Kroll Brian 4
4 · LINCOLN NATIONAL CORP · Filed Aug 19, 2025
Insider Transaction Report
Form 4
Kroll Brian
EVP, Head of Life & Annuities
Transactions
- Exercise/Conversion
Employee Stock Option (right to buy)
2025-08-15−6,780→ 0 totalExercise: $35.50From: 2017-02-24Exp: 2026-02-24→ Common Stock (6,780 underlying) - Exercise/Conversion
Common Stock
2025-08-15$35.50/sh+6,780$240,690→ 56,118.12 total - Sale
Common Stock
2025-08-15$40.87/sh−6,362$260,015→ 49,756.12 total
Footnotes (4)
- [F1]Includes 594.92 shares acquired through dividend reinvestment since the reporting person's last report.
- [F2]The transaction was a sell-to-cover exercise, with shares sold to cover the option exercise price and taxes, and the reporting person retaining the remaining shares.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.87 to $40.88, inclusive. The reporting person undertakes to provide Lincoln National Corporation, any security holder of Lincoln National Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote 2.
- [F4]The option vested in three equal installments on February 24, 2017, 2018 and 2019.