LINCOLN NATIONAL CORP (LNC) · Initial Holdings (Form 3) SEC Filing

=== SEC Form 3 — Statement of Changes in Beneficial Ownership === Document Type: 3 Period of Report: 2026-06-01 --- Issuer --- Name: LINCOLN NATIONAL CORP (LNC) CIK: 0000059558 --- Reporting Owner --- Name: Spurr Paul P. CIK: 0002136627 Role: Officer (EVP, CRO & CA) --- Holdings --- [Holding #1] Security: Common Stock Ownership: D (Direct) Footnotes: [F1] Includes 6,604 restricted stock units ("RSUs") that vest on February 21, 2027, 6,885 RSUs that vest on February 19, 2028, 4,246 RSUs that vest on February 19, 2029, and 5,267 RSUs that vest on May 28, 2029. [Holding #2] Security: Common Stock Ownership: I (Indirect) Footnotes: [F2] Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 6/1/2026. [Holding #3] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F3] The option vested in three equal installments on February 22, 2018, 2019 and 2020. [Holding #4] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F4] The option vested in three equal installments on February 21, 2019. 2020 and 2021. [Holding #5] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F5] The option vested in three equal installments on February 27, 2020, 2021 and 2022. [Holding #6] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F6] The option vested in three equal installments on February 19, 2021, 2022 and 2023. [Holding #7] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F7] The option vested in three equal installments on February 17, 2022, 2023 and 2024. [Holding #8] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F8] The option vested in three equal installments on February 16, 2023, 2024 and 2025. [Holding #9] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F9] The option vested in full on December 5, 2025. [Holding #10] Security: Employee Stock Option (Right to Buy) Ownership: D (Direct) Footnotes: [F10] The option vested in three equal installments on February 15, 2024, 2025 and 2026. --- Footnotes (Complete Index) --- F1: Includes 6,604 restricted stock units ("RSUs") that vest on February 21, 2027, 6,885 RSUs that vest on February 19, 2028, 4,246 RSUs that vest on February 19, 2029, and 5,267 RSUs that vest on May 28, 2029. F10: The option vested in three equal installments on February 15, 2024, 2025 and 2026. F2: Represents the number of shares of common stock beneficially owned through the Company's 401(k) Plan as of 6/1/2026. F3: The option vested in three equal installments on February 22, 2018, 2019 and 2020. F4: The option vested in three equal installments on February 21, 2019. 2020 and 2021. F5: The option vested in three equal installments on February 27, 2020, 2021 and 2022. F6: The option vested in three equal installments on February 19, 2021, 2022 and 2023. F7: The option vested in three equal installments on February 17, 2022, 2023 and 2024. F8: The option vested in three equal installments on February 16, 2023, 2024 and 2025. F9: The option vested in full on December 5, 2025. --- Signature --- /s/ /s/ Claire H. Hanna, Attorney-in-Fact (2026-06-04)