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Compiled from SEC Form N-PX filings and LINCOLN NATIONAL CORP.’s Form 8-K, filed May 23, 2025 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of May 22, 2025: 14 items on LINCOLN NATIONAL CORP.’s Form 8-K, filed May 23, 2025: 10 elected · 3 approved · 1 not approved.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore LINCOLN NATIONAL CORP. in the interactive database Compare manager voting policies
These tallies are LINCOLN NATIONAL CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 23, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Deirdre P. Connelly | 113,232,700 | 3,601,028 | 518,901 | -- | 29,196,280 | 97% | Elected | — |
| Elect Director: Ellen G. Cooper | 108,792,797 | 8,360,942 | 198,890 | -- | 29,196,280 | 93% | Elected | — |
| Elect Director: William H. Cunningham | 109,938,059 | 6,543,215 | 871,355 | -- | 29,196,280 | 94% | Elected | — |
| Elect Director: Reginald E. Davis | 115,374,408 | 1,669,781 | 308,440 | -- | 29,196,280 | 99% | Elected | — |
| Elect Director: Eric G. Johnson | 112,094,104 | 4,967,929 | 290,596 | -- | 29,196,280 | 96% | Elected | — |
| Elect Director: Gary C. Kelly | 112,140,914 | 4,936,366 | 275,349 | -- | 29,196,280 | 96% | Elected | — |
| Elect Director: M. Leanne Lachman | 109,459,271 | 7,446,019 | 447,339 | -- | 29,196,280 | 94% | Elected | — |
| Elect Director: Dale LeFebvre | 115,359,871 | 1,635,786 | 356,972 | -- | 29,196,280 | 99% | Elected | — |
| Elect Director: James Morris | 115,249,559 | 1,587,969 | 515,101 | -- | 29,196,280 | 99% | Elected | — |
| Elect Director: Owen Ryan | 114,814,141 | 2,034,304 | 504,184 | -- | 29,196,280 | 98% | Elected | — |
| 2. Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditor for 2025 | 142,755,514 | 3,480,266 | 313,129 | -- | -- | 98% | Approved | — |
| 3. Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the compensation paid to the Company's named executive officers, as disclosed in the Company's 2025 Proxy Statement | 109,461,830 | 6,936,749 | 954,050 | -- | 29,196,280 | 94% | Approved | — |
| 4. Approval of Amendment to Lincoln National Corporation 2020 Incentive Compensation Plan The proposal to approve the Amendment to the 2020 Plan | 81,079,551 | 35,673,743 | 599,335 | -- | 29,196,280 | 69% | Approved | — |
| 5. Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the Company's corporate governance documents to require an independent board chairman | 44,660,726 | 71,754,818 | 937,085 | -- | 29,196,280 | 38% | Not approved | — |
Source: LINCOLN NATIONAL CORP., Form 8-K, filed with the SEC on May 23, 2025 — read the filing on EDGAR.
Each item below shows how the 557 asset managers that disclosed a LINCOLN NATIONAL CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 4 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Dale LeFebvre
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Dale LeFebvre”): 115,359,871 for, 1,635,786 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,851,767 for, 73,151 against, 7,011 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,753,008 | 6,276 | 1 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,496 | 0 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,065,000 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 4 wordings of this item as funds reported it.
93% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Ellen G. Cooper
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Ellen G. Cooper”): 108,792,797 for, 8,360,942 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 93% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,859,883 for, 139,887 against, 7,010 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,265 | 20 | 0 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,291 | 205 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 4 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Eric G. Johnson
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Eric G. Johnson”): 112,094,104 for, 4,967,929 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,797,770 for, 201,999 against, 7,011 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,752,999 | 6,285 | 1 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,291 | 205 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 4 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Gary C. Kelly
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Gary C. Kelly”): 112,140,914 for, 4,936,366 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 96% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,859,897 for, 134,006 against, 12,876 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,274 | 10 | 0 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,291 | 205 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 4 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: James Morris
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: James Morris”): 115,249,559 for, 1,587,969 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,986,423 for, 13,346 against, 7,010 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,282 | 3 | 0 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,496 | 0 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 4 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: M. Leanne Lachman
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: M. Leanne Lachman”): 109,459,271 for, 7,446,019 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 100,432,249 for, 1,567,521 against, 7,010 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,273 | 12 | 0 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,291 | 205 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 83,518 | 769,613 | 0 | 0 | Mixed |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 356,962 | 382,102 | 0 | 0 | Mixed |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 4 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Owen Ryan
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Owen Ryan”): 114,814,141 for, 2,034,304 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,991,308 for, 8,461 against, 7,010 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,281 | 3 | 0 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,496 | 0 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 5 wordings of this item as funds reported it.
99% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Reginald E. Davis
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Reginald E. Davis”): 115,374,408 for, 1,669,781 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,926,617 for, 73,151 against, 7,011 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,753,008 | 6,276 | 1 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,496 | 0 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 5 wordings of this item as funds reported it.
94% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: William H. Cunningham
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: William H. Cunningham”): 109,938,059 for, 6,543,215 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 115 asset managers below reported 101,797,767 for, 202,002 against, 7,011 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,752,997 | 6,287 | 1 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,291 | 205 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 115 asset managers. See all 115 in the interactive database.
Combines 5 wordings of this item as funds reported it.
97% Majority: yes · of votes cast
Description as filed by funds: The election of ten directors for a one-year term expiring at the 2026 Annual Meeting: Deirdre P. Connelly
LINCOLN NATIONAL CORP.’s own tally for this item (“Elect Director: Deirdre P. Connelly”): 113,232,700 for, 3,601,028 against, per its Form 8-K filed May 23, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: Elected, in the filing’s own words: “Election of Directors The ten nominees for election to the Board were elected, each for a term expiring at the Company's 2026 Annual Meeting of Shareholders, based upon the following votes:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 114 asset managers below reported 98,541,398 for, 3,252,506 against, 12,877 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,277 | 8 | 1 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,496 | 0 | 0 | 0 | For |
| Hartford | 0 | 3,006,000 | 0 | 0 | Against |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 114 asset managers. See all 114 in the interactive database.
Combines 6 wordings of this item as funds reported it.
69% Approved · of votes cast
Description as filed by funds: THE APPROVAL OF AN AMENDMENT TO THE LINCOLN NATIONAL CORPORATION 2020 INCENTIVE COMPENSATION PLAN.
LINCOLN NATIONAL CORP.’s own tally for this item (“4. Approval of Amendment to Lincoln National Corporation 2020 Incentive Compensation Plan The proposal to approve the Amendment to the 2020 Plan”): 81,079,551 for, 35,673,743 against — passed, per its Form 8-K filed May 23, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Approval of Amendment to Lincoln National Corporation 2020 Incentive Compensation Plan The proposal to approve the Amendment to the 2020 Plan was approved based on the following votes:”
Support: 69% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of LINCOLN NATIONAL CORP.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Amend Omnibus Stock Plan” (7 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).
The 122 asset managers below reported 90,120,771 for, 11,815,689 against, 1 withheld, 53,164 abstained, 7,463 unknown.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,194 | 89 | 1 | 0 | For |
| Advisor Managed Portfolios | 13,926,950 | 336,622 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,000,000 | 776,166 | 0 | 0 | Mixed |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,438,540 | 2,956 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 0 | 2,227,374 | 0 | 0 | Against |
| Ultimus Managers Trust | 2,065,000 | 74,850 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 0 | 1,318,983 | 0 | 0 | Against |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 0 | 1,032,867 | 0 | 0 | Against |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 0 | 853,131 | 0 | 0 | Against |
| Guggenheim | 0 | 754,953 | 0 | 0 | Against |
| Jackson National | 327,754 | 411,310 | 0 | 0 | Mixed |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 0 | 452,098 | 0 | 0 | Against |
Showing the 25 largest of 122 asset managers. See all 122 in the interactive database.
Combines 14 wordings of this item as funds reported it.
94% Approved · of votes cast
Description as filed by funds: The approval of an advisory resolution on the compensation of our named executive officers.
LINCOLN NATIONAL CORP.’s own tally for this item (“3. Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the compensation paid to the Company's named executive officers, as disclosed in the Company's 2025 Proxy Statemen”): 109,461,830 for, 6,936,749 against — passed, per its Form 8-K filed May 23, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Advisory Resolution on Executive Compensation The proposal to approve an advisory resolution regarding the compensation paid to the Company's named executive officers, as disclosed in the Company's 2025 Proxy Statement, was approved based on the following votes:”
Support: 94% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Also reported under other wordings, matched to the same row of LINCOLN NATIONAL CORP.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Say on Pay” (2 managers, 530 for).
