Lincoln Educational Services LINC Insider Ownership

NASDAQ LINC

$22.56 +0.02 (+0.09%)

At close: Oct 15, 2026 · 4:00 PM EDT

Insider Holdings by Owner

9.79Mn Shares

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

15.52%

■0% pp QoQ

Shares Held by Insiders

4.92Mn

filed for Sep 2026

■0.00% QoQ

Shares Outstanding

31.72Mn

31,722,150 shares

Direct Holdings

2.27Mn

Indirect: 2.66Mn

Net Shares Traded (QoQ)

no net change in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Insiders

Bought Sold

Latest quarter —

Net over range —

Buying quarters —

Insider Ownership Summary

Updated Oct 10, 2026

Over the past year, LINC insiders sold $31.77 million of stock (791.11K shares) on the open market and bought none.

A count shows 9 insiders selling LINC stock on the open market over the past 12 months and none buying.
Juniper Investment Company, LLC was LINC's largest open-market seller in the past 12 months, with $25.07 million of sales (630.35K shares); the latest was on June 12, 2026.
Alexandra M. Luster (SVP and General Counsel) made the most recent open-market trade by an insider of Lincoln Educational Services, a sale of 18.01K shares for $803,832 on June 15, 2026.
In transactions other than open-market trades, Lincoln Educational Services insiders received 128.84K shares in stock awards and gave up 137.36K shares to cover taxes or exercise prices over the past 12 months.
According to Business Quant data, insiders at Lincoln Educational Services reported 4.92Mn shares in total in their latest Form 4 filings, or 15.52% of the 31.72Mn shares outstanding; that total is unchanged from 4.92Mn shares at the end of Q2 2026 and down 13.88% from 5.72Mn shares at the end of Q3 2025.
Lincoln Educational Services insiders hold 2.27Mn shares directly (46.03% of their total) and 2.66Mn shares (53.97%) indirectly, through entities such as trusts and partnerships.
Holdings in Lincoln Educational Services stock are reported by 15 insiders, the officers, directors and 10% owners who have filed a Form 4 in the past two years.
Lincoln Educational Services' three largest insider shareholders, based on their latest Form 4 filings, are Juniper Investment Company, LLC (2.88Mn shares), Scott M. Shaw (CEO, 1.1Mn shares) and John A. Bartholdson (Director, 212.46K shares).
Juniper Investment Company, LLC holds 58.47% of the combined insider position in Lincoln Educational Services.
In the past year, 15 insiders of Lincoln Educational Services submitted 36 Form 4 filings reporting trades, awards or other transactions.
This summary of Lincoln Educational Services insider activity covers Form 4 filings through June 15, 2026.

Form 4 Holdings

Insiders Holding LINC

Insiders 18

Shares held 9.79Mn

Of outstanding 30.86%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Investment Company, Llc Juniper	Other	0	7,358,991	7,358,991	75.2%	15 Jun, 2026
2	Scott M Shaw	Ceo	1,104,841	0	1,104,841	11.3%	03 Mar, 2026
3	Stephen M Buchenot	Evp Of Campus Operations	213,177	0	213,177	2.2%	06 Jun, 2023
4	John A. Bartholdson	Chairman	212,458	0	212,458	2.2%	08 May, 2026
5	Chad D Nyce	Evp Chief Operating Officer	174,206	0	174,206	1.8%	12 Mar, 2026
6	Brian K Meyers	Cfo And Treasurer	160,712	0	160,712	1.6%	13 May, 2026
7	Stephen E Ace	Svp And Chief Human Resources	150,079	0	150,079	1.5%	03 Mar, 2026
8	James J Jr Burke	Director	117,901	0	117,901	1.2%	26 May, 2026
9	Alexandra M Luster	Svp And General Counsel	82,356	0	82,356	0.8%	15 Jun, 2026
10	J Barry Morrow	Director	53,163	0	53,163	0.5%	07 Mar, 2024
11	Ronald Edward Harbour	Director	44,555	0	44,555	0.5%	15 May, 2023
12	Kevin M Carney	Director	2,495	25,039	27,534	0.3%	10 Jun, 2026
13	Michael A Plater	Director	20,063	0	20,063	0.2%	08 May, 2026
14	Carlton Rose	Director	17,790	0	17,790	0.2%	08 May, 2026
15	Sylvia Jean Young	Director	15,192	0	15,192	0.2%	08 May, 2026
16	Felecia J. Pryor	Director	14,801	0	14,801	0.2%	04 Jun, 2026
17	Marta Newhart	Director	10,059	0	10,059	0.1%	08 May, 2026
18	Anna Escobedo Cabral	Director	10,059	0	10,059	0.1%	08 May, 2026

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

1,019 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
11 Jun, 2026	Investment Company, Llc Juniper	Other	Disposed S	11,812	$47.87	$565.39K	1,781,778	Indirect
15 Jun, 2026	Alexandra M Luster	Svp And General Counsel	Disposed S	18,007	$44.64	$803.83K	82,356	Direct
12 Jun, 2026	Investment Company, Llc Juniper	Other	Disposed S	37,000	$46.88	$1.73Mn	1,732,966	Indirect
08 Jun, 2026	Kevin M Carney	Director	Disposed J	3,216	$0.00	$0	2,495	Direct
08 Jun, 2026	Kevin M Carney	Director	Acquired J	3,216	$0.00	$0	28,039	Indirect
10 Jun, 2026	Kevin M Carney	Director	Disposed S	3,000	$48.00	$144.00K	25,039	Indirect
05 Jun, 2026	Alexandra M Luster	Svp And General Counsel	Disposed S	1,993	$50.11	$99.87K	100,363	Direct
03 Jun, 2026	Investment Company, Llc Juniper	Other	Disposed S	81,504	$50.10	$4.08Mn	1,806,986	Indirect
04 Jun, 2026	Investment Company, Llc Juniper	Other	Disposed S	25,208	$51.13	$1.29Mn	1,781,778	Indirect
03 Jun, 2026	Felecia J. Pryor	Director	Disposed S	2,000	$49.70	$99.40K	14,801	Direct
22 May, 2026	James J Jr Burke	Director	Disposed S	15,807	$48.36	$764.43K	44,198	Direct
14 May, 2026	Investment Company, Llc Juniper	Other	Disposed S	47,836	$51.16	$2.45Mn	—	Indirect
14 May, 2026	James J Jr Burke	Director	Disposed S	193	$51.76	$9.99K	76,005	Direct
18 May, 2026	James J Jr Burke	Director	Disposed S	16,000	$49.54	$792.64K	60,005	Direct
15 May, 2026	Investment Company, Llc Juniper	Other	Disposed S	1,985	$50.11	$99.47K	—	Indirect
12 May, 2026	Brian K Meyers	Cfo And Treasurer	Disposed S	40,070	$49.98	$2.00Mn	160,712	Direct
07 May, 2026	Michael A Plater	Director	Acquired A	2,495	$44.10	$110.03K	20,063	Direct
07 May, 2026	Felecia J. Pryor	Director	Acquired A	2,495	$44.10	$110.03K	16,801	Direct
07 May, 2026	Carlton Rose	Director	Acquired A	2,495	$44.10	$110.03K	17,790	Direct
07 May, 2026	John A. Bartholdson	Director	Acquired A	3,515	$44.10	$155.01K	212,458	Direct

Showing 1 to 20 of 1,019 transactions