Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-10

Lincoln National Corp (LNC)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$27,991,242
Ellen Cooper total, FY2025
99th
CEO pay percentile vs peers
277:1
CEO-to-median pay ratio
71.24%
Say-on-pay support, latest vote
Companies that benchmark against LNC
19 companies name LNC as a compensation peer

Each company listed discloses LNC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LNC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Ellen Cooper$1,314,462$0$20,303,444$0$5,357,880$0$1,015,456$27,991,242
President and CEO
Christopher Neczypor947,69303,360,15102,942,0000433,7927,683,635
Executive Vice President and CFO
James Reid947,69303,194,86802,784,0000426,0667,352,626
Executive Vice President and President, Workplace Solutions
Brian Kroll850,00001,817,76802,442,80052179,6085,290,229
Executive Vice President, Head of Retail Life and Annuity Solutions
Sean Woodroffe875,00001,762,76002,102,8940433,4845,174,138
Executive Vice President and Chief People, Communications and Enterprise Services Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Ellen Cooper$27,991,242$15,903,302$13,437,920+12,087,940
Christopher Neczypor7,683,6356,100,2555,011,286+1,583,380
James Reid7,352,6265,946,3364,711,284+1,406,290
Brian Kroll5,290,229
Sean Woodroffe5,174,1384,756,3139,562,115+417,825

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Sean WoodroffeEVP, Ch Ppl Comms Ent Srvc Off2026-05-24D45,150$36$1,626,755CommonForm 4 ↗
John Christopher KennedyEVP, Chief Dist. & Brand Off2026-05-24D23,80136857,550CommonForm 4 ↗
Andrew RallisEVP, Chief Risk Officer2026-05-24D32,281361,163,084CommonForm 4 ↗
Sean WoodroffeEVP, Ch Ppl Comms Ent Srvc Off2026-06-01D25,00035868,750CommonForm 4 ↗
Andrew RallisEVP, Chief Risk Officer2026-06-01D20,05235694,401CommonForm 4 ↗
CraigT T. BeazerEVP & General Counsel2026-06-05D30,000341,033,500CommonForm 4 ↗
M. Leanne LachmanDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
Eric G. JohnsonDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
Gary C. KellyDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
Reginald E. DavisDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
William H. CunninghamDirector2026-06-30A1,697.313560,000Derivative, Class A CommonForm 4 ↗
Deirdre P. ConnellyDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
Owen RyanDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
Dale LeFebvreDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗
James MorrisDirector2026-06-30A1,272.983545,000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Ellen CooperRSU2025-02-19138,214$4,866,178
James ReidRSU2025-02-1937,1131,450,005
Brian KrollRSU2025-02-1921,116825,002
Ellen CooperRSU2025-02-1992,1433,600,027
Sean WoodroffeRSU2025-02-1920,477800,036
Christopher NeczyporPSU2025-02-193,90339,03382,9451,835,132
Brian KrollPSU2025-02-192,11221,11644,872992,766
Christopher NeczyporRSU2025-02-1939,0331,525,019
Sean WoodroffePSU2025-02-1920,47743,514962,724
James ReidPSU2025-02-193,71137,11378,8651,744,863
Ellen CooperRSU2025-02-19108,0124,220,029
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Ellen Cooper$12,686,234$0$00.0%
James Reid1,450,0051,744,863054.6%
Brian Kroll825,002992,766054.6%
Sean Woodroffe800,036962,724054.6%
Christopher Neczypor1,525,0191,835,132054.6%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Sean WoodroffePSU75,722$2,750,980
James ReidRSU3,719163,524
Ellen CooperRSU16,445723,087
Sean WoodroffeRSU45,6221,657,447
Sean WoodroffeRSU4,733171,950
Christopher NeczyporRSU4,287188,499
05

Incentive-plan design — the Compensation Discussion & Analysis

We believe that those executives with significant responsibility and a greater ability to influence the Company's results should have a significant portion of their total compensation tied directly to business results. Therefore, the vast majority of our NEO compensation is tied to Company performance.

