Lincoln National (LNC) EVP Brian Kroll receives 20,574 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kroll Brian reported acquisition or exercise transactions in this Form 4 filing.
Lincoln National Corp executive receives stock award. EVP and Head of Life & Annuities Brian Kroll was granted 20,574 restricted stock units, each representing a contingent right to receive one share of Lincoln National common stock. These units vest on February 19, 2029, increasing his directly held and award-linked stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kroll Brian
Role
EVP, Head of Life & Annuities
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 20,574 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 70,536 shares (Direct)
Footnotes (1)
- Grant of restricted stock units representing a contingent right to receive shares of LNC common stock. The restricted stock units vest on February 19, 2029. Includes 520.03 shares acquired through dividend reinvestment since the reporting person's last report.
FAQ
What did Lincoln National Corp (LNC) executive Brian Kroll report on this Form 4?
Brian Kroll reported receiving 20,574 restricted stock units in Lincoln National Corp common stock. These units are a form of equity compensation and represent a contingent right to receive shares if vesting conditions are met over time.
How many Lincoln National (LNC) restricted stock units were granted to Brian Kroll?
Brian Kroll was granted 20,574 restricted stock units tied to Lincoln National common stock. Each unit represents a potential future share, subject to vesting requirements that must be satisfied before the underlying shares are actually delivered.
When do Brian Kroll’s new Lincoln National (LNC) restricted stock units vest?
The 20,574 restricted stock units granted to Brian Kroll vest on February 19, 2029. Vesting means the units convert into actual shares of Lincoln National common stock, assuming he meets any continued service or other applicable conditions.
What do the dividend reinvestment details mean in Brian Kroll’s Lincoln National (LNC) Form 4?
The filing notes that 520.03 shares were acquired via dividend reinvestment since Brian Kroll’s last report. Dividend reinvestment automatically uses cash dividends to buy additional Lincoln National shares, gradually increasing his ownership without separate purchase transactions.