Director at Lincoln Educational (LINC) sells 17,256 shares

Rhea-AI Filing Summary

Lincoln Educational Services director Michael A. Plater sold 17,256 shares of common stock in an open-market transaction on March 2, 2026, at a weighted average price of $35.73 per share. According to the filing, the sale was made in connection with his financial planning needs and occurred in multiple trades between $35.30 and $36.22. After these sales, he directly owns 17,568 shares.

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

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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^*

Plater Michael A

(Last) (First) (Middle)

C/O LINCOLN EDUCATIONAL SERVICES CORP.

14 SYLVAN WAY, STE. A

(Street)

PARSIPPANY NJ 07054

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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

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

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	03/02/2026		S		17,256	D(1)	$35.73(2)	17,568	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 March 2, 2026 in multiple transactions on the open market at prices ranging from $35.30 to $36.22. 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/ Michael A. Plater	03/02/2026
	** 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.

FAQ

What insider transaction did LINC report for Michael A. Plater?

Lincoln Educational Services reported that director Michael A. Plater sold 17,256 shares of common stock on March 2, 2026. The transaction was an open-market sale, disclosed on a Form 4 insider trading report.

How many Lincoln Educational Services (LINC) shares did Michael A. Plater sell and at what price?

Michael A. Plater sold 17,256 shares of Lincoln Educational Services common stock at a weighted average price of $35.73. The trades occurred in multiple transactions at prices ranging from $35.30 to $36.22 on March 2, 2026.

How many LINC shares does Michael A. Plater own after this Form 4 transaction?

After the reported sale, Michael A. Plater directly owns 17,568 shares of Lincoln Educational Services common stock. This post-transaction holding reflects his remaining direct ownership position as disclosed in the Form 4 filing.

What reason was given for Michael A. Plater’s sale of LINC shares?

The Form 4 footnote states that Michael A. Plater’s sale of Lincoln Educational Services shares was completed in connection with his financial planning needs. This explanation is explicitly provided as context for the open-market sale.

Were Michael A. Plater’s LINC share sales executed in a single trade or multiple trades?

The filing explains that Michael A. Plater’s sale was executed in multiple open-market transactions on March 2, 2026. Prices for these trades ranged from $35.30 to $36.22, resulting in a weighted average sale price of $35.73 per share.

What type of security did Michael A. Plater trade in the LINC Form 4 filing?

Michael A. Plater traded Lincoln Educational Services common stock in this Form 4 filing. The transaction is categorized as a non-derivative open-market sale, affecting his directly held common share position in the company.