BTIG files Form 144 for 275,000 LINC shares

BTIG, LLC reported Regulation 144 sale notices for Common Shares of LINC, including $9,748,750.00 tied to 275,000 shares and a trade date of 02/25/2026 on NASDAQ.

Rhea-AI Filing Summary

BTIG, LLC reported Regulation 144 sale notices for Common Shares of LINC, including $9,748,750.00 tied to 275,000 shares and a trade date of 02/25/2026 on NASDAQ. The filing also lists prior open‑market purchases dated 05/11/2017 through 05/16/2017 with reported lots of 84,654; 8,298; 80,530; and 101,518 shares.

Insights

Securities Compliance Analyst

Regulation 144 notice records specific resale quantities and prior purchase lots.

The filing lists a 275,000 share resale with an aggregate value of $9,748,750.00 and trade date 02/25/2026, identified with BTIG, LLC on NASDAQ. This is a routine disclosure under resale rules.

Reviewers should confirm that the sales meet volume and holding‑period conditions in Rule 144; subsequent SEC or broker records will show settlement details and any additional filings.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the LINC Form 144 filed by BTIG, LLC report?

The filing reports a Regulation 144 resale notice by BTIG, LLC for 275,000 shares valued at $9,748,750.00 with trade date 02/25/2026. It also lists earlier open‑market purchase lots from May 2017.

Does the Form 144 specify the exchange and trade date for the LINC shares?

Yes, the Form 144 identifies the exchange as NASDAQ and shows a trade date of 02/25/2026 tied to the 275,000 share resale and aggregate value of $9,748,750.00.

What prior transactions does the LINC filing list?

The filing lists prior open‑market purchases dated 05/11/2017 through 05/16/2017 with reported lot sizes of 84,654, 8,298, 80,530, and 101,518 shares, as shown in the excerpt.

Who appears as the selling broker or intermediary in the LINC Form 144?

The excerpt names BTIG, LLC with an address at 65 E 55th St, New York, NY 10022 as the filer associated with the reported resale notice for LINC shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/25/2026 - 04:55 PM EST Learn about SEC filing dates

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	0001286613
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	LINCOLN EDUCATIONAL SERVICES CORP
SEC File Number	021-162089
Address of Issuer	14 Sylvan Way Suite A Parsippany NEW JERSEY 07054
Phone	973-736-9340
Name of Person for Whose Account the Securities are To Be Sold	Juniper Targeted Opportunity Fund, L.P.
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	Affiliate

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 Shares	BTIG, LLC 65 E 55th St New York NY 10022	275000	9748750.00	31623795	02/25/2026	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 Shares	05/11/2017	Open market purchases	Open market purchases			84654	05/11/2017	Cash
Common Shares	05/12/2017	Open market purchases	Open market purchases			8298	05/12/2017	Cash
Common Shares	05/15/2017	Open market purchases	Open market purchases			80530	05/15/2017	Cash
Common Shares	05/16/2017	Open market purchases	Open market purchases			101518	05/16/2017	Cash

* 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	The securities referred to in this Form 144 are held directly by Juniper Targeted Opportunity Fund, L.P., a limited partnership of which Juniper HF Investors II, LLC is general partner. John A. Bartholdson is a Managing Member of Juniper HF Investors II, LLC and a director of the Issuer. The Aggregate Market Value is based on $35.45, the closing per share price on February 24, 2026. The Number of Shares or Other Units Outstanding represents shares outstanding as of November 10, 2025, as reported on the Issuer's Quarterly report on Form 10-Q filed November 10, 2025.
Date of Notice	02/25/2026
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	/s/ John A. Bartholdson for JUNIPER TARGETED OPPORTUNITIES, L.P. By: Juniper HF Investors II, LLC, its General Partner
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)