Lincoln Educational Services filings document the regulatory record of a career-oriented post-secondary education company, including results releases furnished on Form 8-K, Regulation FD investor presentations and material agreements tied to corporate financing.
Recent disclosures include an amended and restated revolving credit facility, proxy materials for director elections, say-on-pay and auditor ratification, and annual-meeting voting results. The filings also identify governance matters, common-stock voting, subsidiary guarantees, collateral arrangements and other capital-structure terms relevant to the company's campus-based education operations.
Lincoln Educational Services Corporation ownership update: Alyeska Investment Group, L.P., Alyeska Fund GP, LLC and Anand Parekh report beneficial ownership of 777,833 shares of common stock, representing 2.44% of the class as of March 31, 2026.
The filing states 31,878,966 shares outstanding per the Annual Report to Security Holders dated March 26, 2026. The filing explains that Alyeska Investment Group, L.P. exercises voting and investment control over shares held by Alyeska Master Fund, L.P., and that Anand Parekh disclaims beneficial ownership.
LINC filing of a Form 144 notifies of proposed sales of issuer Common Stock tied to board compensation grants. The excerpt lists specific grant dates and share amounts dated 05/03/2017, 05/02/2020, and 05/01/2016, and a recent sale on 02/25/2026.
Lincoln Educational Services Chief Financial Officer Brian K. Meyers reported an open-market sale of 40,070 shares of common stock on May 12, 2026 at a weighted average price of $49.98 per share. After the transaction, he directly holds 160,712 shares. A footnote explains the sale was completed in connection with his financial planning needs and executed in multiple trades between $49.30 and $50.68.
Lincoln Educational Services Corporation, through its wholly owned subsidiary Lincoln Technical Institute, agreed to buy the Melrose Park, Illinois campus property it currently leases. The real estate at 8315-8317 W. North Avenue will be purchased from Melrose Omni, LLC for $18,800,000.00, subject to adjustments under the purchase and sale agreement.
The agreement includes customary representations, warranties, covenants and closing conditions, such as due diligence on the property’s condition, title and legal compliance. The parties anticipate closing the transaction on June 25, 2026, which would convert a leased campus location into an owned facility.
Lincoln Educational Services Corp. submitted a Form 144 notice reporting proposed sales of Common Stock. The filing lists 40,070 (numeric field) and $2,002,560.11 alongside 31,720,728 with an as of date of 05/12/2026. The excerpt also shows vesting of 30,070 restricted stock units on 03/01/2026 and 10,000 RSUs that vested on 03/01/2025.
Lincoln Educational Services Corporation reported sharply improved first‑quarter 2026 results. Revenue rose to $143.957 million from $117.506 million, a 22.5% increase driven mainly by 18.2% growth in average student population and tuition increases.
Net income more than doubled to $4.356 million from $1.944 million, with diluted EPS increasing to $0.14 from $0.06. Operating income margin improved to 4.5% of revenue from 2.9%, as selling, general and administrative costs fell as a share of revenue despite higher spending to support growth and new campuses.
Operating cash flow swung to an inflow of $4.566 million from an $8.378 million outflow a year earlier, while capital expenditures of $14.628 million continued to fund new campuses in Houston, Rowlett and Hicksville and facility upgrades. The company ended the quarter with $16.690 million in cash and later replaced its prior credit facility with a larger $125 million amended and restated revolving credit agreement maturing in 2031.
Lincoln Educational Services Corporation reported strong first quarter 2026 results and raised its full-year outlook. Revenue for the three months ended March 31, 2026 increased to 143,957 from 117,506 (in thousands), while net income rose to 4,356 from 1,944 (in thousands). Diluted earnings per share improved to $0.14 from $0.06.
Operating income nearly doubled to 6,407 from 3,413 (in thousands), and net cash provided by operating activities was 4,566 (in thousands), compared with net cash used of 8,378 (in thousands) a year earlier. Student starts grew 19.5%, with strong gains in Transportation and Skilled Trades programs.
Based on this performance, the company raised its 2026 guidance. It now expects revenue of $590–$600 million, adjusted EBITDA of $76–$80 million, net income of $23–$26 million, diluted EPS of $0.74–$0.83, and student start growth of 10%–14%, while maintaining capital expenditure guidance.
Bartholdson John A. reported acquisition or exercise transactions in this Form 4 filing.
Lincoln Educational Services director John A. Bartholdson received an award of 3,515 shares of restricted common stock valued at $155,000, based on a price of $44.10 per share. The restricted shares vest on the first anniversary of the grant date.
Following the award, Bartholdson holds 212,458 common shares directly. Separately, 1,938,311 shares are held by Juniper Targeted Opportunity Fund, L.P., where he shares voting and dispositive power and disclaims beneficial ownership except for his pecuniary interest.
Lincoln Educational Services Corporation reported that all proposals at its 2026 Annual Meeting were approved and outlined long-term growth plans. Shareholders elected 10 directors, with each nominee receiving about 23.5 million votes for and roughly 0.2–0.4 million votes withheld, with over 3.1 million broker non-votes.
Shareholders approved, on a non-binding advisory basis, executive compensation with 22.6 million votes for and 1.2 million against, and ratified Deloitte & Touche LLP as auditor with 26.8 million votes for. Management’s shareholder presentation highlighted a strategy focused on trades-focused education, new campuses and programs, and a forecast to exceed original 2027 targets of $550 million revenue and $90 million adjusted EBITDA, with expectations of over $600 million revenue and 24 campuses by 2027.
Carney Kevin M reported acquisition or exercise transactions in this Form 4 filing.
LINCOLN EDUCATIONAL SERVICES CORP director Kevin M. Carney received a restricted stock award of 2,495 common shares, valued at $110,000 on the grant date. The award is compensation, not a market purchase, and the restricted shares vest on the first anniversary of the grant date.
After this grant, Carney directly holds 5,711 common shares. Separately, 24,823 common shares are held indirectly by the Kevin M. Carney Living Trust, which is shown as an indirect ownership position in the filing.