CEO STI target (% of salary)275%
CEO LTI target (% of salary)
Independent consultantPay Governance LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-28101,944,59441,153,657954,48671.24%Passed
20252025-05-22109,461,8306,936,749954,05094.04%Passed
20242024-05-2396,962,53319,024,242909,44683.6%Passed
20232023-05-2592,923,25324,621,8441,002,71479.05%Passed
20222022-05-27116,751,87019,668,575709,49885.58%Passed
20212021-06-03108,307,29041,643,144821,90372.23%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2871.24%a
20252025-05-2294.04%b
20242024-05-2383.6%c

a. Approved under the standard stated in the filing — “Abstentions will not count as votes cast either for or against a director nominee or the proposals set forth in Items 2 through 4.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not count as votes cast either for or against the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not count as votes cast either for or against the proposal.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)277 : 1
CEO total compensation$27,991,242
Median employee compensation$101,192
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
M. Leanne LachmanIndependent · Audit · Corporate Governance (Chair) · Executive$160,500$180,000$0$0$30,000$370,500
William H. CunninghamIndependent · Lead Independent Director · Compensation · Corporate Governance · Executive · Finance110,000240,0000020,000370,000
Gary C. KellyIndependent · Audit (Chair) · Executive · Finance145,000180,0000010,000335,000
Deirdre P. ConnellyIndependent · Audit · Compensation (Chair) · Corporate Governance · Executive145,000180,00000325,000
Dale LeFebvreIndependent · Audit · Corporate Governance140,500180,00000320,500
Owen RyanIndependent · Audit · Compensation120,000180,0000015,000315,000
Eric G. JohnsonIndependent · Compensation · Corporate Governance · Executive · Finance (Chair)130,000180,00000310,000
Reginald E. DavisIndependent · Audit · Corporate Governance120,000180,00000300,000
James MorrisIndependent · Compensation · Finance · Newly elected91,361149,50000240,861
Lynn M. UtterIndependent · Not standing for re-election · Departed during FY43,21470,71400100,000213,928
Janet LiangIndependent · Compensation · Finance · Not standing for re-election · Departed during FY · Partial-year service9,16715,0000024,167
Ellen G. CooperEmployee director · Board Chair · Executive (Chair)00000
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$180,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)35,000 / 25,000
Stock ownership guideline$550,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,214,742
Equity awards (grant-date value)$1,735,214
All other compensation$175,000
Total cost of the board$3,124,956

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Lincoln National Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Lincoln National Corp.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Lincoln National Corp2025Ellen Cooper$1,314,462$20,303,444$0$5,357,880$27,991,242
2Aflac2025Daniel Amos1,441,10011,340,78206,350,19325,033,687
3MetLife2025Michel Khalaf1,500,00014,797,60104,600,00022,364,273
4Unum Group2025Richard McKenney1,128,2705,643,777011,587,99519,417,476
5Equitable Holdings2025Mark Pearson1,249,86212,600,04903,431,32018,001,113
6Corebridge Financial2025Marc Costantini88,4627,801,4722,499,996016,142,230
7Principal Financial2025Deanna Strable-Soethout990,7698,870,70803,091,20013,827,887
8Voya Financial2025Heather Lavallee991,6676,942,72704,456,00012,593,676
9Jackson Financial2025Laura Prieskorn1,142,3087,222,17203,000,00011,478,687
10Prudential Financial2025Andrew Sullivan1,089,2054,618,26604,664,00011,408,423
11CNO Financial2025Gary Bhojwani1,065,0007,718,44002,411,07911,243,261
12Brighthouse Financial2025Eric Steigerwalt1,050,0006,562,47302,535,75010,461,127
13Genworth Financial2025Thomas McInerney1,040,3855,679,76202,982,00010,077,378
14Globe Life2025Frank Svoboda900,0003,996,5872,014,8021,724,3109,453,935
Sun Life Financialnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Lincoln National Corp147.6%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (Relative TSR)Pay Governance LLC
Aflac441%PSU 100NoMercer (US) LLC
Brighthouse Financial115%PSU 70 · RSU 30NoSemler Brossy
CNO Financial125%PSU 55 · RSU 45NoWTW
Corebridge Financialnot disclosednot disclosednot disclosednot disclosed
Equitable Holdings109%RSU 40 · MSU 30 · PSU 30Yes — Relative TSRMeridian Compensation Partners
Genworth Financial142%PSU 100NoMeridian Compensation Partners, LLC
Globe Life112.7%PSU 60 · Options 30 · RSU 10NoPay Governance
Jackson Financialnot disclosedPSU 60 · RSU 40Yes — rTSRMercer (US) LLC
MetLife100.5%PSU 70 · RSU 30Yes — TSR relative to TSR Peer GroupSemler Brossy Consulting Group
Principal Financial104%PSU 70 · RSU 30NoCompensation Advisory Partners
Prudential Financialnot disclosednot disclosednot disclosednot disclosed
Sun Life Financialnot disclosednot disclosednot disclosednot disclosed
Unum Group76.4%RSU 50 · Cash LTI 50not disclosedPay Governance LLC
Voya Financial155%PSU 55 · RSU 45Yes — Relative Total Shareholder Return (TSR)Frederic W. Cook & Co., Inc. (FW Cook)

