Director at Lincoln Educational (LINC) receives $110,000 stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Young Sylvia Jean reported acquisition or exercise transactions in this Form 4 filing.
Lincoln Educational Services Corp director Sylvia Jean Young received a grant of 2,495 shares of common stock as restricted stock compensation. The grant was valued at $110,000 on the grant date at $44.10 per share. These restricted shares vest on the first anniversary of the grant date, and her direct holdings after the grant total 15,192 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Young Sylvia Jean
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,495 | $44.10 | $110K |
Holdings After Transaction:
Common Stock — 15,192 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock granted: 2,495 shares
Grant price per share: $44.10 per share
Grant value: $110,000
+2 more
5 metrics
Restricted stock granted
2,495 shares
Common Stock grant to director on grant date
Grant price per share
$44.10 per share
Valuation used for restricted stock grant
Grant value
$110,000
Value of restricted stock on grant date
Shares owned after grant
15,192 shares
Director’s direct holdings following transaction
Vesting period
1 year
Restricted shares vest on first anniversary of grant date
Key Terms
Restricted Stock, vest, Form 4
3 terms
Restricted Stock financial
"Grant of Restricted Stock valued at $110,000 on the date of grant."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vest financial
"These restricted shares vest on the first anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did LINC director Sylvia Jean Young report?
Director Sylvia Jean Young reported receiving a grant of 2,495 shares of Lincoln Educational Services common stock as restricted stock. This was a compensation-related award, not an open-market purchase or sale, and increases her direct ownership position in the company.
How much was Sylvia Jean Young’s LINC stock grant worth?
The restricted stock grant to Sylvia Jean Young was valued at $110,000 on the grant date. This valuation reflects a price of $44.10 per share for the 2,495 common shares awarded as part of her director compensation package.
Was Sylvia Jean Young’s LINC transaction a market purchase or sale?
The transaction was a grant of restricted stock reported with code A, meaning a grant, award, or other acquisition. It was not an open-market purchase or sale, but part of her director compensation in Lincoln Educational Services.