Welcome to our dedicated page for Lincoln Edl Svcs SEC filings (Ticker: LINC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for Lincoln Educational Services Corporation (Nasdaq: LINC) provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As a New Jersey corporation in the educational services sector, Lincoln uses these filings to report financial results, describe its business, and outline risks associated with its operations.
Among the key documents available are Form 10-K annual reports, which describe Lincoln’s business model as a provider of career-oriented post-secondary education, summarize its operating segments such as Campus Operations and Transitional, and discuss regulatory considerations relevant to for-profit education providers. Form 10-Q quarterly reports offer interim updates on revenue, student metrics, segment performance and liquidity.
Lincoln also files Form 8-K current reports to furnish press releases announcing quarterly financial results. For example, the company has used Form 8-K to provide its second and third quarter 2025 earnings releases, including commentary on student starts, campus development activity and updated financial guidance. These 8-K filings give investors timely access to management’s discussion of recent performance.
In addition to periodic and current reports, investors may review proxy statements and other filings that address governance, executive compensation and shareholder matters, as applicable. Filings related to insider share activity, such as Form 4, can also be consulted to track reportable transactions by directors and officers.
On Stock Titan, Lincoln Educational Services’ SEC filings are presented with AI-powered summaries that highlight the main points of lengthy documents, helping readers quickly identify key disclosures in 10-Ks, 10-Qs, 8-Ks and other forms. Real-time updates from the EDGAR system ensure that new filings appear promptly, while structured access to forms and exhibits allows for more detailed review when needed.
The Vanguard Group filed an amendment to its Schedule 13G reporting for Lincoln Educational Services Corp, stating it beneficially owns 0 shares of common stock, representing 0% of the class. The filing notes an internal realignment effective January 12, 2026, after which certain Vanguard subsidiaries report ownership separately in reliance on SEC Release No. 34-39538.
The amendment is signed by Ashley Grim, Head of Global Fund Administration, and lists Vanguard's principal business address in Malvern, Pennsylvania.
Lincoln Educational Services Corporation is asking shareholders to vote at its 2026 virtual annual meeting on May 7, 2026. Holders of 31,696,582 shares of common stock outstanding as of March 18, 2026 can attend online, submit questions, and vote using a control number.
Shareholders will elect ten directors, cast a non-binding advisory say-on-pay vote on executive compensation, and ratify Deloitte & Touche LLP as independent auditor for 2026. The company emphasizes a pay-for-performance program: in 2025 executives’ annual incentives were tied to adjusted EBITDA, revenue, and student placement, paying out 174.6% of target.
For 2025, adjusted EBITDA reached $67.1 million versus a $58.7 million target, leading to a 171.8% vesting of one performance-based restricted stock tranche. At the 2025 annual meeting, approximately 94.5% of votes cast supported the company’s executive compensation program.
Lincoln Educational Services Corporation hosted an Investor Day where leaders outlined near-term guidance and long-term growth plans through 2030. Management expects first quarter 2026 student start growth to rise about 19% year over year, reflecting continued strong demand for skilled-trades and healthcare training.
For full-year 2026, the company targets revenue of $580 million to $590 million versus $518 million in 2025, adjusted EBITDA of $72 million to $76 million versus $57 million, and net income of $20 million to $23 million with diluted EPS of $0.64 to $0.74. Capital expenditures are projected at $70 million to $75 million, roughly 70% tied to new campuses and program expansions.
Lincoln projects approximately 8% to 13% growth in student starts from 20,906 in 2025 and highlights that revenue and adjusted EBITDA are approaching or exceeding prior 2027 goals a year early. By 2030, the company targets about $850 million in revenue, doubled adjusted EBITDA, and tripled net income, supported by organic growth, a hybrid learning model, and a pipeline of new campuses in underserved markets.
Lincoln Educational Services EVP & Chief Operating Officer Chad D. Nyce sold 8,450 shares of common stock in an open-market transaction. The sale occurred on March 10, 2026 at a weighted average price of $36.50 per share, with individual trades between $36.45 and $36.54.
According to the disclosure, the sale was completed in connection with his financial planning needs. After this transaction, Nyce directly held 174,206 shares of Lincoln Educational Services common stock.
Lincoln Educational Services director Sylvia Jean Young reported an open-market sale of 7,959 shares of common stock on March 6, 2026, at a weighted average price of $35.81 per share. After this transaction, she directly holds 12,697 shares. The filing notes the sale was completed in connection with her financial planning needs, with trade prices ranging from $35.79 to $35.87.
Lincoln Educational Services Corp submitted a Form 144 notice concerning Common Stock tied to vesting restricted stock unit awards. The filing lists 1,626 shares vested on 05/05/2023 and 6,333 shares vested on 05/05/2024. The broker listed is Merrill Lynch at 225 Liberty Street, New York, and the form shows a filing-related date of 03/06/2026.
Lincoln Educational Services Corp CFO and Treasurer Brian K. Meyers reported equity award vesting and related tax withholding in company stock. He acquired 4,329 shares of common stock at no cost under the 2020 Long-Term Incentive Plan, tied to a performance-based restricted stock award granted on February 19, 2025, that vested above target. To cover income taxes due on the vesting and delivery of these performance-based shares and previously granted time-based restricted stock, 30,734 shares were withheld by the company. After these transactions, Meyers directly owned 200,782 shares of common stock.
Lincoln Educational Services CEO Scott M. Shaw reported two stock transactions. He received a grant of 9,991 shares of common stock under the 2020 Long-Term Incentive Plan, tied to performance-based restricted stock that vested above target. In a separate tax-withholding disposition, 72,839 shares were withheld by the company at $36.24 per share to cover income taxes due on the vesting and delivery of performance-based and time-based restricted stock awards.