Form 4: Director Kevin M. Carney Transfers Shares to Living Trust
SEC Form 4 Filing
Director Kevin M. Carney reports a transfer of shares to The Kevin M. Carney Living Trust and a disposal of shares.
Summary
- Kevin M. Carney, a director of Lincoln Educational Services Corp, filed a Form 4.
- The filing reports a transaction on May 19, 2025, where 46,293 shares of common stock were acquired by The Kevin M. Carney Living Trust.
- These shares were acquired at a price of $0.
- Following this transaction, the Reporting Person beneficially owns 46,293 shares indirectly through the trust.
- The filing also reports the disposal of 3,216 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, indicating a transfer of shares to a trust, with no inherent positive or negative implications for the company's performance.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect a change in the company's outlook or performance.
Stakeholder Impact
- The transfer of shares to a living trust is unlikely to have a direct impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/19/2025 | Date of the stock transfer to the Kevin M. Carney Living Trust and disposal of shares. |
| 05/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, LINC, Lincoln Educational Services Corp, Kevin M. Carney, Living Trust, Share Transfer
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