Heidloff Theodore J. 4

What Happened

• Theodore J. Heidloff, CFO of Lincoln International, received multiple equity grants on May 19, 2026 (including a large 341,250-unit grant plus several smaller derivative awards and option-related grants) and additional reported acquisitions on May 21, 2026 (25,000 shares reported at $0.00). On May 21, 2026 he also had 34,124 shares disposed to the issuer at $20.00 per share for proceeds of $682,480 (reported as a derivative disposition). Most transactions are awards/acquisitions (code A); the 34,124-share transfer is a disposition (code D).

Key Details

• Transaction dates & prices:
  • 2026-05-19: Multiple grants/awards (including 341,250 units and several derivative awards/options) — price N/A or $0.00 as reported.
  • 2026-05-21: Acquisition of 25,000 shares at $0.00; Disposition to issuer of 34,124 shares at $20.00 for $682,480 (derivative).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Notable footnotes: Transactions relate to IPO/reorganization activity (F1, F2); some awards are RSUs that vest in two equal installments on the 3rd and 4th anniversaries of May 21, 2026 (F3); common units are redeemable 1-for-1 for Class A shares (F5); cancellation/forfeiture mechanics are noted (F4). Several option grants have future vesting dates (2027–2030) per footnotes (F7–F11).
• Timeliness: The Form 4 was filed on 2026-05-26 for transactions dated 2026-05-19 and 2026-05-21 — the filing appears to have been submitted after the transaction dates.

Context

• These entries are largely award/grant transactions tied to the issuer’s IPO and corporate reorganization rather than open-market purchases, so they represent compensation/structural changes more than an independent buy signal. The 34,124-share disposition to the issuer (reported as a derivative) indicates shares were returned/transferred to the company (often related to cancellation, conversion or tax withholding in IPO/reorg contexts) — see footnotes F4 and F5 for related mechanics. RSUs and option grants carry multi-year vesting schedules, so future ownership is contingent on vesting.