December 29, 2023 · Form 4 insider transaction
LACHMAN M LEANNE bought 1,529.48 shares of Lincoln National Corporation at $26.97 per share, a transaction worth $41.3K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 5 days after the transaction.
Each Phantom Stock Unit is the equivalent of one share of LNC Common Stock.; Quarterly payment of board retainer and fees in shares of phantom stock accrued under the Deferred Compensation Plan for Non-Employee Directors (the "Plan"), which are payable solely in shares of the Company's common stock at resignation or retirement. The reporting person may transfer his/her Phantom Stock account into an alternative investment account at any time.; Includes 484.49 shares acquired through dividend reinvestment since the reporting person's last report.