Lincoln Educational (LINC) CFO sells 40,070 shares in open-market trade

Rhea-AI Filing Summary

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.

Insider Trade Summary

Net Seller: 40,070 shares ($2,002,699)

Net Sell 1 txn

Insider Meyers Brian K

Role CFO and Treasurer

Sold 40,070 shs ($2.00M)

Type	Security	Shares	Price	Value
Sale	Common Stock	40,070	$49.98	$2.00M

Holdings After Transaction: Common Stock — 160,712 shares (Direct, null)

Footnotes (1)

1. The Reporting Person's sale of shares was completed in connection with his financial planning needs The reported price is a weighted average price. The shares were sold on May 12, 2026 in multiple transactions on the open market at prices ranging from $49.30 to $50.68. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Shares sold: 40,070 shares Weighted average price: $49.98 per share Post-transaction holdings: 160,712 shares +1 more

4 metrics

Shares sold 40,070 shares Open-market sale on May 12, 2026

Weighted average price $49.98 per share Reported sale price for the transaction

Post-transaction holdings 160,712 shares Shares directly held after the sale

Price range of trades $49.30–$50.68 Range of prices for multiple open-market trades on May 12, 2026

Key Terms

open-market sale, weighted average price, financial planning needs, Form 4

4 terms

open-market sale financial

"transaction_action: open-market sale"

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.

weighted average price financial

"The reported price is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

financial planning needs financial

"sale of shares was completed in connection with his financial planning needs"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Meyers Brian K

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026

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	05/12/2026		S		40,070	D(1)	$49.98(2)	160,712	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

2. The reported price is a weighted average price. The shares were sold on May 12, 2026 in multiple transactions on the open market at prices ranging from $49.30 to $50.68. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

	/s/ Brian K Meyers	05/13/2026
	** 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 (LINC) report for Brian K. Meyers?

Brian K. Meyers sold 40,070 shares of Lincoln Educational common stock in an open-market transaction. The sale occurred on May 12, 2026, and was reported on Form 4 as a routine disclosure of executive trading activity.

At what price did the Lincoln Educational (LINC) CFO sell his shares?

The CFO’s sale was reported at a weighted average price of $49.98 per share. A footnote notes multiple trades were executed between $49.30 and $50.68 on May 12, 2026, all as open-market transactions.

How many Lincoln Educational (LINC) shares does the CFO hold after the sale?

Following the reported transaction, Brian K. Meyers directly holds 160,712 shares of Lincoln Educational common stock. This figure reflects his position after selling 40,070 shares in the open market on May 12, 2026.

Why did the Lincoln Educational (LINC) CFO sell 40,070 shares?

A footnote explains the sale was completed in connection with his financial planning needs. This language indicates the transaction was related to personal financial planning rather than any disclosed change in the company’s operations or outlook.

Was the Lincoln Educational (LINC) CFO’s share sale under a trading plan?

The disclosure states the CFO’s sale was an open-market transaction with a weighted average price and multiple trades between $49.30 and $50.68. The provided excerpt does not reference any Rule 10b5-1 or pre-arranged trading plan.