{"schema_version":"secwatch.filing_event.v1","accession":"0000059558-23-000029","form_type":"8-K","ticker":"LNC","cik":"0000059558","company_name":"LINCOLN NATIONAL CORP","filed_at":"2023-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.911166+00:00","generated_at":"2026-06-15T10:44:54.961649+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lincoln Financial Q1 net loss ($5.37)/share; adjusted EPS $1.52; $28B reinsurance with Fortitude Re","bullets":["Net loss available to common stockholders of $(909)M ($5.37/diluted share) vs $1,481M ($8.39) in prior year.","Adjusted operating income of $260M ($1.52/share) vs $273M ($1.55); revenues fell 19% to $3.8B.","Annuities income down 14% to $274M; Life Insurance posted a $13M operating loss; Group Protection swung to $71M income.","Announced $28B block reinsurance transaction with Fortitude Re to bolster capital and balance sheet.","Average diluted share count down 3% YoY to 170.5M; book value per share (ex-AOCI) fell 12% to $56.04."],"urls":{"canonical":"https://secwatch.observer/filing/0000059558-23-000029","json":"https://secwatch.observer/filing/0000059558-23-000029.json","markdown":"https://secwatch.observer/filing/0000059558-23-000029.md","text":"https://secwatch.observer/filing/0000059558-23-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/59558/000005955823000029/0000059558-23-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/59558/000005955823000029/lnc-20230509x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T10:44:54.961649+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1d322bded5b8ca3196400f0e168ad63ee9526de7","claim":"LINCOLN NATIONAL CORP reported first quarter of 2023 results: net income net loss available to common stockholders for the first quarter of 2023 of $(909) million, EPS $(5.37) per diluted share.","evidence_excerpt":"Lincoln Financial Group (NYSE: LNC) today reported a net loss available to common stockholders for the first quarter of 2023 of $(909) million, or $(5.37) per diluted share, compared to net income available to common stockholders in the first quarter of 2022 of $1,481 million, or $8.39 per diluted share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/59558/000005955823000029/0000059558-23-000029-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter of 2023"},{"label":"Net income","value":"net loss available to common stockholders for the first quarter of 2023 of $(909) million"},{"label":"EPS","value":"$(5.37) per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}