Reid James Waltman, who serves as executive vice president for workplace solutions at Lincoln National Corporation (NYSE: LNC), executed a sale of 3,050 common shares on February 18, 2026. The shares traded at $41.81 apiece, producing a gross transaction amount of $127,520. The disposition was reported to regulators via a Form 4 filing with the Securities and Exchange Commission.
Following the sale, Waltman retains direct ownership of 118,567 shares of Lincoln National. The transaction occurred while the companys stock is trading near a Fair Value estimate published by a financial platform, which indicates that the shares remain undervalued at current market levels.
Lincoln National, a $7.67 billion insurance company, offers a dividend yield of 4.49% and has continued its dividend payments for 56 consecutive years. The same platform that provided the Fair Value estimate also lists seven additional ProTips for investors in the stock.
On the corporate results front, Lincoln National reported fourth-quarter 2025 financials that slightly outpaced analysts forecasts. The company posted earnings per share of $1.91, versus a consensus expectation of $1.90. Revenue for the quarter came in at $4.92 billion, topping the anticipated $4.85 billion.
Those reported results reflect a modest but clear outperformance relative to the projections that analysts had issued heading into the release. The companys stronger-than-expected revenue and EPS contributed to an assessment of robust performance for the quarter, according to the reporting. The results arrive against a backdrop described as fluctuating market conditions.
The sale by an executive and the companys quarterly beat present parallel developments: an insider reducing a portion of holdings and the firm delivering slightly better-than-expected financial metrics. The Form 4 disclosure and the quarterly results each offer investors data points to consider when assessing Lincoln Nationals near-term position in the insurance sector and broader financial markets.