Lincoln National (NYSE: LNC) grants new RSUs to interim finance chief

Rhea-AI Filing Summary

LINCOLN NATIONAL CORP (LNC) reported that its Interim CFO & CAO, serving as the reporting person, received equity-based compensation in the form of restricted stock units tied to LNC common stock. On August 24, 2026, the reporting person was granted 7,866 restricted stock units and a separate grant of 23,597 restricted stock units, each representing a contingent right to receive shares of LNC common stock. According to the disclosure, these restricted stock units vest on August 24, 2029. A footnote also states that the reporting person’s holdings include 653 shares acquired through dividend reinvestment since the last report.

Insider Trade Summary

Net Buyer: 31,463 shares

Net Buy 2 txns

Insider Cohen Adam M

Role Interim CFO & CAO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	7,866	$0.00	$0.00
Grant/Award	Common Stock F3	23,597	$0.00	$0.00

Holdings After Transaction: Common Stock — 71,375 shares (Direct)

Footnotes (3)

1. F1. Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on August 24, 2029.
2. F2. Includes 653 shares acquired through dividend reinvestment since the reporting person's last report.
3. F3. Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on August 24, 2029.

Key Figures

Restricted stock units granted: 7,866 units Additional restricted stock units granted: 23,597 units Vesting date: August 24, 2029 +1 more

4 metrics

Restricted stock units granted 7,866 units Grant of restricted stock units vesting on August 24, 2029

Additional restricted stock units granted 23,597 units Separate grant of restricted stock units vesting on August 24, 2029

Vesting date August 24, 2029 Vesting date for both RSU grants to the Interim CFO & CAO

Dividend reinvestment shares 653 shares Shares acquired through dividend reinvestment since the last report

Key Terms

restricted stock units, contingent right, dividend reinvestment

3 terms

restricted stock units financial

"Grant of restricted stock units representing a contingent right to receive shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

contingent right financial

"representing a contingent right to receive shares of LNC common stock"

dividend reinvestment financial

"Includes 653 shares acquired through dividend reinvestment since the reporting"

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.

FAQ

What equity awards did LNC grant to its Interim CFO & CAO on August 24, 2026?

On August 24, 2026, the Interim CFO & CAO of LNC received two grants of restricted stock units: one for 7,866 units and another for 23,597 units, each representing a contingent right to receive shares of Lincoln National Corp common stock.

When do the new restricted stock units granted by LNC (LNC) vest?

The restricted stock units granted to the Interim CFO & CAO by LNC vest on August 24, 2029, as disclosed. Both RSU grants share this same vesting date.

What is the transaction code used in this LNC Form 4 filing?

The Form 4 for LNC reports the equity grants using transaction code A, which indicates a grant, award, or other acquisition of securities rather than an open market purchase or sale.

Did the LNC Interim CFO & CAO buy or sell LNC shares on the market in this Form 4?

No market purchases or sales are reported. The Form 4 for LNC shows only acquisitions under transaction code A, representing restricted stock unit grants, not open market trades.

What does the dividend reinvestment disclosure mean in this LNC Form 4?

A footnote explains that the reporting person’s holdings include 653 LNC shares acquired through dividend reinvestment since the last report. This indicates additional shares were accumulated automatically from dividends rather than through separate purchases.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/26/2026 - 04:21 PM Accepted by SEC EDGAR 08/26/2026 - 04:21 PM Learn about SEC filing dates

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^*

Cohen Adam M

(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)
	Interim CFO & CAO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/24/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/24/2026		A		7,866(1)	A	$0	47,778(2)	D
Common Stock	08/24/2026		A		23,597(3)	A	$0	71,375	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. Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on August 24, 2029.

2. Includes 653 shares acquired through dividend reinvestment since the reporting person's last report.

3. Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on August 24, 2029.

Remarks:

	/s/ Claire H. Hanna, Attorney-in-Fact	08/26/2026
	** 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)