LINCOLN NATIONAL (NYSE: LNC) EVP Chesney reports 22,408 shares and RSU awards
Rhea-AI Filing Summary
LINCOLN NATIONAL CORP executive Curtis W. Chesney, EVP and President of Annuities, has filed a Form 3 showing beneficial ownership of 22,408 shares of Common Stock held directly. This amount includes restricted stock units that vest in tranches through February 2027, February 2028, February 2029, and May 2029.
The holdings include 4,399 RSUs vesting on February 21, 2027, 6,452 RSUs vesting on February 19, 2028, 3,958 RSUs vesting on February 19, 2029, and 6,962 RSUs vesting on May 28, 2029, highlighting a multi-year equity compensation schedule tied to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chesney Curtis W.
Role
EVP, President of Annuities
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,408 shares (Direct)
Footnotes (1)
- F1. Includes 4,399 restricted stock units ("RSUs") that vest on February 21, 2027, 6,452 RSUs that vest on February 19, 2028, 3,958 RSUs that vest on February 19, 2029, and 6,962 RSUs that vest on May 28, 2029.
Key Figures
Total beneficial ownership: 22,408 shares
RSUs vesting Feb 21, 2027: 4,399 RSUs
RSUs vesting Feb 19, 2028: 6,452 RSUs
+2 more
5 metrics
Total beneficial ownership
22,408 shares
Common Stock held directly following reported holdings
RSUs vesting Feb 21, 2027
4,399 RSUs
Restricted stock units vesting on February 21, 2027
RSUs vesting Feb 19, 2028
6,452 RSUs
Restricted stock units vesting on February 19, 2028
RSUs vesting Feb 19, 2029
3,958 RSUs
Restricted stock units vesting on February 19, 2029
RSUs vesting May 28, 2029
6,962 RSUs
Restricted stock units vesting on May 28, 2029
Key Terms
Common Stock, restricted stock units ("RSUs"), Form 3
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
restricted stock units ("RSUs") financial
"Includes 4,399 restricted stock units ("RSUs") that vest on February 21, 2027"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Curtis W. Chesney report owning in LINCOLN NATIONAL CORP (LNC) on this Form 3?
Curtis W. Chesney reports beneficial ownership of 22,408 shares of LINCOLN NATIONAL CORP Common Stock. This total includes time-vested restricted stock units scheduled to vest between February 2027 and May 2029, reflecting his equity-based compensation as an executive.
How many LINCOLN NATIONAL CORP restricted stock units does Chesney hold and when do they vest?
Chesney holds 4,399 RSUs vesting February 21, 2027; 6,452 vesting February 19, 2028; 3,958 vesting February 19, 2029; and 6,962 vesting May 28, 2029. These grants create a staggered, multi-year incentive structure tied to his ongoing role.
Is Curtis W. Chesney’s LINCOLN NATIONAL CORP ownership on this Form 3 direct or indirect?
The Form 3 shows Curtis W. Chesney’s 22,408-share LINCOLN NATIONAL CORP position as direct ownership. The nature of ownership is listed as direct, and the reported restricted stock units are part of his personal executive equity awards.
Does this LINCOLN NATIONAL CORP Form 3 show any recent stock purchases or sales by Chesney?
This Form 3 reflects Chesney’s beneficial holdings rather than new purchases or sales. The transaction is categorized as a holding entry, with no buy or sell codes indicated, focusing solely on his existing Common Stock and restricted stock unit position.