Form 4: Lincoln National Corp Executive John Christopher Kennedy Reports Stock Transactions

EVP John Christopher Kennedy reports disposition of Lincoln National Corp stock to cover tax obligations and updates holdings in 401(k).

Summary

• John Christopher Kennedy, an EVP at Lincoln National Corp, reported a transaction involving the company's common stock on May 7, 2024.
• The transaction involved the disposition of 3,515 shares to cover tax withholding upon the vesting of restricted stock units at a price of $29.14.
• Following the transaction, Kennedy directly owns 100,067.58 shares of common stock.
• Kennedy also indirectly owns 7,191.09 shares through the company's 401(k) plan as of May 1, 2024.
• The report also notes that 1,587.85 shares were acquired through dividend reinvestment since the last report.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice among publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive stock ownership.

Key Dates