Form 4: Lincoln National Corp EVP & CFO Christopher M. Neczypor Reports Stock Disposal for Tax Withholding
SEC Form 4
Christopher M. Neczypor, EVP & CFO of Lincoln National Corp, reported disposing of 711 shares of common stock on February 16, 2025, for tax withholding purposes.
Summary
- On February 16, 2025, Christopher M. Neczypor, the EVP & CFO of Lincoln National Corp (LNC), disposed of 711 shares of common stock.
- The transaction was executed at a price of $39.09 per share.
- This disposal was related to tax withholding upon the vesting of restricted stock units.
- Following the transaction, Neczypor beneficially owns 86,886.64 shares of Lincoln National Corp common stock, which includes 4,466.71 shares acquired through dividend reinvestment since the last report.
Sentiment
Score: 7
Explanation: The sentiment is neutral as it reflects a routine transaction for tax purposes. There is no indication of positive or negative sentiment towards the company.
Industry Context
This is a routine disclosure related to executive stock transactions and is typical for publicly traded companies. It doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine stock disposal for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/16/2025 | Date of stock disposal transaction |
| 02/18/2025 | Date of signature by Attorney-in-Fact |
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