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Lincoln National Corp in fiscal 2025?
As disclosed, the highest-paid executive at Lincoln National Corp in fiscal 2025 was Ellen Cooper, who served as President and CEO with total compensation of $27,991,242.
How does Lincoln National Corp's chief executive pay compare to its disclosed peer group?
The filing shows that the CEO's pay was at the 99th percentile of the disclosed peer group.
What is Lincoln National Corp's CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 277:1.
How did shareholders vote on Lincoln National Corp's executive compensation?
The company reported that shareholders voted in favor of the executive compensation plan with 71.24% support.
How much does Lincoln National Corp spend in total on board compensation for fiscal 2025?
The filing shows total board compensation for fiscal 2025 was $3,124,956.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Ellen CooperDEF 14A2026-04-160001193125-26-157983Section “Summary Compensation Table”. As printed: 27,991,242. Filing ↗machine: r6 · c33 · span 1209415–1209425
2Section 01, Christopher NeczyporDEF 14A2026-04-160001193125-26-157983Section “Summary Compensation Table”. As printed: 7,683,635. Filing ↗machine: r10 · c33 · span 1219291–1219300
3Section 01, James ReidDEF 14A2026-04-160001193125-26-157983Section “Summary Compensation Table”. As printed: 7,352,626. Filing ↗machine: r17 · c33 · span 1234884–1234893
4Section 01, Brian KrollDEF 14A2026-04-160001193125-26-157983Section “Summary Compensation Table”. As printed: 5,290,229. Filing ↗machine: r14 · c33 · span 1230018–1230027
5Section 01, Sean WoodroffeDEF 14A2026-04-160001193125-26-157983Section “Summary Compensation Table”. As printed: 5,174,138. Filing ↗machine: span 1250182–1250191
6Section 03, Ellen Cooper RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t372 · r10 · c23 · span 1324366–1324373
7Section 03, James Reid RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r12 · c7 · span 1089179–1089185
8Section 03, Brian Kroll RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r10 · c7 · span 1087620–1087626
9Section 03, Ellen Cooper RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t372 · r14 · c31 · span 1330530–1330536
10Section 03, Sean Woodroffe RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r14 · c7 · span 1090695–1090701
11Section 03, Christopher Neczypor PSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r8 · c7 · span 1086110–1086116
12Section 03, Brian Kroll PSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r10 · c7 · span 1087620–1087626
13Section 03, Christopher Neczypor RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r8 · c7 · span 1086110–1086116
14Section 03, Sean Woodroffe PSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r14 · c7 · span 1090695–1090701
15Section 03, James Reid PSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t305 · r12 · c7 · span 1089179–1089185
16Section 03, Ellen Cooper RSUDEF 14A2026-04-160001193125-26-157983Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t372 · r12 · c31 · span 1327592–1327599
17Section 07, pay ratioDEF 14A2026-04-160001193125-26-157983Section “CEO Pay Ratio”. As printed: 277 : 1. Filing ↗machine: t453 · span 1817290–1817404
18Section 08, M. Leanne LachmanDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 370,500. Filing ↗machine: t155 · r16 · c15 · span 473743–473750
19Section 08, William H. CunninghamDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 370,000. Filing ↗machine: t155 · r8 · c15 · span 465819–465826
20Section 08, Gary C. KellyDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 335,000. Filing ↗machine: t155 · r14 · c15 · span 471755–471762
21Section 08, Deirdre P. ConnellyDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 325,000. Filing ↗machine: t155 · r6 · c15 · span 463827–463834
22Section 08, Dale LeFebvreDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 320,500. Filing ↗machine: t155 · r18 · c15 · span 475716–475723
