BURKE JAMES J JR 4

What Happened
James J. Burke Jr, a director of Lincoln Educational Services Corp (LINC), sold 15,807 shares in open-market transactions on May 22, 2026. The filing reports a weighted average sale price of $48.36 per share for aggregate proceeds of approximately $764,427. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: May 22, 2026 (open-market sales).
• Reported price: weighted average $48.36; trades occurred at prices ranging from $48.31 to $48.42.
• Shares sold: 15,807; aggregate proceeds: ~$764,427.
• Footnote F1: sale completed in connection with the reporting person’s financial planning needs.
• Footnote F2: price is a weighted average; issuer/SEC staff can request breakdown of number of shares sold at each price within the reported range.
• Shares owned after the transaction: not specified in the provided filing.
• Filing date: May 27, 2026 — filed five days after the transaction date, which appears late relative to the typical two-business-day Form 4 deadline.

Context

• Open-market sales by insiders are often routine (e.g., for tax or financial planning) and do not necessarily signal company prospects; here the filer explicitly cites financial planning needs.
• Purchases by insiders generally carry more weight as a bullish signal; this report documents a disposal of shares.