EVP & General Counsel Sells $1.03M in Company Stock
LNC is trading near its 52-week low of $31.69 (11% above the low).
Summary
Lincoln National's EVP and General Counsel, Craig T. Beazer, sold over $1 million worth of company stock in an open market transaction.
Key Events · Ownership and Investor Activity · LNC
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Executive Sells Shares
Craig T. Beazer, EVP & General Counsel, disposed of 30,000 shares of common stock for a total value of $1,033,500.
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Open Market Transaction
The shares were sold on the open market at a weighted average price of $34.45 per share on June 5, 2026.
Analysis · LNC · Finance
This open market sale by a key executive, the EVP and General Counsel, represents a significant disposition of over $1 million in company stock. While the percentage of market cap is small for a company of Lincoln National's size, the absolute dollar value indicates a notable reduction in personal holdings by a C-suite officer. This type of insider selling, especially following recent negative earnings reports, can be interpreted as a lack of conviction in the near-term stock performance.
At the time of this filing, LNC was trading at $35.05 on NYSE in the Finance sector, with a market capitalization of approximately $6.7B. The 52-week trading range was $31.69 to $46.82. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.