[144] LINCOLN EDUCATIONAL SERVICES CORP SEC Filing

Rhea-AI Filing Summary

Lincoln Educational Services Corp filed a Form 144 notice for the proposed resale of 3,000 shares of Common Stock. The shares relate to the vesting of restricted stock unit awards granted under the issuer's equity compensation plan on 05/05/2023. The filing lists $144,000.00 and reports 31,720,728 shares outstanding as of 06/10/2026.

Insights

Securities Lawyer

Routine affiliate resale notice tied to RSU vesting; procedural compliance.

The filing documents a proposed resale of 3,000 shares under Form 144, associated with the vesting of restricted stock units granted on 05/05/2023. Form 144 is a notice required when an affiliate intends to sell restricted or control securities in reliance on Rule 144.

Timing, method of sale, and whether proceeds will go to the issuer or selling holder are not specified in the excerpt; subsequent trade execution and Rule 144 volume limitations depend on the reported 31,720,728 shares outstanding as of 06/10/2026.

Equity Compensation Specialist

Vested RSUs being registered for resale; common liquidity event for grantees.

The entry notes the shares were granted as part of an issuer equity compensation plan and vested on 05/05/2023, with 3,000 shares listed for sale. This pattern typically reflects ordinary post-vesting liquidity by an affiliate rather than new issuance.

Whether shares are subject to sale restrictions, Rule 144 holding periods, or blackout windows is not stated; further filings or brokerage records would show execution details.

Key Figures

Shares proposed for resale: 3,000 shares Aggregate value listed: $144,000.00 Shares outstanding: 31,720,728 shares

3 metrics

Shares proposed for resale 3,000 shares Form 144 notice tied to RSU vesting on <date>05/05/2023</date>

Aggregate value listed $144,000.00 Amount shown alongside the 3,000-share entry in the filing

Shares outstanding 31,720,728 shares Reported as of <date>06/10/2026</date>

Key Terms

restricted stock unit awards, Form 144, vesting

3 terms

restricted stock unit awards financial

"Vesting of restricted stock unit awards | LINCOLN EDUCATIONAL SERVICES CORP"

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

"Filer Information | 144: Filer Information"

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.

vesting financial

"05/05/2023 | Vesting of restricted stock unit awards"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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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	3000	144000.00	31720728	06/10/2026	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	05/05/2023	Vesting of restricted stock unit awards	LINCOLN EDUCATIONAL SERVICES CORP			3000	05/05/2023	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)