BURKE JAMES J JR 4

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.