secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN NATIONAL CORP (LNC)
CIK:        0000059558
Form:       8-K
Filed at:   2021-08-23T23:59:59+00:00
Accession:  0001564590-21-045345
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Financial elects two new directors, expands board to 13
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- Dale LeFebvre (founder/chairman of 3.5.7.11 private equity) and Janet Liang (EVP at Kaiser Permanente) elected to board effective Nov 1, 2021.
- Board size increased from 11 to 13 via bylaw amendment approved August 19, 2021.
- New directors to receive pro-rated annual retainer of $275,000 ($165,000 in deferred stock units).
- Both directors determined independent under NYSE standards; terms end at 2022 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59558/000156459021045345/0001564590-21-045345-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59558/000156459021045345/lnc-8k_20210819.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-045345

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer