J. Barry Morrow - Mar 1, 2024 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
Director
Signature
/s/ J Barry Morrow
Stock symbol
LINC
Transactions as of
Mar 1, 2024
Transactions value $
-$218,393
Form type
4
Date filed
3/5/2024, 05:02 PM
Previous filing
Feb 29, 2024
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Sale -$61.1K -6.11K -5.66% $10.00 102K Mar 1, 2024 Direct F1, F2
transaction LINC Common Stock Sale -$91.5K -9.19K -9.03% $9.95 92.6K Mar 4, 2024 Direct F1, F3
transaction LINC Common Stock Sale -$65.8K -6.64K -7.17% $9.91 86K Mar 5, 2024 Direct F4
* 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 March 1, 2024 in multiple transactions on the open market at prices ranging from $9.93 to $10.05. 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 March 4, 2024 in multiple transactions on the open market at prices ranging from $9.89 to $10.02. 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.
F4 The reported price is a weighted average price. The shares were sold on March 5, 2024 in multiple transactions on the open market at prices ranging from $9.79 to $10.01. 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.