SEC Form 4 · accession 0001019056-26-000104
LINCOLN EDUCATIONAL SERVICES CORP · LINC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Period of report
Jun 3, 2026
Accepted (ET)
Jun 5, 2026 · 3:14 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001286613
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par value per shareF1,F2 | Jun 3, 2026 | S | 81,504 | $50.1004 | D | 1,806,986 | I | Juniper Targeted Opportunity Fund, L.P. |
| Common Stock, no par value per shareF3,F2 | Jun 4, 2026 | S | 25,208 | $51.1326 | D | 1,781,778 | I | Juniper Targeted Opportunity Fund, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average per share price with a range from $50.0400 and $50.3093. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission upon request.
- F2Represents 1,781,778 shares held by Juniper Targeted Opportunity Fund, L.P. (the "Juniper Fund"), of which Juniper Investment Company, LLC ("Juniper Investment") serves as the investment advisor. John A. Bartholdson, the Chairman of the Board of the Issuer, and another individual serve as the managing members of Juniper Investment. As a result, Mr. Bartholdson shares voting and dispositive power over such shares with the Juniper Fund, Juniper Investment and the other individual. Mr. Bartholdson disclaims beneficial ownership of such shares reflected herein except to the extent of his pecuniary interest therein.
- F3Represents the weighted average per share price with a range from $50.6000 and $51.2900. The reporting person undertakes to provide details of the trades to the Issuer or the Securities and Exchange Commission upon request.