LNC LINCOLN NATIONAL CORP

CIK 0000059558 50 ready 8-Ks latest June 29, 2026, 4:17 PM ET RSS · JSON

Activity: NORMAL 1 filings / 30d vs 1 baseline

Ready 8-Ks 50

Latest filing June 29, 2026, 4:17 PM ET

Top materiality 0.90

Event mix earnings ×17 · other_material ×13 · leadership ×8

Sentiment 9 pos · 8 neg · 33 neu

Latest earnings reported 2026-Q1

Executive change recent →

Recent 8-K filings for LNC

Highest-materiality recent filing

Lincoln National Q4 net loss $1.2B / $7.35 EPS; adj op income $246M; RBC ratio 400-410%

February 8, 2024, 6:59 PM ET earnings materiality 0.90 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

Net loss available to common stockholders $(1.2B) ($7.35/diluted share); adjusted operating income $246M ($1.45/share).
Year-end RBC ratio expected 400-410%, up from 375-385% at Q3 2023, above 400% target.

Read filing →

June 29, 2026, 4:17 PM ET debt materiality 0.55 neutral item 8.01 item 9.01

Lincoln National issues $500M 6.800% subordinated notes due 2056; may redeem preferred stock

$500M aggregate principal of 6.800% Fixed-to-Fixed Reset Rate Subordinated Notes due 2056 issued June 29, 2026.
June 1, 2026, 8:00 AM ET other material materiality 0.15 neutral item 5.07 ◈ Shareholder Votes ×4

Lincoln National shareholders elect all 10 directors, approve say-on-pay, reject board chair proposal

All 10 director nominees elected; top vote-getter James Morris received 141,173,189 votes for.
May 7, 2026, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Lincoln Financial Q1: adj. operating EPS $1.66, net loss $1.10; Group Protection record

Net loss available to common stockholders $(211)M ($1.10 diluted EPS); adjusted operating income available to common stockholders $326M ($1.66 diluted EPS).
April 16, 2026, 7:59 PM ET leadership materiality 0.35 neutral item 5.02

Lincoln National EVP Brian Kroll to retire June 1, 2026

Brian Kroll, EVP Head of Retail Life and Annuity Solutions, named executive officer, retiring effective June 1, 2026.
March 31, 2026, 7:59 PM ET debt materiality 0.35 neutral item 1.01 item 9.01 ◈ Material Agreements

Lincoln National enters amended $2B credit facility maturing 2031

$2.0B unsecured revolving credit facility (letters of credit and loans) matures March 27, 2031; replaces Dec 2023 agreement.
February 12, 2026, 6:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Lincoln Financial Q4 adjusted EPS $2.21 vs $1.91 YoY; net income falls to $745M

Q4 adjusted operating income available to common $434M ($2.21/diluted share), up from $332M ($1.91) YoY.
November 10, 2025, 6:59 PM ET debt materiality 0.50 neutral item 8.01 item 9.01

Lincoln National issues $500M of 5.350% Senior Notes due 2035

$500M aggregate principal, 5.350% interest, semi-annual payments, matures Nov 15, 2035
October 30, 2025, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Lincoln Financial reports Q3 net income $411M; adj. EPS $2.04, up from prior-year loss

Net income available to common stockholders of $411M ($2.12 diluted EPS) vs prior-year loss of $562M.
July 31, 2025, 7:59 PM ET earnings materiality 0.80 positive item 2.02 item 7.01 item 9.01

Lincoln Financial Q2 adjusted op income $427M ($2.36/share); Group Protection record margin 12.5%

Net income $688M ($3.80 diluted) vs $884M ($5.11) a year ago; adjusted operating income $427M ($2.36) up from $324M ($1.87).
May 27, 2025, 7:59 PM ET other material materiality 0.55 neutral item 8.01 item 9.01

Lincoln National upsizes tender offer to $420M; accepts $812.8M in tenders

Increased aggregate offer cap from $375M to $420M; $812.8M aggregate principal tendered as of early deadline.
May 23, 2025, 7:59 PM ET other material materiality 0.50 neutral item 5.02 item 5.03 item 5.07 item 9.01 ◈ Governance Changes

Lincoln National amends incentive plan, adds 1.75M shares, cuts board to 10

Shareholders approved Amendment No. 4 to 2020 Incentive Plan, increasing shares by 1.75M to 17.8M.
May 20, 2025, 7:59 PM ET debt materiality 0.75 neutral item 2.03 ◈ Debt Financings

