Sean Woodroffe - Aug 15, 2025 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
EVP, Ch Ppl Culture Comms Off
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Stock symbol
LNC
Transactions as of
Aug 15, 2025
Transactions value $
-$319,562
Form type
4
Date filed
8/19/2025, 04:17 PM
Previous filing
May 28, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Woodroffe Sean EVP, Ch Ppl Culture Comms Off 150 N. RADNOR CHESTER ROAD, RADNOR /s/ Claire H. Hanna, Attorney-in-Fact 2025-08-19 0001976057

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNC Common Stock Options Exercise $342K +16.2K +10.36% $21.13 172K Aug 15, 2025 Direct F1
transaction LNC Common Stock Sale -$661K -16.2K -9.39% $40.90 156K Aug 15, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LNC Employee Stock Option (right to buy) Options Exercise $0 -16.2K -50% $0.00 16.2K Aug 15, 2025 Common Stock 16.2K $21.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,880.83 shares acquired through dividend reinvestment since the reporting person's last report.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.89 to $40.93, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2.
F3 The option vests in three equal installments on May 24, 2024, 2025 and 2026.