Form 4: Lincoln National Corp Executive Ellen Cooper Reports Stock Transaction
SEC Form 4 Filing
Ellen Cooper, President & CEO of Lincoln National Corp, reports disposition of shares for tax withholding purposes.
Summary
- On May 7, 2024, Ellen Cooper, President & CEO of Lincoln National Corp, disposed of 962 shares of common stock to cover tax withholding upon the vesting of restricted stock units.
- The transaction price was $29.14 per share.
- Following the transaction, Cooper directly owns 333,781.99 shares of Lincoln National Corp common stock, which includes 3,251.71 shares acquired through dividend reinvestment since the last report.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock transactions are a common occurrence and are regularly reported to the SEC. This filing provides transparency into the trading activities of Lincoln National Corp's top executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related disposal of shares.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date of stock transaction (disposal of shares). |
| 05/09/2024 | Date of signature on the report. |
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