BURKE JAMES J JR 4

What Happened
James J. Burke Jr., a director of Lincoln Educational Services Corp. (LINC), was granted 2,495 restricted shares on 2026-05-07 at an attributed price of $44.10 per share (2,495 × $44.10 = $110,030). The Form 4 classifies the transaction as an award/grant (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-07; filing date: 2026-05-08 (Form 4 filed the next day).
• Price / value reported on the trade line: $44.10 per share; total = $110,030 (note footnote states grant valued at $110,000).
• Shares granted: 2,495 restricted shares.
• Vesting: Footnote F1 — these restricted shares vest on the first anniversary of the grant date.
• Shares owned after transaction: not reported in the provided data; see the full Form 4 for current holdings.
• Transaction type: Award/Grant (compensation), not a market purchase or sale.

Context
Restricted stock grants are typically part of compensation or retention packages for executives and directors. They do not represent an immediate open-market purchase and may not indicate short-term trading conviction; they align the recipient’s interests with shareholders over the vesting period.