Gary C. Kelly - 13 Feb 2026 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
13 Feb 2026
Net transactions value
+$1,450,218
Form type
4
Filing time
17 Feb 2026, 16:18:15 UTC
Previous filing
05 Jan 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
KELLY GARY C Director 150. N. RADNOR-CHESTER ROAD, RADNOR /s/ Claire H. Hanna, Attorney-in-Fact 17 Feb 2026 0001027716

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 Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $1,450,218 +35,475 +48% $40.88 109,502 13 Feb 2026 Common Stock 35,475 Direct F1, F2
* 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. Represents phantom stock units held in the LNC Stock Fund investment account in the LNC Deferred Compensation Plan for Non-employee Directors (the "Directors' DCP"), which are payable solely in shares of LNC Common Stock at resignation or retirement. The reporting person may transfer his/her phantom stock unit holdings into an alternative investment account in the Directors' DCP at any time.
F2 Includes 777.41 shares acquired through dividend reinvestment since the reporting person's last report.