Lincoln Financial Investments Corp 4
4 · Lincoln Bain Capital Total Credit Fund · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
LNBIX 10% Owner Lincoln Financial Investments Corp Buys $25M
What Happened Lincoln Financial Investments Corp, identified as a 10% owner, purchased 2,448,579.82 shares of Lincoln Bain Capital Total Credit Fund (LNBIX) on 2026-05-14. The shares were acquired at $10.21 per share for a total reported value of $25,000,000. This transaction is a purchase (code P), which is a direct acquisition rather than a sale or option exercise.
Key Details
- Transaction date and price: 2026-05-14 at $10.21 per share (open market or private purchase, code P).
- Shares acquired: 2,448,579.82; Total value: $25,000,000.
- Shares owned after transaction: Not specified in the provided filing details.
- Filing date/timeliness: Form 4 filed 2026-05-18 — appears filed within the required reporting window.
- Footnotes:
- F1: The reported shares are owned directly by certain series of the Lincoln Variable Insurance Products Trust; Lincoln Financial Investments Corp is the investment adviser to those series and “may be deemed” to have beneficial ownership.
- F2: Includes shares received under the issuer’s dividend reinvestment plan.
Context This was an institutional purchase by a 10% owner/adviser entity, not an individual executive—so treat it as institutional activity rather than insider sentiment from company management. Purchases can be informative to investors, but this filing is factual and does not explain motivations.
Insider Transaction Report
- Purchase
Class I shares of beneficial interest
[F1][F2]2026-05-14$10.21/sh+2,448,579.82$25,000,000→ 19,954,569.64 total(indirect: See Footnote)
Footnotes (2)
- [F1]These shares are owned directly by certain series of the Lincoln Variable Insurance Products Trust (the "Trust"), an investment company registered with the U.S. Securities and Exchange Commission under the Investment Company Act of 1940, as amended. Lincoln Financial Investments Corporation, a registered investment adviser under the Investment Advisers Act of 1940, as amended, serves as the investmnt adviser to each such series of the Trust, and may be deemed to have beneficial ownership of the shares reported herein.
- [F2]Includes shares received pursuant to the Issuer's dividend reinvestment plan.