Lincoln National issues $500M 2.330% notes due 2030, creates $1B P-Caps facility for 6.792% notes due 2055

Exercised issuance right to exchange $500M 2.330% Senior Notes due 2030 for Treasury strips held by Trust I; notes distributed to 2030 P-Cap holders on May 20.
May 12, 2025, 7:59 PM ET debt materiality 0.60 neutral item 8.01 item 9.01

Lincoln National launches $375M cash tender offer for eight debt series; replaces P-Caps

Tender offer for eight series of securities, capped at $375M aggregate, $220M sub-cap for subordinated securities.
May 8, 2025, 7:59 PM ET earnings materiality 0.75 neutral item 2.02 item 7.01 item 9.01

Lincoln Financial Q1 net loss $756M, adjusted operating income $280M; announces Bain Capital partnership

Q1 net loss available to common stockholders of $756M ($4.41/diluted share) vs prior-year net income $1.19B.
April 9, 2025, 7:59 PM ET M&A materiality 0.85 positive item 3.02 item 7.01 item 9.01

Lincoln sells 9.9% stake to Bain Capital for $825M; 10-year asset mgmt pact

Bain Capital buys ~18.8M shares at $44.00/share, a 25% premium to 30-day VWAP.
March 4, 2025, 6:59 PM ET leadership materiality 0.25 neutral item 5.02 item 5.03 item 9.01 ◈ executive_change◈ Governance Changes

Lincoln National elects James Morris to board; board size increased to 11

James Morris elected to the Board effective March 3, 2025; term ends at 2025 annual meeting.
February 6, 2025, 6:59 PM ET earnings materiality 0.85 positive item 2.02 item 7.01 item 9.01

Lincoln Financial Q4 net income $1.7B, adjusted EPS $1.91; RBC ratio >430%

Q4 net income $1.7B ($9.63/diluted share) vs net loss $1.2B in Q4 2023.
February 4, 2025, 6:59 PM ET leadership materiality 0.35 neutral item 5.02 item 5.03 item 9.01 ◈ executive_change◈ Governance Changes

Director Janet Liang resigns; board size reduced from 11 to 10

Janet Liang resigned from Lincoln National's board effective Jan 30, 2025 to pursue a new employment opportunity.
October 31, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Lincoln Financial Q3 adjusted operating income $358M, or $2.06/share; net loss $(562)M on non-economic items

Adjusted operating income $358M ($2.06/diluted); net loss $(562)M ($(3.29)/share) from derivative and market risk benefit changes.
September 18, 2024, 7:59 PM ET other materiality 0.20 neutral item 5.03 item 9.01

Lincoln National reduces board size from 12 to 11 members

Board approved amendment to Amended and Restated Bylaws effective September 17, 2024.
August 26, 2024, 7:59 PM ET leadership materiality 0.65 neutral item 5.02 item 9.01

Lincoln National adds CEO to amended severance plan: 2x salary+bonus over 104 weeks

Compensation Committee amended Severance Plan on Aug 22, 2024 to include the CEO as a participant.
August 1, 2024, 7:59 PM ET earnings materiality 0.75 positive item 2.02 item 7.01 item 9.01

Lincoln Financial Q2 adjusted EPS $1.84, RBC ratio above 420%

Net income $884M ($5.11 diluted); adjusted operating income $319M ($1.84 diluted).
May 24, 2024, 7:59 PM ET other materiality 0.30 neutral item 5.02 item 5.07 item 9.01

Lincoln National shareholders approve compensation plan share increase, reject independent chair

Shareholders approved Amendment No. 3 to 2020 Incentive Comp Plan, increasing authorized shares by 4.5M to 16.05M.
May 15, 2024, 7:59 PM ET leadership materiality 0.50 neutral item 5.02 ◈ executive_change

Lincoln National EVP Matthew Grove departs as executive officer; advisor role until year-end

Matthew Grove ceased to be an executive officer effective May 15, 2024.
May 2, 2024, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Lincoln Financial Q1 adj op income $0.41 vs $1.52 prior; legal accrual $90M, severance $39M