23Section 08, Owen RyanDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 315,000. Filing ↗machine: t155 · r24 · c15 · span 481792–481799
24Section 08, Eric G. JohnsonDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 310,000. Filing ↗machine: t155 · r12 · c15 · span 469821–469828
25Section 08, Reginald E. DavisDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t155 · r10 · c15 · span 467796–467803
26Section 08, James MorrisDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 240,861. Filing ↗machine: t155 · r22 · c15 · span 479812–479819
27Section 08, Lynn M. UtterDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 213,928. Filing ↗machine: t155 · r26 · c15 · span 483776–483783
28Section 08, Janet LiangDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 24,167. Filing ↗machine: t155 · r20 · c15 · span 477788–477794
29Section 08, Ellen G. CooperDEF 14A2026-04-160001193125-26-157983Section “Director Compensation”. As printed: 0. Filing ↗
30Section 02, Sean Woodroffe 2026-05-24Form 42026-05-260001214659-26-006717Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, John Christopher Kennedy 2026-05-24Form 42026-05-260001214659-26-006716Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Andrew Rallis 2026-05-24Form 42026-05-260001214659-26-006718Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Sean Woodroffe 2026-06-01Form 42026-06-030001214659-26-007123Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Andrew Rallis 2026-06-01Form 42026-06-030001214659-26-007122Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, CraigT T. Beazer 2026-06-05Form 42026-06-080001214659-26-007235Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, M. Leanne Lachman 2026-06-30Form 42026-07-020001214659-26-008109Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Eric G. Johnson 2026-06-30Form 42026-07-020001214659-26-008107Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Gary C. Kelly 2026-06-30Form 42026-07-020001214659-26-008108Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Reginald E. Davis 2026-06-30Form 42026-07-020001214659-26-008106Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, William H. Cunningham 2026-06-30Form 42026-07-020001214659-26-008105Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Deirdre P. Connelly 2026-06-30Form 42026-07-020001214659-26-008104Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Owen Ryan 2026-06-30Form 42026-07-020001214659-26-008112Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Dale LeFebvre 2026-06-30Form 42026-07-020001214659-26-008110Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, James Morris 2026-06-30Form 42026-07-020001214659-26-008111Insider equity transaction reported since the proxy statement. Filing ↗
45Section 06, 2026 voteForm 8-K2026-06-010000059558-26-000038Item 5.07 · say-on-pay result. As reported: 71.24% (votes for as printed: 101,944,594). Filing ↗
46Section 06, 2025 voteForm 8-K2025-05-230000059558-25-000049Item 5.07 · say-on-pay result. As reported: 94.04% (votes for as printed: 109,461,830). Filing ↗
47Section 06, 2024 voteForm 8-K2024-05-240000059558-24-000033Item 5.07 · say-on-pay result. As reported: 83.6% (votes for as printed: 96,962,533). Filing ↗
48Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
49Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
50Section 09b board cost (computed)ComputedcomputedCash 1,214,742 + equity 1,735,214 + all other 175,000 = 3,124,956, summed across the director compensation table rows.machine: formula: Σ = 3,124,956
51Lincoln National Corp (subject), Section 10b CEO totalDEF 14A2026-04-160001193125-26-157983CEO total compensation as printed in Lincoln National Corp's own proxy. As printed: 27,991,242. Filing ↗machine: r6 · c33 · span 1209415–1209425
52Aflac, Section 10b CEO totalDEF 14A2026-03-190001628280-26-019621CEO total compensation as printed in Aflac's own proxy. As printed: 25,033,687. Filing ↗machine: r2 · c27 · span 1396373–1396383
53MetLife, Section 10b CEO totalDEF 14A2026-04-290001099219-26-000026CEO total compensation as printed in MetLife's own proxy. As printed: 22,364,273. Filing ↗machine: r2 · c8 · span 3558353–3558363
