Morriss John G 4

What Happened John G. Morriss, Executive Vice President and Chief Investment Officer of Lincoln National Corporation (LNC), received a grant of 13,716 restricted stock units (RSUs) on February 19, 2026. The RSUs were reported at $0.00 (typical for a grant — no cash purchase) and are a contingent right to receive shares of LNC common stock upon vesting on February 19, 2029. This is a compensation award rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-19; Filing date (Form 4): 2026-02-23 (filed within the two‑business‑day window).
• Reported grant: 13,716 RSUs; grant price shown as $0.00.
• Vesting: RSUs vest on February 19, 2029 (footnote F1).
• Additional note: Filing includes 145 shares acquired via dividend reinvestment since the last report (footnote F2).
• Shares owned after the transaction: not specified in the summary provided.
• Transaction code: A = Award/Grant (non‑purchase compensation).

Context RSUs are a form of equity compensation that convert into actual shares only if and when they vest; they do not represent immediate share sales or cash proceeds. Such grants are common for executive compensation and do not by themselves indicate the insider is buying or selling stock for personal investment reasons. Tax withholding and share delivery typically occur at vesting.