Form 4: Lincoln National Corp Executive Ellen Cooper Reports Stock Disposal for Tax Obligations

Ellen Cooper, President & CEO of Lincoln National Corp, disposed of 3,824 shares of common stock on February 16, 2025, to cover tax withholding obligations upon vesting of restricted stock units.

Summary

• On February 16, 2025, Ellen Cooper, President & CEO of Lincoln National Corp, disposed of 3,824 shares of common stock.
• The transaction was executed at a price of $39.09 per share.
• This disposal was related to tax withholding requirements upon the vesting of restricted stock units.
• Following the transaction, Cooper directly owns 338,089.7 shares of Lincoln National Corp.
• This amount includes 8,131.71 shares acquired through dividend reinvestment since the last report.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Ellen Cooper, transact in their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares for tax purposes.

Key Dates