BURKE JAMES J JR 4

What Happened

James J. Burke Jr, a director of Lincoln Educational Services Corp (LINC), sold a total of 8,557 shares in open‑market transactions across two days. On Feb 25, 2026 he sold 5,343 shares at a reported weighted average price of $34.69 for proceeds of $185,349. On Feb 26, 2026 he sold 3,214 shares at a reported weighted average price of $34.87 for proceeds of $112,072. Total proceeds were about $297,421. These were sales (neutral to mildly negative as routine insider sales are common; the filing notes they were for personal financial planning).

Key Details

• Transaction dates: Feb 25, 2026 and Feb 26, 2026 (open‑market sales, code S).
• Reported weighted average prices and proceeds:
  • Feb 25: 5,343 shares @ $34.69 = $185,349 (prices ranged $34.65–$34.81 per footnote).
  • Feb 26: 3,214 shares @ $34.87 = $112,072 (prices ranged $34.85–$34.93 per footnote).
• Combined: 8,557 shares for ≈ $297,421.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 states the sales were completed for the reporting person’s financial planning needs. F2/F3 note the reported prices are weighted averages across multiple market trades and the filer will provide per‑price breakdowns to the company or SEC staff on request.
• Filing timeliness: Form 4 was filed Feb 26, 2026 — appears to be timely (Form 4 is generally due within two business days of the transaction).

Context

• These were straightforward open‑market sales, not option exercises, grants, or gifts. The filer indicated the sales were for personal financial planning, which is a common reason for routine insider sales and does not by itself imply company outlook.
• For retail investors, purchases are usually more informative about insider confidence; sales can be routine or for personal needs.