James J. Burke Jr - Aug 9, 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
Director
Signature
/s/ James J Burke, Jr
Stock symbol
LINC
Transactions as of
Aug 9, 2023
Transactions value $
-$357,009
Form type
4
Date filed
8/11/2023, 05:20 PM
Previous filing
May 9, 2023
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Sale -$186K -20.9K -12.66% $8.93 144K Aug 9, 2023 Direct F1, F2
transaction LINC Common Stock Sale -$171K -19.1K -13.27% $8.92 125K Aug 10, 2023 Direct F1, F3
holding LINC Common Stock 20K Aug 9, 2023 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 August 9, 2023 in multiple transactions on the open market at prices ranging from $8.90 to $8.97. 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 August 10, 2023 in multiple transactions on the open market at prices ranging from $8.88 to $8.98. 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.