James J. Burke Jr - Nov 13, 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
Nov 13, 2023
Transactions value $
-$43,899
Form type
4
Date filed
11/15/2023, 04:23 PM
Previous filing
Aug 11, 2023
Next filing
Nov 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Sale -$7.56K -788 -0.63% $9.60 124K Nov 13, 2023 Direct F1
transaction LINC Common Stock Sale -$36.3K -3.77K -3.04% $9.63 120K Nov 14, 2023 Direct F1, F2
holding LINC Common Stock 0 Nov 13, 2023 By Trust F3
* 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 November 14, 2023 in multiple transactions on the open market at prices ranging from $9.61 to $9.64. 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 Reporting Person does not possess (i) any pecuniary interest in shares held by the trustee or (ii) the power to revoke the trust. In addition, all of the beneficiaries of the trust are emancipated and do not share the same households as the Reporting Person.