Meyers Brian K 4

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.