Different softwood lignin O‐acyl derivatives, i.e., methacrylated, hexanoylated, benzoylated, methoxybenzoylated, and cinnamoylated lignin are synthesized and subjected to melt spinning. In the presence of spinning aids such as vanillin and ethylene glycol dimethacrylate, multifilament melt spinning is accomplished with spinning speeds up to 500 m min−1, which allowed for realizing uniform precursor fibers 17 μm in diameter. Out of all acyl‐derivatives of softwood lignin investigated, cinnamoylated softwood lignin (CL) turned out to be superior in terms of processability. CL‐derived precursor fibers are oxidatively thermostabilized and then carbonized applying carbonization temperatures up to 2200 °C. Carbon fiber structure formation is followed in detail by wide‐angle X‐ray scattering and Raman spectroscopy. An orientation ≤53% and a d 002 spacing of 0.353 nm is achieved. According to small angle X‐ray scattering, carbon fibers have a porosity of ≈38%. CL‐derived carbon fibers are also characterized in terms of mechanical properties. Tensile strengths up to 0.93 GPa (average 0.75 GPa) are obtained and follow Weibull statistics. Elastic moduli are ≤66.5 GPa (average 41.1 GPa). Different softwood lignin O‐acyl derivatives are subjected to multifilament melt spinning with spinning speeds up to 500 m min–1. Cinnamoylated softwood lignin‐(CL) derived precursor fibers are oxidatively thermostabilized and carbonized. An orientation ≤53% and a d002 spacing of 0.353 nm is achieved. Tensile strengths up to 0.93 GPa are obtained and followed Weibull statistics. Elastic moduli are ≤66.5 GPa.