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,759,268 | 15 | 2 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,496 | 0 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,065,000 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Fund voting reports, all 115 managers: 101,340,464 for, 688,242 against, 1 withheld, 7,012 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Bramshill Investments, LLC | 52,693,775 | 0 | 0 | 0 | For |
| Morgan Stanley | 15,338,056 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 14,248,500 | 0 | 0 | 0 | For |
| JPMorgan | 10,654,139 | 0 | 0 | 0 | For |
| Wellington | 8,957,000 | 0 | 0 | 0 | For |
| RBC Capital Markets, LLC | 6,561,886 | 0 | 0 | 0 | For |
| State Street | 6,019,038 | 0 | 0 | 0 | For |
| Invesco | 5,763,616 | 0 | 0 | 0 | For |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 5,280,516 | 0 | 0 | 0 | For |
| Guggenheim | 4,530,000 | 0 | 0 | 0 | For |
| BlackRock | 3,521,295 | 222 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,867,264 | 0 | 0 | 0 | For |
| John Hancock | 2,841,117 | 0 | 0 | 0 | For |
| Northern Trust | 2,243,208 | 0 | 0 | 0 | For |
| Charles Schwab | 2,100,354 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 2,072,069 | 0 | 0 | 0 | For |
| Two Sigma | 1,904,049 | 0 | 0 | 0 | For |
| ROCKEFELLER FINANCIAL LLC | 1,807,398 | 0 | 0 | 0 | For |
| LSV ASSET MANAGEMENT | 1,474,861 | 0 | 0 | 0 | For |
| WESTWOOD HOLDINGS GROUP INC | 1,383,000 | 0 | 0 | 0 | For |
| AQR | 1,156,108 | 0 | 0 | 0 | For |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 996,535 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 976,941 | 0 | 0 | 0 | For |
| FIRST FOUNDATION ADVISORS | 940,110 | 0 | 0 | 0 | For |
| MARSHALL WACE, LLP | 913,603 | 0 | 0 | 0 | For |
No total is shown for the institutional-manager reports: their sum exceeds the company's reported shares outstanding. Showing the 25 largest; see all in the interactive database.
Combines 8 wordings of this item as funds reported it.
98% Approved · of votes cast
Description as filed by funds: THE RATIFICATION OF THE APPOINTMENT OF ERNST & YOUNG LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025.
LINCOLN NATIONAL CORP.’s own tally for this item (“2. Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditor for 2025”): 142,755,514 for, 3,480,266 against — passed, per its Form 8-K filed May 23, 2025 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Ratification of Auditors The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditor for 2025 was approved based on the following votes:”
Support: 98% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 118 asset managers below reported 102,100,959 for, 10,501 against, 7,010 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 16,753,003 | 6,281 | 0 | 0 | For |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 13,914,591 | 0 | 0 | 0 | For |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 7,776,166 | 0 | 0 | 0 | For |
| MFS | 3,842,541 | 0 | 0 | 0 | For |
| State Street | 3,441,291 | 205 | 0 | 0 | For |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 2,625,563 | 0 | 0 | 0 | For |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 2,355,600 | 0 | 0 | 0 | For |
| Dimensional | 2,227,374 | 0 | 0 | 0 | For |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 1,905,459 | 0 | 0 | 0 | For |
| HENNESSY FUNDS TRUST | 1,638,900 | 0 | 0 | 0 | For |
| John Hancock | 1,318,983 | 0 | 0 | 0 | For |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 1,300,100 | 0 | 0 | 0 | For |
| Principal | 1,032,867 | 0 | 0 | 0 | For |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 739,064 | 0 | 0 | 0 | For |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 551,200 | 0 | 0 | 0 | For |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 118 asset managers. See all 118 in the interactive database.
Combines 6 wordings of this item as funds reported it.
38% Not approved · of votes cast
Description as filed by funds: SHAREHOLDER PROPOSAL TO AMEND OUR GOVERNING DOCUMENTS TO PROVIDE FOR AN INDEPENDENT CHAIRMAN OF THE BOARD.
LINCOLN NATIONAL CORP.’s own tally for this item (“5. Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the Company's corporate governance documents to require an independent board chairman”): 44,660,726 for, 71,754,818 against — failed, per its Form 8-K filed May 23, 2025 (Item 5.07).
