Lincoln Educational (LINC) CFO reports stock award and tax withholding

Rhea-AI Filing Summary

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.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Meyers Brian K

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	4,329	$0.00	--
Tax Withholding	Common Stock	30,734	$36.24	$1.11M

Holdings After Transaction: Common Stock — 231,516 shares (Direct)

Footnotes (1)

1. The Reporting Person was issued 4,329 additional shares of common stock pursuant to the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. The issuance of these additional shares relates to the vesting of the first tranche of a previously reported performance-based restricted stock award granted on February 19, 2025, and were issued based on performance metrics achieved above target. Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based shares and of the time-based shares of restricted stock previously granted by the Issuer on each of February 23, 2023, February 22, 2024, February 19, 2025 and March 1,2026.

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

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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^*

Meyers Brian K

(Last) (First) (Middle)

C/O LINCOLN EDUCATIONAL SERVICES CORPORA

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		A		4,329(1)	A	$0	231,516	D
Common Stock	03/01/2026		F		30,734(2)	D	$36.24	200,782	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 was issued 4,329 additional shares of common stock pursuant to the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. The issuance of these additional shares relates to the vesting of the first tranche of a previously reported performance-based restricted stock award granted on February 19, 2025, and were issued based on performance metrics achieved above target.

2. Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based shares and of the time-based shares of restricted stock previously granted by the Issuer on each of February 23, 2023, February 22, 2024, February 19, 2025 and March 1,2026.

	/s/ Brian K Meyers	03/03/2026
	** 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).
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FAQ

What insider transactions did LINC CFO Brian K. Meyers report?

Brian K. Meyers reported a stock award vesting and a related tax withholding. He received 4,329 Lincoln Educational common shares and had 30,734 shares withheld by the company to cover income taxes on multiple restricted stock vestings.

How many LINC shares did the CFO receive in the latest award?

The CFO received 4,329 additional shares of Lincoln Educational common stock. These were issued under the 2020 Long-Term Incentive Plan from a performance-based restricted stock award granted in February 2025 that vested based on performance above target.

Why were 30,734 LINC shares disposed of in this Form 4 filing?

The 30,734 shares were withheld by Lincoln Educational to pay income taxes owed by the CFO. The withholding related to the vesting and delivery of performance-based and time-based restricted stock granted between February 2023 and March 2026.

Did the LINC CFO make an open-market sale of shares?

No open-market sale is indicated. The disposition is coded as a tax-withholding transaction, meaning shares were withheld by Lincoln Educational to satisfy tax obligations upon restricted stock vesting, rather than sold at the CFO’s discretion in the market.

How many LINC shares does the CFO own after these transactions?

Following the reported award and tax withholding, the CFO directly owns 200,782 shares of Lincoln Educational common stock. This figure reflects both the 4,329-share performance-based award and the 30,734 shares withheld for income tax obligations.

What plan governed the new LINC stock issued to the CFO?

The new shares were issued under the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. They represent the first tranche of a performance-based restricted stock award granted on February 19, 2025, earned based on performance metrics achieved above target.