Lincoln National Corporation
Ownership
Ownership Structure
Who owns Lincoln National Corporation (LNC)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 89.6% of the shares are freely tradable; institutional investors hold 84.4%.
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Bain Capital Prairie, LLC | 9.80 | 18,759,497 | +0.0 | 06/30/2026 |
| BlackRock Inc | 9.66 | 18,498,104 | -0.3 | 03/31/2026 |
| Vanguard Portfolio Management, LLC | 5.44 | 10,409,654 | +0.0 | 03/31/2026 |
| Dimensional Fund Advisors, Inc. | 4.48 | 8,571,956 | +10.5 | 06/30/2026 |
| Vanguard Capital Management, LLC | 4.32 | 8,270,901 | +0.0 | 03/31/2026 |
| State Street Corp | 3.08 | 5,891,295 | -0.1 | 03/31/2026 |
| Massachusetts Financial Services Company | 3.07 | 5,881,332 | -0.1 | 03/31/2026 |
| T. Rowe Price Associates, Inc. | 2.31 | 4,427,949 | -15.0 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 5.41 | 10,356,617 | +0.0 | 08/31/2026 |
| Vanguard MStar Total Stk Mkt Idx Invest | 3.18 | 6,081,353 | +0.3 | 07/31/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Insider holdings
| Person | Role | Shares | Value | As of | Type |
|---|---|---|---|---|---|
| Neczypor Christopher M | EVP & CFO | 194,705 | 8,216,551 $ | Aug 9, 2026 | direct |
| Woodroffe Sean | EVP, Ch Ppl Comms Ent Srvc Off | 119,947 | 5,061,763 $ | Aug 17, 2026 | direct |
| Cohen Adam M | Interim CFO & CAO | 71,375 | 3,012,025 $ | Aug 24, 2026 | direct |
| Chesney Curtis W. | EVP, President of Annuities | 21,984 | 927,725 $ | Aug 17, 2026 | direct |
Holdings as of each person's most recent SEC Form 4 filing — excluding options and RSUs, which are not shares yet. Holdings may have changed between two filings.
Insiders
Insider Transactions
| Date | Person | Role | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Aug 24, 2026 | Cohen Adam M | Interim CFO & CAO | Other | 23,597 | 0.00 | – |
| Aug 24, 2026 | Cohen Adam M | Interim CFO & CAO | Other | 7,866 | 0.00 | – |
| Aug 17, 2026 | Chesney Curtis W. | EVP, President of Annuities | Other | 637 | 0.00 | – |
| Aug 17, 2026 | Woodroffe Sean | EVP, Ch Ppl Comms Ent Srvc Off | Sell | 11,000 | 45.28 | 498,080 |
| Aug 12, 2026 | Kelly Gary C | Director | Sell | 15,007 | 26.50 | 397,686 |
| Aug 9, 2026 | Neczypor Christopher M | EVP & CFO | Other | 2,464 | 46.03 | 113,418 |
Reportable transactions by officers and major shareholders from SEC Form 4 filings. "Other" includes things like stock grants and option exercises without a buy/sell character. View all insider transactions →
Data as of: September 18, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.