Lincoln Educational (LINC) COO Chad Nyce sells 8,450 shares

Rhea-AI Filing Summary

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.

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^*

Nyce Chad D

(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)
	EVP & Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		S		8,450	D(1)	$36.5(2)	174,206	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 10, 2026 in multiple transactions on the open market at prices ranging from $36.45 to $36.54. 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/ Chad D Nyce	03/12/2026
	** 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 Lincoln Educational Services (LINC) report for Chad D. Nyce?

Lincoln Educational Services reported that EVP & Chief Operating Officer Chad D. Nyce sold 8,450 shares of common stock. The transaction was an open-market sale completed on March 10, 2026, as part of his financial planning needs, according to the filing footnotes.

How many Lincoln Educational Services (LINC) shares did Chad D. Nyce sell and at what price?

Chad D. Nyce sold 8,450 shares of Lincoln Educational Services common stock. The weighted average sale price was $36.50 per share, with multiple trades executed in the open market between $36.45 and $36.54 on March 10, 2026, as disclosed in the footnote.

How many Lincoln Educational Services (LINC) shares does Chad D. Nyce hold after this sale?

After the reported transaction, Chad D. Nyce directly held 174,206 shares of Lincoln Educational Services common stock. This post-transaction balance shows that he retained a significant remaining position in the company following the 8,450-share open-market sale disclosed in the Form 4.

What reason was given for Chad D. Nyce’s sale of Lincoln Educational Services (LINC) shares?

The filing states that Chad D. Nyce’s share sale was completed in connection with his financial planning needs. This explanation in the footnote indicates the transaction was driven by personal financial considerations rather than being tied to company-specific events described in the disclosure.

Was Chad D. Nyce’s Lincoln Educational Services (LINC) trade a direct open-market sale?

Yes. The transaction is reported as an open-market sale of common stock held directly by Chad D. Nyce. The Form 4 lists the ownership type as direct, with the sale executed in multiple market transactions within a narrow price range around $36.50 per share.

Did the Lincoln Educational Services (LINC) filing describe any price range for Chad D. Nyce’s share sale?

Yes. The filing notes that the reported price is a weighted average and that individual trades occurred between $36.45 and $36.54 per share. It also states the reporting person will provide full price breakdown details to the issuer or SEC staff upon request.