Lincoln National CFO reports tax-withholding stock move
LINCOLN NATIONAL CORP executive Christopher M. Neczypor (EVP & CFO) reported a Form 4 transaction involving company common stock.
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Form Type
4
Rhea-AI Filing Summary
LINCOLN NATIONAL CORP executive Christopher M. Neczypor (EVP & CFO) reported a Form 4 transaction involving company common stock. On August 9, 2026, 2,464 shares were withheld at $46.03 per share to satisfy tax obligations upon the vesting of a restricted stock unit award granted on August 9, 2023. Following this tax-withholding disposition, he directly holds 194,705 shares of common stock, which includes 3,087 shares acquired through dividend reinvestment since his prior report.
Insider Trade Summary
Tax Withholding: 2,464 shares
Tax Withholding
1 txn
Insider
Neczypor Christopher M
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1, F2 | 2,464 | $46.03 | $113K |
Holdings After Transaction:
Common Stock — 194,705 shares (Direct)
Footnotes (2)
- F1. Tax withholding upon vesting of restricted stock unit award granted on August 9, 2023.
- F2. Includes 3,087 shares acquired through dividend reinvestment since the reporting person's last report.
Key Figures
Shares withheld for taxes: 2,464 shares
Per-share value for withholding: $46.03 per share
Shares held after transaction: 194,705 shares
+2 more
5 metrics
Shares withheld for taxes
2,464 shares
Tax withholding upon vesting of restricted stock unit award on August 9, 2026
Per-share value for withholding
$46.03 per share
Value applied to 2,464 shares withheld for tax liability
Shares held after transaction
194,705 shares
Direct common stock holdings of CFO following tax-withholding disposition
Dividend reinvestment shares
3,087 shares
Portion of post-transaction holdings acquired via dividend reinvestment since last report
Exercise price or tax-liability shares
2,464 shares
Code F transaction counted as payment of tax liability with shares
Key Terms
restricted stock unit, dividend reinvestment, tax withholding, Rule 10b5-1
4 terms
restricted stock unit financial
"Tax withholding upon vesting of restricted stock unit award granted on August 9, 2023"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend reinvestment financial
"Includes 3,087 shares acquired through dividend reinvestment since the reporting person's last report"
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.
tax withholding financial
"Tax withholding upon vesting of restricted stock unit award granted on August 9, 2023"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did LNC EVP & CFO Christopher Neczypor report in this Form 4?
Christopher M. Neczypor reported a tax-withholding disposition of 2,464 shares of LINCOLN NATIONAL CORP common stock on August 9, 2026, tied to the vesting of a restricted stock unit award granted on August 9, 2023.
Was the LNC Form 4 transaction by Christopher Neczypor an open-market sale?
No. The Form 4 shows shares were withheld for tax liabilities upon RSU vesting, coded as transaction type F, rather than an open-market sale, at a reported value of $46.03 per share for 2,464 shares.
Was the LNC CFO’s Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes describe the activity as tax withholding upon RSU vesting, not as trading under a pre-arranged sale plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
