LNBIX: 10% owner Lincoln Financial Investments Corp bought 2,477,700.69 shares

What happened The filing says Lincoln Financial Investments Corp, identified as a 10% owner, purchased 2,477,700.69 shares at $10.09 per share on Oct 15, 2026, for a total of $25,000,000. The transaction is reported as an open market or private purchase (code P).

Key details

• Transaction date and price: Oct 15, 2026 — purchase at $10.09 per share; total consideration $25,000,000.
• Transaction code: P (purchase).
• Shares owned after the transaction: not disclosed in the filing.
• Footnotes: the filing says the shares are owned directly by certain series of the Lincoln Variable Insurance Products Trust and that Lincoln Financial Investments Corp, as adviser to those series, may be deemed to have beneficial ownership (Footnote F1). The filing also says the total includes shares received pursuant to the issuer's dividend reinvestment plan (Footnote F2).
• Filing date: Oct 19, 2026. The filing does not indicate that it was late.

Why it may matter

• This filing involves a 10% owner (a large holder), not an executive.
• The filing reports a purchase and notes inclusion of dividend reinvestment plan shares.
• The filing does not show why the insider traded or why the company acted.