144 0001091323 XXXXXXXX LIVE 0001286613 Lincoln Educational Services Corp 000-51371 14 Sylvan Way Ste A Parsippany NJ 07054 973-736-9340 James J Burke Jr Director Common Stock UBS Financial Services Inc

1000 Harbor Blvd 3rd Floor Weehawken NJ 07086

32000 1630000 31720728 05/14/2026 Nasdaq Common Stock 05/03/2017 Board compensation Issuer N 10991 05/03/2017 N/A Common stock 05/02/2020 Board compensation Issuer N 17857 05/02/2020 N/A Common stock 05/01/2016 Board compensation Issuer N 3152 05/01/2016 N/A N James J Burke Jr

480 Park Avenue New York NY 10022

Common stock 02/25/2026 8557 297420 Shareholder received these shares as board compensation, no payment was made. 05/14/2026 /s/JOSEPH CASSIDY, for UBS Financial Services Inc, as attorney-in-fact for James J Burke Jr