Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock. | Quarterly payment of board retainer and fees in shares of phantom stock accrued under the LNC Deferred Compensation Plan for Non-employee Directors (the "Directors' DCP") in the LNC Stock Fund investment account, 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 Director's DCP at any time. | Quarterly payment of board retainer and fees in shares of phantom stock accrued under the LNC Deferred Compensation Plan for Non-employee Directors (the "Directors' DCP") in the LNC Stock Fund investment account, 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 Director's DCP at any time. | Includes 486.60 shares acquired through dividend reinvestment since the reporting person's last report.
Post-Transaction Holdings
LACHMAN M LEANNE
Security
Shares
Change
Phantom Stock Unit
42.34K
+1.27K (3.10%)
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-06-30
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: LINCOLN NATIONAL CORP (LNC)
CIK: 0000059558
--- Reporting Owner ---
Name: LACHMAN M LEANNE
CIK: 0001078564
Role: Director
--- Derivative Transactions ---
[Transaction #1]
Security: Phantom Stock Unit
Date: 2026-06-30 | Code: A (Grant or award)
Shares: +1,272.98 | Price: $35.35
Shares Owned After: 42,341.07 | Ownership: D (Direct)
Footnotes:
[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 LNC Deferred Compensation Plan for Non-employee Directors (the "Directors' DCP") in the LNC Stock Fund investment account, 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 Director's DCP at any time.
[F2] Quarterly payment of board retainer and fees in shares of phantom stock accrued under the LNC Deferred Compensation Plan for Non-employee Directors (the "Directors' DCP") in the LNC Stock Fund investment account, 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 Director's DCP at any time.
[F3] Includes 486.60 shares acquired through dividend reinvestment since the reporting person's last report.
--- Footnotes (Complete Index) ---
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 LNC Deferred Compensation Plan for Non-employee Directors (the "Directors' DCP") in the LNC Stock Fund investment account, 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 Director's DCP at any time.
F3: Includes 486.60 shares acquired through dividend reinvestment since the reporting person's last report.
--- Signature ---
/s/ /s/ Claire H. Hanna, Attorney-in-Fact (2026-07-02)