Net income available to common $1.2B ($6.93 dil EPS) driven by $1.1B non-economic market risk benefit gain.
March 14, 2024, 7:59 PM ET debt materiality 0.55 neutral item 8.01 item 9.01

Lincoln National issues $350M 5.852% Senior Notes due 2034 to refinance maturities

Aggregate principal $350M at 100% of par, underwriting discount 0.65%; notes bear interest at 5.852%, mature March 15, 2034.
February 8, 2024, 6:59 PM ET earnings materiality 0.90 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases ×2

Lincoln National Q4 net loss $1.2B / $7.35 EPS; adj op income $246M; RBC ratio 400-410%

Net loss available to common stockholders $(1.2B) ($7.35/diluted share); adjusted operating income $246M ($1.45/share).
December 21, 2023, 6:59 PM ET debt materiality 0.55 neutral item 1.01 item 9.01 ◈ Material Agreements

Lincoln National enters $2.0B credit facility, extends maturity to Dec 2028

Second Amended and Restated Credit Agreement provides $2.0B of unsecured letters of credit and loans.
December 14, 2023, 6:59 PM ET M&A materiality 0.80 positive item 8.01 item 9.01

Lincoln National sells wealth management business to Osaic for ~$700M capital benefit

Sale includes Lincoln Financial Advisors and Lincoln Financial Securities with ~1,450 financial professionals.
November 13, 2023, 6:59 PM ET leadership materiality 0.25 neutral item 5.02

Lincoln National appoints Owen Ryan to Audit and Compensation Committees

Owen Ryan elected to Lincoln National Board on September 11, 2023.
November 1, 2023, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 9.01 ◈ Earnings Releases

Lincoln Financial Q3 adjusted EPS $0.23; net income $4.79 on hedging gains; expenses up

Net income available to common $819M ($4.79/diluted) vs net loss $1.8B a year ago; adjusted operating income $39M ($0.23).
September 11, 2023, 7:59 PM ET leadership materiality 0.25 neutral item 5.02 item 5.03 item 9.01 ◈ executive_change◈ Governance Changes

Lincoln National elects Owen Ryan to board, increasing size to 12

Owen Ryan elected as director effective September 11, 2023, for a term ending at 2024 annual meeting.
August 2, 2023, 7:59 PM ET earnings materiality 0.70 neutral item 2.02 item 9.01

Lincoln Q2 net income $502M ($2.94 EPS); adjusted ops $343M ($2.02); group protection improves

Q2 2023 net income available to common $502M ($2.94/diluted) vs $833M ($4.83) YoY.
May 26, 2023, 7:59 PM ET other material materiality 0.40 neutral item 5.02 item 5.03 item 5.07 item 9.01 ◈ Shareholder Votes ×7◈ Governance Changes

Lincoln National shareholders approve 4.5M share increase to incentive plan; board size reduced to 11

Shareholders approved Amendment No. 2 to 2020 Incentive Compensation Plan, increasing authorized shares from 7.05M to 11.55M.
May 22, 2023, 7:59 PM ET other material materiality 0.30 neutral item 8.01 item 9.01

Lincoln National updates 10-K for adoption of ASU 2018-12 long-duration contract accounting

Adopted ASU 2018-12 effective Jan 1, 2023, with transition date Jan 1, 2021; modified retrospective approach except full retrospective for market risk benefits.
May 12, 2023, 7:59 PM ET other material materiality 0.20 neutral item 5.02 item 9.01

LNC reduces CEO change-of-control severance multiple from 3.0 to 2.99; removes automatic good reason clause

CEO cash severance capped at 2.99x base salary plus target bonus, down from 3.0x.
May 9, 2023, 7:59 PM ET earnings materiality 0.75 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Lincoln Financial Q1 net loss ($5.37)/share; adjusted EPS $1.52; $28B reinsurance with Fortitude Re

Net loss available to common stockholders of $(909)M ($5.37/diluted share) vs $1,481M ($8.39) in prior year.
May 2, 2023, 7:59 PM ET other material materiality 0.85 neutral item 2.02 item 7.01 item 8.01 item 9.01 ◈ Earnings Releases

Lincoln cedes $28B in reserves to Fortitude Re; preliminary Q1 net loss up to $919M

Cedes ~$28B in ULSG, MoneyGuard, fixed annuity reserves; expected close Q2 2023, effective Apr 1.
April 6, 2023, 7:59 PM ET other material materiality 0.60 neutral item 2.02 item 9.01

