Form 4: Lincoln Educational Services Director Receives Restricted Stock Grant

Marta Newhart, a director at Lincoln Educational Services, was granted 4,348 shares of restricted stock valued at $50,000 on June 27, 2024, which will vest on May 2, 2025.

Summary

• Marta Newhart, a director of Lincoln Educational Services Corp, received a grant of 4,348 shares of restricted stock on June 27, 2024.
• The grant was valued at $50,000, based on a share price of $11.50 on the grant date.
• The restricted stock was issued under the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan.
• The shares will vest on May 2, 2025.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of restricted stock aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution to the company's success.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Grants of restricted stock are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Comparison to Industry Standards

• Equity compensation practices vary across industries and company sizes.
• Comparing the size and vesting schedule of this grant to similar companies in the education sector would provide a better understanding of its competitiveness.
• Companies like Adtalem Global Education (ATGE) and Strategic Education (STRA) could be considered for benchmarking executive compensation practices.

Stakeholder Impact

• The grant of restricted stock could have a slightly positive impact on shareholder sentiment, as it aligns the director's interests with the company's long-term success.

Key Dates