BURKE JAMES J JR 4
4 · LINCOLN EDUCATIONAL SERVICES CORP · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Lincoln Educational (LINC) Director James J. Burke Jr. Sells Shares
What Happened
James J. Burke Jr., a director of Lincoln Educational Services Corp. (LINC), sold a total of 16,193 common shares in open-market transactions. He sold 193 shares on May 14, 2026 at a weighted average price of $51.76 for about $9,990, and 16,000 shares on May 18, 2026 at a weighted average price of $49.54 for about $792,640 — total proceeds approximately $802,630. These were sales (not purchases), which are often routine dispositions rather than bullish insider buying.
Key Details
- Transaction dates and prices:
- May 14, 2026: 193 shares sold at a weighted avg price $51.76 (range $51.72–$51.79) — ~$9,990. (Footnote F2)
- May 18, 2026: 16,000 shares sold at a weighted avg price $49.54 (range $49.45–$49.95) — ~$792,640. (Footnote F3)
- Filing: Form 4 filed May 18, 2026 (transactions reported on the filing); filing appears timely.
- Shares owned after transaction: Not disclosed on the Form 4.
- Notable footnote: Footnote F1 states the sales were completed in connection with the reporting person’s financial planning needs.
- Transaction code: S (sale, open market).
Context
Insider sales can reflect personal liquidity needs (as noted here) and don't necessarily indicate negative views about the company. No purchases, option exercises, gifts, or 10% owner transactions were reported in this filing. The filing provides weighted-average prices and ranges for the multiple trades and offers to provide a per-price breakdown to the SEC or issuer on request.
Insider Transaction Report
- Sale
Common Stock
[F2][F1]2026-05-14$51.76/sh−193$9,990→ 76,005 total - Sale
Common Stock
[F3][F1]2026-05-18$49.54/sh−16,000$792,640→ 60,005 total
Footnotes (3)
- [F1]The Reporting Person's sale of shares was completed in connection with his financial planning needs
- [F2]The reported price is a weighted average price. The shares were sold on May 14, 2026 in multiple transactions on the open market at prices ranging from $51.72 to $51.79. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F3]The reported price is a weighted average price. The shares were sold on May 18, 2026 in multiple transactions on the open market at prices ranging from $49.45 to $49.95. The reporting person hereby undertakes to provide to the Issuer or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.