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AI brief of an SEC Form 8-K · Lincoln Financial (LNC)

Lincoln National adds James Morris to board, expands board from ten to eleven seats

Neutral Impact 2 of 5 leadership Written later

Lincoln National Corporation elected James (Jim) Morris, former Chairman, President and CEO of Pacific Life Insurance Company, as a director effective March 3, 2025, and amended its bylaws to raise the authorized board size from ten to eleven. The filing describes a board governance change with no reported financial figures, and Morris's director pay follows the company's standard non-employee director practices.

Key points

  • James Morris elected director effective March 3, 2025, with a term ending at the 2025 Annual Meeting of Shareholders
  • Morris appointed to the Compensation Committee and the Finance Committee; the Board determined he is independent
  • Bylaws amended effective March 3, 2025 to increase authorized Board members from ten to eleven
  • Annual director retainer of $290,000, of which $180,000 is paid in deferred stock units tied to common stock

The filing

CompanyLincoln Financial (LNC)
Form8-K, current report
Filed with the SECMar 4, 2025, 4:16 PM ET
Accession number0000059558-25-000026

Items reported: 5.02 Director / Officer Change5.03 Bylaw / Charter Amendment

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 04, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.