Meyers Brian K 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Lincoln Educational (LINC) CFO Brian Meyers Receives Award
What Happened Brian K. Meyers, CFO and Treasurer of Lincoln Educational Services Corp. (LINC), was granted 32,145 shares of restricted common stock under the company's 2020 Long-Term Incentive Plan on 2026-02-19. The award was granted at $0.00 (a compensation grant), not a market purchase or sale.
Key Details
- Transaction date: 2026-02-19; Form 4 filed: 2026-02-20 (timely).
- Transaction type/code: Award/Grant (A); 32,145 shares granted at $0.00.
- Shares owned after transaction: not specified in the filing.
- Vesting: 50% time-based, 50% performance-based. Time-based shares vest in substantially equal annual tranches over three years beginning March 1, 2027. Performance-based shares vest annually over three years based on achievement of company-set metrics.
- Performance multiplier: performance-based portion can increase up to 200% of the reported performance shares if targets are exceeded.
- No tax-withholding sale or immediate disposition reported.
Context Restricted stock awards are a form of compensation that vests over time and/or upon achievement of performance targets; they are not the same as an open-market purchase and do not by themselves indicate insider market sentiment. The performance portion’s potential upside (up to 200%) depends on future company performance and vesting conditions, so these shares are not immediately liquid.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-19+32,145→ 227,187 total
Footnotes (1)
- [F1]The reporting person was granted 32,145 shares of restricted common stock under the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. Fifty percent of the grant is subject to time-based vesting while the remaining fifty percent of the grant is subject to performance-based vesting. The shares of restricted common stock subject to performance based vesting will vest, if at all, upon the Company's achievement of metrics set by the registrant and may result in additional shares being issued up to a maximum of 200% of the performance-based shares reported above if the target set is exceeded. As to the time-based shares, the shares will vest, if at all, in substantially equal annual tranches over three years beginning on March 1, 2027. Similarly, as to the performance-based shares, the shares will vest, if at all, in annual tranches over three years with the number of shares vesting being determined based on the percentage of the target achieved.