Stephen M. Buchenot - 02 Jun 2023 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Reporting relationship: EVP of Campus Operations
Issuer ticker: LINC
Reported as of: 02 Jun 2023
Net transaction value: -$275,310
SEC form: 4
Accepted by SEC: 06 Jun 2023, 15:10:20 UTC
Prior SEC filing: 06 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Stephen M Buchenot

Key filing fact

Stephen M. Buchenot filed Form 4 for LINCOLN EDUCATIONAL SERVICES CORP (LINC) on 06 Jun 2023.

Key facts

This page summarizes Stephen M. Buchenot's Form 4 filing for LINCOLN EDUCATIONAL SERVICES CORP (LINC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 06 Jun 2023, 15:10.

Change

Previous filing in this sequence was filed on 06 Mar 2023.
Current net transaction value: -$275,310.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LINC transaction

Common Stock

Tax liability

Transaction value: $275,310
Shares: -39,670
Change %: -14%
Price: $6.94
Shares after: 251,118
Date: 02 Jun 2023
Ownership: Direct
Footnotes: F1

LINC transaction

Common Stock

Disposed to Issuer

Transaction value: $0
Shares: -37,941
Change %: -15%
Price: $0.000000
Shares after: 213,177
Date: 02 Jun 2023
Ownership: Direct
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Stephen M. Buchenot is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting of restricted stock.

Footnote F2

Represents the cancellation of previously granted restricted stock upon the reporting person's retirement in accordance with the terms of the reporting person's stock grant agreement.