CUNNINGHAM WILLIAM H DR 4
4 · LINCOLN NATIONAL CORP · Filed Jan 5, 2026
Insider Transaction Report
Form 4
CUNNINGHAM WILLIAM H DR
Director
Transactions
- Award
Phantom Stock Unit
2025-12-31$44.53/sh+1,347.41$60,000→ 190,648.22 total→ Common Stock (1,347.41 underlying)
Footnotes (3)
- [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 Deferred Compensation Plan for Non-Employee Directors (the "Plan"), which are payable solely in shares of the Company's common stock at resignation or retirement. The reporting person may transfer his/her Phantom Stock account into an alternative investment account at any time.
- [F3]Includes 2,075.15 shares acquired through dividend reinvestment since the reporting person's last report.