Brown Robert Todd 4

What Happened

• Robert T. Brown, CEO of Lincoln International, received multiple equity awards reported on Form 4 related to the company’s IPO and corporate reorganization. Reported grants include 657,800 shares, 7,792,200 shares/units tied to the reorganization, a 350,000 restricted stock unit (RSU) award, and several derivative awards (stock options/other contingent awards) reported on 2026-05-19 and 2026-05-21. Several items were reported with a $0.00 acquisition price (RSUs and some derivative awards).

Key Details

• Transaction dates and amounts:
  • 2026-05-19: 657,800 shares (acquisition; reported per Rule 16a-2(a))
  • 2026-05-19: 7,792,200 shares/units acquired in connection with the reorganization (see F2)
  • 2026-05-21: 350,000 RSUs @ $0.00 (each RSU converts to one share on vesting) (F3)
  • 2026-05-19: Multiple derivative/award entries (325,000 and several 16,250 lots, and additional 7,792,200 reported as derivative) reported as grants
• Prices/values: Several grants were reported at $0.00 (RSUs and some derivative awards); other items show N/A for price in the filing.
• Vesting and conversion notes:
  • RSUs vest in two substantially equal installments on the 3rd and 4th anniversaries of May 21, 2026 (i.e., May 21, 2029 and May 21, 2030) (F3).
  • Stock options/derivative awards vest in full on Jan 1 of 2027, 2028, 2029 and 2030 as noted (F5–F8).
  • Common units of Lincoln International, LP may be redeemed 1-for-1 into Class A Common Stock; a corresponding number of Class C shares will be forfeited upon redemption (F4).
• Footnotes and special reporting:
  • The filings note these transactions occurred prior to the issuer’s registration of a class of equity securities and are reported pursuant to Rule 16a-2(a) (F1).
  • The 7,792,200 amount reflects a mix of Class A common stock, Common Units and corresponding Class C common stock resulting from the reorganization (F2).
• Shares owned after transaction: Not specified in the supplied summary of the filing.
• Filing timing: Form 4 was filed 2026-05-26 for transactions with period of report 2026-05-19. The filing notes the transactions were pre-registration and reported under Rule 16a-2(a) (see F1).

Context

• These are mostly award/grant transactions (code A) tied to the company’s IPO and reorganization, not open-market purchases or sales. RSUs are contingent rights to receive shares on vesting; the stock option grants have multi-year vesting dates. Such awards are common in IPO/reorg situations and reflect equity compensation rather than immediate market trading.