Scott M. Shaw - 01 Mar 2026 Form 4 Insider Report for LINCOLN EDUCATIONAL SERVICES CORP (LINC)

Reporting relationship: CEO, Director
Issuer ticker: LINC
Reported as of: 01 Mar 2026
Net transaction value: -$2,639,685
SEC form: 4
Accepted by SEC: 03 Mar 2026, 20:26:42 UTC
Prior SEC filing: 20 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Scott M Shaw

Key filing fact

Scott M. Shaw filed Form 4 for LINCOLN EDUCATIONAL SERVICES CORP (LINC) on 03 Mar 2026.

Key facts

This page summarizes Scott M. Shaw's Form 4 filing for LINCOLN EDUCATIONAL SERVICES CORP (LINC).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 03 Mar 2026, 20:26.

Change

Previous filing in this sequence was filed on 20 Feb 2026.
Current net transaction value: -$2,639,685.

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

Reporting Owners (1)

CIK 0001330739 Primary reporting owner

SHAW SCOTT M

Relationship: CEO, Director
Address: C/O LINCOLN EDUCATIONAL SERVICES CORP, 14 SYLVAN WAY, STE A, PARSIPPANY
Signature: /s/ Scott M Shaw
Signature date: 03 Mar 2026

Reported non-derivative transactions

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

LINC transaction

Common Stock

Award

Transaction value: $0
Shares: +9,991
Change %: +0.86%
Price: $0.000000
Shares after: 1,177,680
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F1

LINC transaction

Common Stock

Tax liability

Transaction value: $2,639,685
Shares: -72,839
Change %: -6.2%
Price: $36.24
Shares after: 1,104,841
Date: 01 Mar 2026
Ownership: Direct
Footnotes: F2

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

The Reporting Person was issued 9,991 additional shares of common stock pursuant to the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. The issuance of these additional shares relates to the vesting of the first tranche of a previously reported performance-based restricted stock award granted on February 19, 2025, and were issued based on performance metrics achieved above target.

Footnote F2

Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based shares and of the time-based shares of restricted stock previously granted by the Issuer on each of February 23, 2023, February 22, 2024, February 19, 2025 and March 1,2026.