Director Felecia J. Pryor sells LINC (LINC) shares for financial planning

Rhea-AI Filing Summary

LINCOLN EDUCATIONAL SERVICES CORP director Felecia J. Pryor sold 2,000 shares of Common Stock in an open-market transaction. The shares were sold at an average price of $49.70 per share. After this sale, she directly holds 14,801 shares of the company’s stock.

According to a footnote, this transaction was completed in connection with the reporting person’s financial planning needs, suggesting it was driven by personal portfolio considerations rather than a disclosed change in company outlook.

Insider Trade Summary

Net Seller: 2,000 shares ($99,400)

Net Sell 1 txn

Insider Pryor Felecia J.

Role null

Sold 2,000 shs ($99K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$49.70	$99K

Holdings After Transaction: Common Stock — 14,801 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 2,000 shares Sale price: $49.70 per share Shares held after transaction: 14,801 shares +1 more

4 metrics

Shares sold 2,000 shares Open-market sale of Common Stock

Sale price $49.70 per share Price for 2,000-share open-market sale

Shares held after transaction 14,801 shares Director’s direct holdings following sale

Transaction type Open-market sale Form 4 code S, non-derivative Common Stock

Key Terms

open-market sale, Common Stock, financial planning needs

3 terms

open-market sale financial

"The shares were sold at an average price of $49.70 per share in an open-market transaction."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"sold 2,000 shares of Common Stock in an open-market transaction."

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.

financial planning needs financial

"this transaction was completed in connection with the reporting person’s financial planning needs"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pryor Felecia J.

(Last) (First) (Middle)

C/O LINCOLN EDUCATIONAL SERVICES CORPORA

14 SYLVAN WAY, STE. A

(Street)

PARSIPPANY NEW JERSEY 07054

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LINCOLN EDUCATIONAL SERVICES CORP [ LINC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/03/2026		S		2,000	D(1)	$49.7	14,801	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The Reporting Person's sale of shares was completed in connection with his financial planning needs.

	/s/ Felecia J. Pryor	06/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LINCOLN EDUCATIONAL SERVICES CORP (LINC) disclose?

LINCOLN EDUCATIONAL SERVICES CORP reported that director Felecia J. Pryor sold 2,000 shares of Common Stock. The sale was an open-market transaction and was described as being completed in connection with her financial planning needs, according to the disclosed footnote.

At what price did Felecia J. Pryor sell LINC shares, and how many?

Felecia J. Pryor sold 2,000 shares of LINCOLN EDUCATIONAL SERVICES CORP Common Stock at an average price of $49.70 per share. This was a single reported open-market sale transaction on the referenced date in the Form 4 filing.

How many LINCOLN EDUCATIONAL SERVICES CORP shares does Felecia J. Pryor hold after the sale?

After the sale, Felecia J. Pryor directly holds 14,801 shares of LINCOLN EDUCATIONAL SERVICES CORP Common Stock. This post-transaction holding figure is disclosed in the Form 4 and reflects her remaining direct ownership position following the 2,000-share sale.

Was Felecia J. Pryor’s LINC stock sale part of a financial plan?

Yes. A footnote explains that the reporting person’s sale of LINCOLN EDUCATIONAL SERVICES CORP shares was completed in connection with the person’s financial planning needs. This suggests the transaction was motivated by personal financial considerations rather than any stated company-specific event.

Does the Form 4 show any option exercises or derivative trades for LINC?

No derivative transactions are listed in this Form 4 for LINCOLN EDUCATIONAL SERVICES CORP. The filing shows only a single non-derivative open-market sale of 2,000 shares of Common Stock, with no option exercises or other derivative activity reported.

Is Felecia J. Pryor a director or officer of LINCOLN EDUCATIONAL SERVICES CORP?

Felecia J. Pryor is identified in the Form 4 as a director of LINCOLN EDUCATIONAL SERVICES CORP. The filing does not list her as an officer, ten percent owner, or holding any other reported role beyond her directorship in the company.