Lincoln Educational Services (LINC) files Form 144 reporting Common Stock sale notice

Rhea-AI Filing Summary

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.

Key Figures

Numeric field: 40,070 Dollar amount: $2,002,560.11 Shares figure: 31,720,728 +2 more

5 metrics

Numeric field 40,070 Listed in Common Stock row alongside broker details

Dollar amount $2,002,560.11 Listed in the same Common Stock row with date <date>05/12/2026</date>

Shares figure 31,720,728 Appears with date <date>05/12/2026</date>

RSUs vesting (2026) 30,070 Vesting of restricted stock unit awards on <date>03/01/2026</date>

RSUs vested (2025) 10,000 Vesting of restricted stock unit awards on <date>03/01/2025</date>

Key Terms

restricted stock unit awards, Form 144, Common Stock

3 terms

restricted stock unit awards financial

"Vesting of restricted stock unit awards"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Common Stock market

"Common Stock | Merrill Lynch 225 Liberty Street"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Merrill Lynch 225 Liberty Street Floor 37 New York NY 10281	40070	2002560.11	31720728	05/12/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/01/2026	Vesting of restricted stock unit awards	LINCOLN EDUCATIONAL SERVICES CORP			30070	03/01/2026	Granted as part of issuer equity compensation plan
Common Stock	03/01/2025	Vesting of restricted stock unit awards	LINCOLN EDUCATIONAL SERVICES CORP			10000	03/01/2025	Granted as part of issuer equity compensation plan

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does LINC's Form 144 report?

The filing reports a proposed sale notice for Common Stock, listing 40,070 (numeric field) and $2,002,560.11 with a date of 05/12/2026. It includes RSU vesting entries dated 03/01/2026 and 03/01/2025.

How many restricted stock units are shown vesting for LINC?

The excerpt shows 30,070 RSUs vesting on 03/01/2026 and 10,000 RSUs that vested on 03/01/2025. These appear labeled as granted under the issuer's equity compensation plan.

Who is the broker/dealer listed on the Form 144 for LINC?

The broker/dealer listed is Merrill Lynch at 225 Liberty Street Floor 37 New York NY 10281, shown alongside the Common Stock entries in the excerpt.

What is the shares figure shown with the 05/12/2026 date?

The excerpt includes the number 31,720,728 next to the date 05/12/2026. The filing places that number in the same row as Common Stock and other numeric fields.