Lincoln National Corp: director LeFebvre Dale received 1,117.73 shares

What happened

• LeFebvre Dale, director, received 1,117.73 phantom stock units (treated as shares) on Sep 30, 2026, at a reported price of $40.26 per share, total value $45,000. Transaction code: A (award/grant).

Key details

• Transaction date and price: Sep 30, 2026 at $40.26 per share.
• Shares owned after the transaction: not disclosed in the provided filing.
• Instrument: phantom stock units; each unit equals one share of LNC common stock (footnote F1).
• Payment terms: units are accrued under the LNC Deferred Compensation Plan for Non-employee Directors and are payable solely in shares of LNC common stock at resignation or retirement; units may be transferred into an alternative investment account in the plan (footnote F2).
• Dividend reinvestment: the total includes 297.59 shares acquired through dividend reinvestment since the last report (footnote F3).
• Filing info: Form 4 filed Oct 2, 2026 (reports transaction dated Sep 30, 2026).

Why it may matter

• This was an award of phantom stock units (a derivative), not a market purchase or sale.
• The filing does not show why the insider traded or why the company acted.