Reported outcome: Not approved, in the filing’s own words: “Non-Binding Shareholder Proposal Regarding Independent Board Chair The non-binding shareholder proposal to amend the Company's corporate governance documents to require an independent board chairman was not approved based on the following votes:”
Support: 38% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 117 asset managers below reported 39,960,287 for, 62,120,956 against, 1 withheld, 7,011 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 6,385 | 16,752,898 | 1 | 0 | Against |
| Advisor Managed Portfolios | 14,263,572 | 0 | 0 | 0 | For |
| BlackRock | 0 | 13,914,591 | 0 | 0 | Against |
| TOUCHSTONE STRATEGIC TRUST | 9,148,008 | 0 | 0 | 0 | For |
| First Trust | 776,166 | 7,000,000 | 0 | 0 | Mixed |
| MFS | 0 | 3,842,541 | 0 | 0 | Against |
| State Street | 2,956 | 3,438,540 | 0 | 0 | Against |
| Hartford | 3,006,000 | 0 | 0 | 0 | For |
| Fidelity | 96,700 | 2,528,863 | 0 | 0 | Against |
| Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 0 | 2,355,600 | 0 | 0 | Against |
| Dimensional | 0 | 2,227,374 | 0 | 0 | Against |
| Ultimus Managers Trust | 2,139,850 | 0 | 0 | 0 | For |
| Charles Schwab | 0 | 1,905,459 | 0 | 0 | Against |
| HENNESSY FUNDS TRUST | 0 | 1,638,900 | 0 | 0 | Against |
| John Hancock | 1,203,516 | 115,467 | 0 | 0 | Mixed |
| Flaherty & Crumrine Dynamic Preferred & Income Fund Inc | 0 | 1,300,100 | 0 | 0 | Against |
| Principal | 0 | 1,032,867 | 0 | 0 | Against |
| Invesco | 919,206 | 0 | 0 | 0 | For |
| WisdomTree | 853,131 | 0 | 0 | 0 | For |
| Guggenheim | 754,953 | 0 | 0 | 0 | For |
| Jackson National | 382,102 | 356,962 | 0 | 0 | Mixed |
| SEI | 568,966 | 0 | 0 | 0 | For |
| Global X | 556,299 | 0 | 0 | 0 | For |
| FLAHERTY & CRUMRINE TOTAL RETURN FUND INC | 0 | 551,200 | 0 | 0 | Against |
| FIRST EAGLE FUNDS | 452,098 | 0 | 0 | 0 | For |
Showing the 25 largest of 117 asset managers. See all 117 in the interactive database.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 170,733,897 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 9.82% |
| 2 | Advisor Managed Portfolios | 8.35% |
| 3 | BlackRock | 8.15% |
| 4 | TOUCHSTONE STRATEGIC TRUST | 5.36% |
| 5 | First Trust | 4.55% |
| 6 | MFS | 2.25% |
| 7 | State Street | 2.02% |
| 8 | Hartford | 1.76% |
| 9 | Fidelity | 1.54% |
| 10 | Flaherty & Crumrine PREFERRED & INCOME SECURITIES FUND INC | 1.38% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Bramshill Investments, LLC | 30.86% |
| 2 | Morgan Stanley | 8.98% |
| 3 | PARAMETRIC PORTFOLIO ASSOCIATES LLC | 8.35% |
| 4 | JPMorgan | 6.24% |
| 5 | Wellington | 5.25% |
| 6 | RBC Capital Markets, LLC | 3.84% |
| 7 | State Street | 3.53% |
| 8 | Invesco | 3.38% |
| 9 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 3.09% |
| 10 | Guggenheim | 2.65% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Lincoln Financial Investments Corporation | 11.69% | 13D |
| Bain Capital Prairie, LLC | 10.99% | 13D |
| Vanguard Portfolio Management | 6.13% | 13G |
| Lincoln National Corporation | 5.73% | 13D |
| Vanguard Capital Management | 5.61% | 13G |
| Ellen G. Cooper | 0.29% | DEF14A |
| Christopher Neczypor | 0.03% | DEF14A |
| James Reid | 0.03% | DEF14A |
| Owen Ryan | <0.01% | DEF14A |
| William H. Cunningham | <0.01% | DEF14A |
Percentages above are of 170,733,897 shares outstanding, as reported by LINCOLN NATIONAL CORP. on its Form 10-Q dated May 2, 2025 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from LINCOLN NATIONAL CORP.’s 10-Q dated May 2, 2025. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At LINCOLN NATIONAL CORP.'s shareholder meeting held May 22, 2025, in the 2024-2025 proxy season, 557 asset managers reported how they voted on 14 ballot items in their SEC Form N-PX filings, covering 6,409 separate fund positions. On the most widely held item on that ballot — The approval of an advisory resolution on the compensation of our named executive officers. — LINCOLN NATIONAL CORP.'s filing reports the proposal as approved, with 94% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: LINCOLN NATIONAL CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 23, 2025.
LINCOLN NATIONAL CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.