Andrew Rallis - 24 May 2025 Form 4 Insider Report for LINCOLN NATIONAL CORP (LNC)

Role: EVP, Chief Risk Officer
Signature: /s/ Claire H. Hanna, Attorney-in-Fact
Issuer symbol: LNC
Transactions as of: 24 May 2025
Net transactions value: -$171,646
Form type: 4
Filing time: 28 May 2025, 16:16:50 UTC
Previous filing: 21 Feb 2025
Next filing: 23 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Rallis Andrew	EVP, Chief Risk Officer	150 N. RADNOR CHESTER ROAD, RADNOR	/s/ Claire H. Hanna, Attorney-in-Fact	28 May 2025	0001977954

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LNC	Common Stock	Tax liability	$171,646	-5,301	-2.9%	$32.38	176,524	24 May 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Tax withholding upon vesting of restricted stock units.
F2	Reflects a correction to the number of shares reported as acquired through dividend reinvestment in certain prior periods, which due to an administrative error had been overstated by 8.40 shares in the aggregate, and includes 2,406.07 shares acquired through dividend reinvestment since the reporting person's last report.