Form 4: Lincoln National Corp Executive Jayson R Bronchetti Reports Stock Transactions

EVP and Chief Investment Officer Jayson R Bronchetti of Lincoln National Corp reports disposition of shares for tax withholding and updates beneficial ownership.

Summary

• Jayson R Bronchetti, EVP and Chief Investment Officer of Lincoln National Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 16, 2025, Bronchetti disposed of 1,203 shares of common stock at a price of $39.09 per share for tax withholding purposes related to vesting of restricted stock units.
• Following the transaction, Bronchetti directly owns 52,863.09 shares of Lincoln National Corp common stock.
• Bronchetti also indirectly owns 9,960.57 shares through the company's 401(k) plan as of February 1, 2025.
• The report includes 2,696.78 shares acquired through dividend reinvestment since the last report.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing represents routine transactions related to executive compensation and does not indicate any significant positive or negative developments.

Positives

• The reporting person continues to hold a significant number of shares in the company, indicating confidence.
• Dividend reinvestment shows a commitment to increasing ownership in the company.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• Shareholders may be interested in tracking insider transactions as an indicator of management's confidence in the company.

Key Dates