ERIC G. JOHNSON - 30 Sep 2025 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role
Director
Signature
/s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol
LNC
Transactions as of
30 Sep 2025
Transactions value $
$45,000
Form type
4
Filing time
02 Oct 2025, 16:20:31 UTC
Previous filing
02 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
JOHNSON ERIC G Director 150 N. RADNOR-CHESTER ROAD, RADNOR /s/ Claire H. Hanna, Attorney-in-Fact 02 Oct 2025 0001228946

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 Phantom Stock Unit Award $44,999 +1,116 +1.2% $40.33 92,105 30 Sep 2025 Common Stock 1,115 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock.
F2 Quarterly payment of board retainer and fees in shares of phantom stock accrued under the Deferred Compensation Plan for Non-Employee Directors (the "Plan"), which are payable solely in shares of the Company's common stock at resignation or retirement. The reporting person may transfer his/her Phantom Stock account into an alternative investment account at any time.
F3 Includes 1,097.14 shares acquired through dividend reinvestment since the reporting person's last report.