Form 4: Juniper Investment Company Sells Shares of Lincoln Educational Services Corp (LINC)
SEC Form 4 Filing
Juniper Investment Company, a 10% owner of Lincoln Educational Services Corp, reports selling shares in multiple transactions between March 1st and March 5th, 2024.
Summary
- Juniper Investment Company, LLC, along with Juniper Targeted Opportunities, L.P., filed a Form 4 detailing changes in beneficial ownership of Lincoln Educational Services Corp (LINC).
- The report covers transactions that occurred between March 1, 2024, and March 5, 2024.
- Juniper Investment Company sold shares of LINC common stock at prices around $10.00 per share.
- On March 1, 2024, 6,423 shares were sold at a weighted average price of $10.01.
- On March 4, 2024, 2,331 shares were sold at a price of $10.00.
- On March 5, 2024, 828 shares were sold at a price of $10.00.
- Following these transactions, Juniper Targeted Opportunities, L.P. beneficially owns 1,283,808 shares.
- Juniper Targeted Opportunity Fund, L.P. beneficially owns 2,363,311 shares.
- John A. Bartholdson and Alexis P. Michas, as managing members of Juniper Investment Company, share voting and dispositive power over the shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting share sales. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about transactions.
Industry Context
This filing indicates changes in ownership by a significant shareholder, which is a common occurrence and is closely monitored by investors for insights into the shareholder's perspective on the company's prospects.
Stakeholder Impact
- Shareholders may react to the news of Juniper Investment Company selling shares, potentially impacting the stock price.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Sale of 6,423 shares of LINC common stock at a weighted average price of $10.01. |
| 03/04/2024 | Sale of 2,331 shares of LINC common stock at a price of $10.00. |
| 03/05/2024 | Sale of 828 shares of LINC common stock at a price of $10.00; Date of signatures for the Form 4 filings. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.