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Grant4
LINCOLN EDUCATIONAL SERVICES CORP
LINC
Total Value
$0
Company Information
- Company Name
- LINCOLN EDUCATIONAL SERVICES CORP
- Ticker Symbol
- LINC
- CIK
- 0001286613
Insider Information
- Name
- Meyers Brian K
- Role
- Insider
- Location
- PARSIPPANY, NJ
Filing Details
- Filing Date
- Feb 20, 2026
- Transaction Date
- Feb 19, 2026
- Accession Number
- 0001286613-26-000021
- Form Type
- 4
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Feb 19, 2026 | Common Stock | 32,145 | — | Grant/Award | — |
Footnotes
- (F1)The reporting person was granted 32,145 shares of restricted common stock under the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. Fifty percent of the grant is subject to time-based vesting while the remaining fifty percent of the grant is subject to performance-based vesting. The shares of restricted common stock subject to performance based vesting will vest, if at all, upon the Company's achievement of metrics set by the registrant and may result in additional shares being issued up to a maximum of 200% of the performance-based shares reported above if the target set is exceeded. As to the time-based shares, the shares will vest, if at all, in substantially equal annual tranches over three years beginning on March 1, 2027. Similarly, as to the performance-based shares, the shares will vest, if at all, in annual tranches over three years with the number of shares vesting being determined based on the percentage of the target achieved.