Juniper Investment Company, LLC 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
LINC: Juniper Investment (Affiliate) Sells 150,000 Shares
What Happened
Juniper Investment Company, LLC (an affiliate and investment advisor) disposed of 150,000 shares of Lincoln Educational Services Corp. (LINC) in an open-market/private sale on 2026-02-25. The weighted average price was $35.67 per share (range $35.55–$35.87), for total proceeds of roughly $5,350,500. This filing reports a sale (disposition), not a purchase.
Key Details
- Transaction date: 2026-02-25 (sale). Form 4 filed: 2026-03-03 — appears to be filed after the two-business-day Form 4 deadline.
- Price: weighted average $35.67; reported range $35.55–$35.87 (Footnote F1). Reporting person will provide trade details to the issuer/SEC on request.
- Shares sold: 150,000; proceeds ≈ $5,350,500.
- Shares reported beneficially owned after transaction: 1,938,311 (per Footnote F2) — held by Juniper Targeted Opportunity Fund, L.P., for which Juniper Investment is advisor.
- Governance note (F2): John A. Bartholdson is a managing member of Juniper Investment and shares voting/dispositive power; he disclaims beneficial ownership except to the extent of any pecuniary interest.
Context
This is an institutional/affiliate sale by an investment adviser to a fund, not a direct disclosure of an individual executive’s personal trade. Such sales can be routine portfolio management and do not, by themselves, indicate company outlook; purchases are generally considered more informative about insider sentiment.
Insider Transaction Report
- Sale
Common Stock, no par value per share
[F1][F2]2026-02-25$35.67/sh−150,000$5,350,500→ 1,938,311 total(indirect: Juniper Targeted Opportunity Fund, L.P.)
Footnotes (2)
- [F1]Represents the weighted average per share price with a range from $35.55 and $35.87. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission upon request.
- [F2]Represents 1,938,311 shares held by Juniper Targeted Opportunity Fund, L.P. (the "Juniper Fund"), of which Juniper Investment Company, LLC ("Juniper Investment") serves as the investment advisor. John A. Bartholdson, the Chairman of the Board of the Reporting Person, and another individual serve as the managing members of Juniper Investment. As a result, Mr. Bartholdson shares voting and dispositive power over such shares with the Juniper Fund, Juniper Investment and the other individual. Mr. Bartholdson disclaims beneficial ownership of such shares reflected herein except to the extent of his pecuniary interest therein.