Form 4: Lincoln Educational Services Director J Barry Morrow Sells Shares

Director J Barry Morrow sold shares of Lincoln Educational Services Corp (LINC) on March 6 and 7, 2024, for financial planning needs.

Summary

• J Barry Morrow, a director of Lincoln Educational Services Corp (LINC), sold shares of the company's common stock on March 6 and March 7, 2024.
• On March 6, 2024, Morrow sold 22,610 shares at a weighted average price of $10.04, with individual prices ranging from $9.88 to $10.17.
• Following this transaction, Morrow directly owned 63,356 shares.
• On March 7, 2024, Morrow sold 10,193 shares at a weighted average price of $10.08, with individual prices ranging from $9.94 to $10.38.
• Following this transaction, Morrow directly owned 53,163 shares.
• The sales were completed in connection with Morrow's financial planning needs.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a company director. It doesn't inherently convey positive or negative sentiment.

Management Comments

• The Reporting Person's sale of shares was completed in connection with his financial planning needs.

Industry Context

This is a routine disclosure of insider trading activity. It's common for executives and directors to periodically sell shares for personal financial planning.

Stakeholder Impact

• The sale of shares by a director could potentially create short-term uncertainty among shareholders.

Key Dates