{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-23-007230","form_type":"8-K","ticker":"LNC","cik":"0000059558","company_name":"LINCOLN NATIONAL CORP","filed_at":"2023-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.911371+00:00","generated_at":"2026-06-15T03:00:42.134959+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"confidence":"high","headline":"LNC reduces CEO change-of-control severance multiple from 3.0 to 2.99; removes automatic good reason clause","bullets":["CEO cash severance capped at 2.99x base salary plus target bonus, down from 3.0x.","Provision allowing CEO to trigger 'good reason' for any termination in 2-year post-change-of-control window removed.","Amendment effective May 12, 2023, adopted by Executive Committee of Board.","No changes to severance multipliers for other executives (remain at 2.0x)."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-23-007230","json":"https://secwatch.observer/filing/0001564590-23-007230.json","markdown":"https://secwatch.observer/filing/0001564590-23-007230.md","text":"https://secwatch.observer/filing/0001564590-23-007230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/59558/000156459023007230/0001564590-23-007230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/59558/000156459023007230/lnc-8k_20230512.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T03:00:42.134959+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}