Lincoln National (LNC) EVP Brian Kroll receives 20,574 restricted stock units

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.

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

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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^*

Kroll Brian

(Last) (First) (Middle)

150 N. RADNOR CHESTER ROAD

(Street)

RADNOR 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, Head of Life & Annuities

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		A		20,574(1)	A	$0	70,536(2)	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 February 19, 2029.

2. Includes 520.03 shares acquired through dividend reinvestment since the reporting person's last report.

Remarks:

	/s/ Claire H. Hanna, Attorney-in-Fact	02/23/2026
	** 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 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.

Did Brian Kroll buy or sell any Lincoln National (LNC) shares for cash in this filing?

No cash purchase or sale occurred; the Form 4 shows an equity award. The 20,574 units were granted at a reported price of $0.0000 per share, reflecting compensation rather than an open-market or privately negotiated stock transaction.

How many Lincoln National (LNC) shares does Brian Kroll own after this reported transaction?

After the reported award, Brian Kroll’s direct common stock and related award position totals 70,536 shares. This figure includes 520.03 shares that were accumulated separately through dividend reinvestment since his previous ownership report.

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.