Kroll Brian 4

What Happened

• Brian Kroll, EVP and Head of Life & Annuities at Lincoln National Corporation (LNC), was granted 20,574 restricted stock units (RSUs) on 2026-02-19. The award is recorded at $0.00 (no cash paid) and the RSUs vest on February 19, 2029 (Footnote F1). The filing also notes 520.03 shares were acquired through dividend reinvestment since the last report (Footnote F2).

Key Details

• Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-23).
• Type: Award/Grant of RSUs (code A); reported amount: 20,574 RSUs at $0.00.
• Vesting: RSUs vest on 2029-02-19 (per filing).
• Dividend reinvestment: 520.03 shares included since last report (F2).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 was filed 2026-02-23 — appears to be timely (within the two-business-day window).

Context

• RSUs are contingent awards entitling the holder to receive shares upon vesting; they do not represent immediate transfer of shares or sale proceeds. This grant is a compensation award rather than an open-market purchase or sale, so it should be viewed as part of executive pay rather than a direct market-timing signal.