Lincoln Educational (LINC) director granted $110,000 in restricted stock

Rhea-AI Filing Summary

LINCOLN EDUCATIONAL SERVICES CORP director Marta Newhart received a stock grant. She acquired 2,495 shares of Common Stock on May 7, 2026 at a value of $44.10 per share, as part of a compensation-related award rather than an open-market purchase.

The footnote states this Restricted Stock grant was valued at $110,000 on the grant date and the shares vest on the first anniversary of the grant date. After this award, Newhart directly holds 10,059 Common Stock shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Newhart Marta

Role null

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

Holdings After Transaction: Common Stock — 10,059 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted Stock grant: 2,495 shares Grant-date value per share: $44.10 per share Total grant value: $110,000 +1 more

4 metrics

Restricted Stock grant 2,495 shares Common Stock grant to director on May 7, 2026

Grant-date value per share $44.10 per share Value used for the 2,495-share grant

Total grant value $110,000 Restricted Stock valued on the grant date

Post-transaction holdings 10,059 shares Total Common Stock directly held after grant

Key Terms

Restricted Stock, vest, Grant, award, or other acquisition

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.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

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

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^*

Newhart Marta

(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)	10,059	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/ Marta Newhart	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)

FAQ

What did Marta Newhart report in the latest LINC Form 4 filing?

Director Marta Newhart reported receiving a grant of 2,495 shares of Lincoln Educational Services Common Stock. The award is in the form of Restricted Stock, tied to her role as a director and subject to a one-year vesting period from the grant date.

Was the Marta Newhart LINC Form 4 transaction a stock purchase or a grant?

The Form 4 shows a stock grant, not an open-market purchase. Code "A" represents a grant, award, or other acquisition, and the footnote clarifies it is a Restricted Stock grant provided as compensation, rather than shares bought in the market.

How many LINC shares did Marta Newhart hold after this Form 4 transaction?

After the transaction, Marta Newhart directly held 10,059 shares of Lincoln Educational Services Common Stock. This total includes the newly granted 2,495 Restricted Stock shares that are subject to a vesting schedule over the one-year period following the grant date.

What is the value and vesting schedule of Marta Newhart’s LINC Restricted Stock grant?

The Restricted Stock grant was valued at $110,000 on the grant date for 2,495 shares of Common Stock. According to the footnote, these shares vest in full on the first anniversary of the grant date, assuming any applicable service conditions are satisfied.

What price per share is associated with Marta Newhart’s LINC stock grant?

The Form 4 lists a value of $44.10 per share for the 2,495 shares of Common Stock granted to Marta Newhart. This figure reflects the grant-date value used to determine the $110,000 total value disclosed in the accompanying footnote.