National (LNC) trade?

The transaction uses code “S,” which indicates a sale in an open market or private transaction. The Form 4 further describes it as an open-market sale of Lincoln National common stock by James Waltman on the reported date.