SHAW SCOTT M 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed Mar 3, 2026
Insider Transaction Report
Form 4
SHAW SCOTT M
DirectorCEO
Transactions
- Award
Common Stock
[F1]2026-03-01+9,991→ 1,177,680 total - Tax Payment
Common Stock
[F2]2026-03-01$36.24/sh−72,839$2,639,685→ 1,104,841 total
Footnotes (2)
- [F1]The Reporting Person was issued 9,991 additional shares of common stock pursuant to the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. The issuance of these additional shares relates to the vesting of the first tranche of a previously reported performance-based restricted stock award granted on February 19, 2025, and were issued based on performance metrics achieved above target.
- [F2]Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based shares and of the time-based shares of restricted stock previously granted by the Issuer on each of February 23, 2023, February 22, 2024, February 19, 2025 and March 1,2026.
Signature
/s/ Scott M Shaw|2026-03-03