LINC director granted 2,495 restricted shares

LINCOLN EDUCATIONAL SERVICES CORP director Michael A. Plater received a grant of restricted stock, acquiring 2,495 shares of common stock at a value of $44.10 per share.

Rhea-AI Filing Summary

LINCOLN EDUCATIONAL SERVICES CORP director Michael A. Plater received a grant of restricted stock, acquiring 2,495 shares of common stock at a value of $44.10 per share. The award was valued at $110,000 on the grant date and is classified as compensation rather than an open-market purchase. These restricted shares vest on the first anniversary of the grant date, meaning they become fully owned after one year if the vesting conditions are met. Following this grant, Plater directly holds a total of 20,063 shares of the company’s common stock, giving context to the size of this award relative to his overall position.

Insider Trade Summary

Grant/Award: 2,495 shares

Grant/Award 1 txn

Insider Plater Michael A

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,495	$44.10	$110K

Holdings After Transaction: Common Stock — 20,063 shares (Direct)

Footnotes (1)

1. F1. Grant of Restricted Stock valued at $110,000 on the date of grant. These restricted shares vest on the first anniversary of the grant date.

Key Figures

Restricted stock shares granted: 2,495 shares Grant value: $110,000 Implied grant price: $44.10 per share +1 more

4 metrics

Restricted stock shares granted 2,495 shares Common Stock grant on transaction date

Grant value $110,000 Value of restricted stock on grant date

Implied grant price $44.10 per share Restricted stock value per share at grant

Post-transaction holdings 20,063 shares Total common shares directly held after grant

Key Terms

Restricted Stock, vest, grant, grant/award acquisition

4 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.

grant financial

"Grant of Restricted Stock valued at $110,000 on the date of grant."

grant/award acquisition financial

"transaction_action: grant/award acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Michael A. Plater acquire in the latest LINC Form 4 filing?

Michael A. Plater received a grant of 2,495 shares of Lincoln Educational Services common stock as restricted stock. The award is compensation, not an open-market purchase, and increases his direct holdings to 20,063 shares after the transaction.

How much was Michael A. Plater’s restricted stock grant at LINC worth?

The restricted stock grant to Michael A. Plater was valued at $110,000 on the grant date. This value reflects 2,495 shares at $44.10 per share, as disclosed, and represents a compensation award rather than a cash transaction.

When do Michael A. Plater’s newly granted LINC restricted shares vest?

The 2,495 restricted shares granted to Michael A. Plater vest on the first anniversary of the grant date. Vesting means the shares become fully owned after this one-year period, assuming any required service or conditions are satisfied.

Is Michael A. Plater’s LINC Form 4 transaction an open-market stock purchase?

No, the Form 4 describes a grant or award acquisition, not an open-market purchase. The 2,495 shares are restricted stock awarded as compensation, with a specified value and a one-year vesting schedule from the grant date.

How many LINC shares does Michael A. Plater hold after the restricted stock grant?

After the restricted stock grant, Michael A. Plater directly holds 20,063 shares of Lincoln Educational Services common stock. This total includes the newly awarded 2,495 restricted shares, providing context for his overall equity position in the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/08/2026 - 06:08 PM EDT Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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 NEW JERSEY 07054

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

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

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

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	05/07/2026		A		2,495	A	$44.1(1)	20,063	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. Grant of Restricted Stock valued at $110,000 on the date of grant. These restricted shares vest on the first anniversary of the grant date.

	/s/ Michael A Plater	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)