54Unum Group, Section 10b CEO totalDEF 14A2026-04-090000005513-26-000026CEO total compensation as printed in Unum Group's own proxy. As printed: 19,417,476. Filing ↗machine: t159 · r4 · c20 · span 1212953–1212963
55Equitable Holdings, Section 10b CEO totalDEF 14A2026-08-100001193125-26-341149CEO total compensation as printed in Equitable Holdings's own proxy. As printed: 18,001,113. Filing ↗machine: r4 · c39 · span 896584–896594
56Corebridge Financial, Section 10b CEO totalDEF 14A2026-08-050001140361-26-031413CEO total compensation as printed in Corebridge Financial's own proxy. As printed: 16,142,230. Filing ↗machine: r2 · c28 · span 1648397–1648407
57Principal Financial, Section 10b CEO totalDEF 14A2026-04-060001104659-26-039920CEO total compensation as printed in Principal Financial's own proxy. As printed: 13,827,887. Filing ↗machine: r4 · c28 · span 1116182–1116193
58Voya Financial, Section 10b CEO totalDEF 14A2026-04-100001535929-26-000061CEO total compensation as printed in Voya Financial's own proxy. As printed: 12,593,676. Filing ↗machine: t112 · r4 · c18 · span 1622260–1622270
59Jackson Financial, Section 10b CEO totalDEF 14A2026-04-070001104659-26-040158CEO total compensation as printed in Jackson Financial's own proxy. As printed: 11,478,687. Filing ↗machine: r1 · c33 · span 1285294–1285304
60Prudential Financial, Section 10b CEO totalDEF 14A2026-03-260001104659-26-035162CEO total compensation as printed in Prudential Financial's own proxy. As printed: 11,408,423. Filing ↗machine: r1 · c47 · span 1578749–1578759
61CNO Financial, Section 10b CEO totalDEF 14A2026-03-260001224608-26-000029CEO total compensation as printed in CNO Financial's own proxy. As printed: 11,243,261. Filing ↗machine: t130 · r3 · c10 · span 1023490–1023501
62Brighthouse Financial, Section 10b CEO totalDEF 14A2026-04-140001193125-26-154952CEO total compensation as printed in Brighthouse Financial's own proxy. As printed: 10,461,127. Filing ↗machine: r4 · c14 · span 982799–982810
63Genworth Financial, Section 10b CEO totalDEF 14A2026-04-060001276520-26-000019CEO total compensation as printed in Genworth Financial's own proxy. As printed: 10,077,378. Filing ↗machine: r2 · c8 · span 2626271–2626281
64Globe Life, Section 10b CEO totalDEF 14A2026-03-190000320335-26-000135CEO total compensation as printed in Globe Life's own proxy. As printed: 9,453,935. Filing ↗machine: r2 · c36 · span 1156928–1156937
65Section 10a, Globe Life reciprocityDEF 14A0000320335-26-000135Globe Life names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
66Section 10a, Equitable Holdings reciprocityDEF 14A0001193125-26-341149Equitable Holdings names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Corebridge Financial reciprocityDEF 14A0001140361-26-031413Corebridge Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Prudential Financial reciprocityDEF 14A0001104659-26-035162Prudential Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
69Section 10a, Principal Financial reciprocityDEF 14A0001104659-26-039920Principal Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Jackson Financial reciprocityDEF 14A0001104659-26-040158Jackson Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, CNO Financial reciprocityDEF 14A0001224608-26-000029CNO Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
72Section 10a, Genworth Financial reciprocityDEF 14A0001276520-26-000019Genworth Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
73Section 10a, Unum Group reciprocityDEF 14A0000005513-26-000026Unum Group names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
74Section 10a, Voya Financial reciprocityDEF 14A0001535929-26-000061Voya Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
75Section 10a, Aflac reciprocityDEF 14A0001628280-26-019621Aflac names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗
76Section 10a, Brighthouse Financial reciprocityDEF 14A0001193125-26-154952Brighthouse Financial names Lincoln National Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