LINCOLN NATIONAL CORP: director Cunningham William H Dr received 1,490.31 shares

What happened Cunningham William H Dr, a director, received 1,490.31 phantom stock units (derivative) on Sep 30, 2026, at $40.26 per unit, for a total reported value of $60,000. The units are treated as the equivalent of one share of LNC common stock and are part of the directors' deferred compensation plan.

Key details

• Transaction date and type: Sep 30, 2026 — grant/award (code A) of 1,490.31 phantom stock units at $40.26 per unit; total $60,000.
• Shares owned after the transaction: not stated in the provided filing summary.
• Relevant footnotes: F1 — each phantom stock unit equals one share of LNC common stock; F2 — units accrued under the LNC Deferred Compensation Plan for Non-employee Directors and payable solely in shares at resignation or retirement; F3 — includes 1,936.98 shares acquired through dividend reinvestment since the reporting person's last report.
• Filing date: Oct 2, 2026.

Why it may matter This transaction was a grant of phantom stock units under a deferred compensation plan, which are not a market purchase or sale and are payable in shares only upon resignation or retirement. This filing does not show why the insider traded or why the company acted.