Scott M. Shaw - Mar 9, 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Role
CEO, Director
Signature
/s/ Scott M. Shaw
Stock symbol
LINC
Transactions as of
Mar 9, 2023
Transactions value $
-$394,682
Form type
4
Date filed
3/13/2023, 06:54 PM
Previous filing
Mar 6, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LINC Common Stock Sale -$327K -53.2K -4.86% $6.14 1.04M Mar 9, 2023 Direct F1, F2
transaction LINC Common Stock Sale -$1.8K -300 -0.03% $6.00 1.04M Mar 10, 2023 Direct F1
transaction LINC Common Stock Sale -$66.3K -11.5K -1.11% $5.76 1.03M Mar 13, 2023 Direct F1, 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 shares were sold on March 9, 2023 in multiple transactions on the open market at prices ranging from $6.04 to $6.22.
F3 The shares were sold on March 13, 2023 in multiple transactions on the open market at prices ranging from $5.64 to $5.98.