In 2022, Dennis R. Glass earned $18.14M in total compensation at Lincoln National, including $693.00K salary and $17.44M in stock. Most recently sold 50,000 shares in May 2022. Currently holds stock worth $41.87M. Has donated $4.75M in stock to charitable causes. Led Lincoln National as CEO for 16 years.
Compensation History
Annual executive compensation data for Dennis R. Glass, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$18.14M
Salary
$693.00K
Bonus
$0.00
Other
$0.00
Salary
$693.00KBoard Justification
The compensation philosophy emphasizes alignment with company performance and shareholder interests, with a focus on long-term value creation through equity incentives.
Bonus
$0.00Board Justification
The annual incentive compensation for 2022 was below target due to company performance metrics not being met.
Other Compensation
$0.00Board Justification
No additional compensation was reported outside of salary, bonus, and vested stock.
Restricted Stock
Board Justification
All outstanding RSU awards vested in full upon retirement in May 2022, with the value realized based on the stock price at that time.
Performance Metrics
The performance metrics for 2022 included income from operations per share and business unit sales, which were not met.
Dennis R. Glass
Ex-CEO of Lincoln National
Education
Bachelor's degree from the University of Michigan.
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1956 - 69 years ago
CEO of Lincoln National for
16 years 0 months (May 2006 - May 2022)
Previous Experience
President and CEO of Lincoln National Corporation since 2006.
Other Lincoln National CEOs
Holdings
Track Dennis R. Glass's stock holdings and portfolio value over time.
Total Stock Sold
$133.28M
$133.28M
2,153,132 LNC shares
What if they kept their stock?
If Dennis R. Glass didn't sell their stock, today they would have:
Extra LNC2,153,132 shares worth $92.02M.
This is -30.95% and $41.25M less than what they got when they sold the stock.
Charitable Transactions
111,049 shares
LNC
Recent Charitable Transactions
3,800 shares
LNC
Dec 31, 2021
Charity
1,780 shares
LNC
Dec 31, 2018
Charity
80,000 shares
LNC
Dec 31, 2013
Charity
25,469 shares
LNC
Dec 31, 2011
Charity
Insider Trading
Dennis R. Glass's recent stock transactions, purchases, and sales filed with the SEC.
$2.91M
LNC at $58.13/share
May 27, 2022
Sale
78,518 shares
LNC
Feb 16, 2022
Received
$11.26M
LNC at $75.08/share
Oct 20, 2021
Sale
$10.81M
LNC at $72.05/share
Sep 27, 2021
Sale
3,800 shares
LNC
Dec 31, 2021
Charity
53,316 shares
LNC
Feb 18, 2021
Received
4,741 shares
LNC
Feb 17, 2021
Received
$13.66K
LNC at $34.15/share
Mar 10, 2020
Purchase
$1.00M
LNC at $35.87/share
Mar 6, 2020
Purchase
83,964 shares
LNC
Feb 19, 2020
Received
Rivals
Compare Dennis R. Glass with competitor CEOs and industry peers.