Lincoln National Corp
LNC- Exchange
- NYSE
- Industry
- Life Insurance
- SEC CIK
- 0000059558
In the last 90 days, Lincoln National Corp insiders filed 0 open-market purchases and 4 sales; 622 institutions reported holding it in 13F filings for Q2 2026, worth $5.81B in total; no superinvestor holds it.
Other share classesLNC.PD
Key figures
- Market capClose on Nov 11, 2026
- $8.10B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsLast 90 days, $4.02M in total
- 4
- 13F holdersQ2 2026, +8 vs. previous quarter
- 622
- 13F valueReported value at the end of Q2 2026
- $5.81B
- Superinvestors holdingAt the end of Q2 2026
- 0
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $18.2B
- −1.2% year over year
- Net income, FY2025
- $1.18B
- −64.1% year over year
- Free cash flow, FY2025
- –
- No comparable prior period
- Revenue, Q3 FY2026
- $5.48B
- +20.3% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 10.9M
- Shares sold short
- Change
- −1.07M
- −9.0% vs. previous
- Days to cover
- 6.34
- At average daily volume
Superinvestors holding LNC, Q2 2026
Go to the superinvestors tabNo superinvestor reported holding LNC at the end of Q2 2026.
Latest insider trades
See all insider tradesOpen-market purchases and sales by Lincoln National Corp insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Nov 10, 2026 (view filing)4:20 PM ET | Nov 9 | 1 day | Beazer CraigT TEVP, GC & Chief Gov Officer | SSale | −18.0K | $42.50 | −$764.1K | −17.0%87.7K after | |
| Nov 9, 2026 (view filing)4:21 PM ET | Nov 6 | 3 days | Woodroffe SeanEVP, Ch Ppl Comms Ent Srvc Off | SSale | −17.5K | $40.24 | −$704.2K | −14.5%103.3K after | |
| Nov 9, 2026 (view filing)4:20 PM ET | Nov 6 | 3 days | Reid James WaltmanEVP, Pres. Workplace Solutions | SSale | −52.4K | $39.26 | −$2.06M | −28.8%129.5K after | |
| Aug 18, 2026 (view filing)4:21 PM ET | Aug 17 | 1 day | Woodroffe SeanEVP, Ch Ppl Comms Ent Srvc Off | SSale | −11.0K | $45.28 | −$498.1K | −8.4%119.9K after | |
| Aug 14, 2026 (view filing)4:21 PM ET | Aug 12 | 2 days | Kelly Gary CDirector | SSaleDepositary Shares representing Series D Preferred Stock | −15.0K | $26.50 | −$397.7K | −100.0%0 after | |
| Jun 8, 2026 (view filing) | Jun 5 | 3 days | Beazer CraigT TEVP & General Counsel | SSale | −30.0K | $34.45 | −$1.03M | −22.4%103.9K after | |
| Jun 3, 2026 (view filing) | Jun 1 | 2 days | Woodroffe SeanEVP, Ch Ppl Comms Ent Srvc Off | SSale | −25.0K | $34.75 | −$868.8K | −16.1%130.2K after | |
| Mar 16, 2026 (view filing) | Mar 13 | 3 days | Charters JenniferEVP, Chief Information Officer | PPurchase | +300 | $32.61 | +$9.78K | +0.8%37.8K after | |
| Mar 9, 2026 (view filing) | Mar 9 | Same day | Woodroffe SeanEVP, Ch Ppl Comms Ent Srvc Off | SSale | −8.00K | $32.74 | −$261.9K | −3.9%198.2K after | |
| Mar 2, 2026 (view filing) | Mar 2 | Same day | Woodroffe SeanEVP, Ch Ppl Comms Ent Srvc Off | SSale | −10.0K | $34.46 | −$344.6K | −4.6%206.2K after |
Top 10 13F holders, Q2 2026
See all 622 holdersThe largest institutional positions in Lincoln National Corp at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Bain Capital Prairie, LLC | 18,759,497 | $663.1M | 100.00% | 00.0% | Unchanged |
| BlackRock, Inc. | 18,561,962 | $656.2M | 0.01% | +63,858+0.3% | Added |
| Vanguard Portfolio Management LLC | 10,427,206 | $368.6M | 0.02% | +17,552+0.2% | Added |
| Dimensional Fund Advisors LP | 8,571,956 | $303.0M | 0.05% | +816,450+10.5% | Added |
| Vanguard Capital Management LLC | 8,347,042 | $295.1M | 0.01% | +76,141+0.9% | Added |
| Massachusetts Financial Services Co | 6,373,067 | $226.6M | 0.07% | +491,735+8.4% | Added |
| State Street Corp | 6,106,302 | $215.9M | 0.01% | +215,007+3.6% | Added |
| Price T Rowe Associates Inc | 4,993,803 | $176.5M | 0.02% | +565,854+12.8% | Added |
| Jennison Associates LLC | 3,772,433 | $133.4M | 0.08% | −50,719−1.3% | Reduced |
| Morgan Stanley | 3,632,194 | $128.4M | 0.01% | −60,648−1.6% | Reduced |
Holders of 5% or more of LNC
See all 3 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Lincoln National Corp.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Bain Capital Prairie, LLC | 13D/A | 9.80%18.8M shares | −0.10 ppfrom 9.90% | Jun 12, 20252 filings | Aug 12, 2026 | SEC |
| Vanguard Portfolio Management LLC | 13G | 5.50%10.5M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 5.04%9.58M shares | New | Apr 30, 20261 filing | Apr 30, 2026 | SEC |
Politician trades
All politician trades in LNC5 members of Congress reported 6 trades in Lincoln National Corp since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Aug 13, 2025 |  Lisa C. McClain House · MI | Buy | $1K-$15K |
| Aug 13, 2025 | Lisa C. McClain House · MI | Sell | $1K-$15K |
| Aug 23, 2023 |  Michael Guest House · MS | Buy | $1K-$15K |
| May 19, 2023 |  Daniel S. Goldman House · NY | Sell | $1K-$15K |
| May 7, 2020 |  Dean Phillips House · MN | Buy | $1K-$15K |
House · MI · Aug 13, 2025
Buy$1K-$15K
House · MI · Aug 13, 2025
Sell$1K-$15K
House · MS · Aug 23, 2023
Buy$1K-$15K
House · NY · May 19, 2023
Sell$1K-$15K
House · MN · May 7, 2020
Buy$1K-$15K