Lincoln National restates Q4 2022 financials due to adoption of LDTI accounting standard

Restated condensed Q4 2022 Statistical Supplement reflects adoption of LDTI (ASU 2018-12) as of Jan 1, 2023.
March 27, 2023, 7:59 PM ET other material materiality 0.70 negative item 2.02 item 7.01 item 4.02 ◈ Auditor Changes◈ Earnings Releases

Lincoln National restates FY21-22 financials due to accounting error on reinsurance gain recognition

Restatement corrects timing of $498M gain from Resolution Life reinsurance transaction; gain now recognized in Q4 2021 instead of deferred.
February 21, 2023, 6:59 PM ET other material materiality 0.30 neutral item 5.02 item 9.01 ◈ executive_change

Lincoln National caps executive severance at 2.99x salary+bonus; sets CFO Neczypor's pay

Board adopted policy limiting new executive cash severance to 2.99x base salary plus target bonus without shareholder ratification.
February 8, 2023, 6:59 PM ET earnings materiality 0.85 negative item 2.02 item 9.01 ◈ Earnings Releases

Lincoln National Q4 net income $6M, adjusted EPS $0.97; full-year net loss $(2.2)B

Q4 net income per diluted share $0.01 vs $1.20 in prior year; adjusted operating EPS $0.97 vs $1.56.
February 8, 2023, 6:59 PM ET leadership materiality 0.55 neutral item 5.02 item 9.01 ◈ executive_change ×2

Lincoln National appoints Christopher Neczypor as CFO, effective Feb 17, 2023

Christopher Neczypor appointed EVP, CFO effective Feb 17, 2023, succeeding Randal Freitag.
November 22, 2022, 6:59 PM ET other material materiality 0.60 neutral item 3.03 item 5.03 item 8.01 item 9.01 ◈ Governance Changes

Lincoln National closes $1B preferred stock offering of Series C (9.25%) and Series D (9.00%) depositary shares

Issued 500,000 Series C depositary shares (9.25% fixed rate reset) and 20M Series D depositary shares (9.00% non-cumulative), totaling $1B liquidation preference.
November 17, 2022, 6:59 PM ET other material materiality 0.70 neutral item 8.01 item 9.01

Lincoln National to issue $512.5M in preferred stock: 9.25% Series C and 9% Series D

Series C: 500,000 depositary shares, 9.25% fixed rate reset non-cumulative, $25 liquidation preference per depositary share.
November 2, 2022, 7:59 PM ET earnings materiality 0.85 negative item 2.02 item 7.01 item 9.01 ◈ Earnings Releases

Lincoln National posts Q3 net loss of $2.6B; $15.17 EPS loss on $634M goodwill impairment and $2.0B DAC charge

Net loss of $2.6B ($15.17 diluted EPS); adjusted operating loss of $1.7B ($10.23 per share).
September 21, 2022, 7:59 PM ET other material materiality 0.50 neutral item 7.01 item 9.01

LNC discloses expected initial impact of LDTI accounting standard adoption via presentation

Presentation on expected initial impact of LDTI adoption made available on company website on Sept 21, 2022.
August 3, 2022, 7:59 PM ET earnings materiality 0.80 negative item 2.02 item 9.01

LNC Q2 net income drops 63% to $238M; adjusted op EPS $2.23, down 30% YoY

Net income $238M ($1.34 diluted EPS) vs $642M ($3.34 EPS) in Q2 2021.
June 1, 2022, 7:59 PM ET other materiality 0.30 neutral item 5.02 item 5.07 item 9.01

Lincoln National shareholders approve 1.85M share increase for 2020 Incentive Compensation Plan

13 directors elected with votes ranging from 124M to 135M for; broker non-votes of ~17M.
May 4, 2022, 7:59 PM ET earnings materiality 0.65 neutral item 2.02 item 9.01

Lincoln Financial Q1 adjusted EPS $1.66 vs $1.82; pandemic claims reduced EPS by $0.96

Net income $104M ($0.58 diluted) vs $225M ($1.16) in Q1 2021; adjusted operating EPS $1.66 vs $1.82.

Executive changes

Appointed

James Morris

Director

LNC · LINCOLN NATIONAL CORP

Effective: 2025-03-03
Filed: March 4, 2025, 6:59 PM ET

On March 3, 2025, the Board of Directors (the “Board”) of Lincoln National Corporation (the “Corporation” or “LNC”) approved an increase to the size of the Board effective the same date (as further discussed below under Item 5.03) and elected James Morris to serve as a new director on the Board effective March 3, 2025, for a term to end at the Corporation’s 2025 Annual Meeting of Shareholders.

Departed

Janet Liang

Director

LNC · LINCOLN NATIONAL CORP

Effective: 2025-01-30
Filed: February 4, 2025, 6:59 PM ET

On January 30, 2025, Janet Liang submitted to the Lincoln National Corporation (the "Company") Board of Directors (the "Board") her resignation from her position as a director on the Board, with such resignation to be effective immediately.

Departed

Matthew Grove

named executive officer

LNC · LINCOLN NATIONAL CORP

Effective: 2024-05-15
Filed: May 15, 2024, 7:59 PM ET

Effective May 15, 2024, Matthew Grove, a named executive officer who was previously responsible for the Lincoln National Corporation (“Company”) wealth management business and led the Company’s Life and Annuities businesses, ceased to be an executive officer of the Company.

Appointed

Owen Ryan

director

LNC · LINCOLN NATIONAL CORP

Effective: 2023-09-11
Filed: September 11, 2023, 7:59 PM ET

elected Owen Ryan to serve as a new director on the Board effective September 11, 2023

Appointed

Christopher Neczypor

Chief Financial Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2023-02-17
Filed: February 21, 2023, 6:59 PM ET

On February 15, 2023, the Compensation Committee of the Board approved the compensation for the Company’s new Chief Financial Officer, Christopher Neczypor, who assumed the role effective February 17, 2023, as previously disclosed on a Current Report on Form 8-K filed by the Company on February 8, 2023.

Appointed

Christopher Neczypor

Executive Vice President, Chief Financial Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2023-02-17
Filed: February 8, 2023, 6:59 PM ET

On February 8, 2023, Lincoln National Corporation (the “Company”) announced that Christopher Neczypor will be appointed Executive Vice President, Chief Financial Officer, effective February 17, 2023.

Departed

Randal J. Freitag

Executive Vice President, Chief Financial Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2023-03-31
Successor: Christopher Neczypor
Filed: February 8, 2023, 6:59 PM ET

Mr. Freitag will continue to serve as an advisor to Mr. Neczypor until his departure from the Company on March 31, 2023.

Appointed

Adam Cohen

Chief Accounting Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2022-03-07
Filed: March 7, 2022, 6:59 PM ET

On March 7, 2022, Lincoln National Corporation (the “Corporation” or “LNC) announced that Adam Cohen has been named to serve as Chief Accounting Officer for the Corporation.

Role change (interim)

Randal J. Freitag

Interim Chief Accounting Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2022-03-07
Successor: Adam Cohen
Filed: March 7, 2022, 6:59 PM ET

Effective the same date, Randal J. Freitag ceased to serve as the Corporation’s Interim Chief Accounting Officer.

Role change (interim)

Randal J. Freitag

Interim Chief Accounting Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2021-09-10
Filed: September 15, 2021, 7:59 PM ET

On September 10, 2021, Lincoln National Corporation (the “Corporation”) appointed Randal J. Freitag, Executive Vice President, Chief Financial Officer and Head of Individual Life, to the role of Interim Chief Accounting Officer effective the same date.

Departed

Christine A. Janofsky

Senior Vice President and Chief Accounting Officer

LNC · LINCOLN NATIONAL CORP

Effective: 2021-09-10
Filed: September 1, 2021, 7:59 PM ET

On August 26, 2021, Christine A. Janofsky, Senior Vice President and Chief Accounting Officer, notified Lincoln National Corporation (the “Company”) of her resignation from the Company effective September 10, 2021.

Appointed

William H. Cunningham

independent Lead Director

LNC · LINCOLN NATIONAL CORP

Filed: August 30, 2021, 7:59 PM ET

William H. Cunningham will relinquish the role of Chairman and assume the role of independent Lead Director, effective following the 2022 Annual Meeting.

Earnings & guidance

2026-Q1 EPS reported -$1.10 filing →

Materiality & sentiment trend

Max materiality 0.90 · Median 0.60 · Most common event earnings

9 positive 8 negative 33 neutral

source · LNC on sec.gov