X0508 4 2026-03-01 0001286613 LINCOLN EDUCATIONAL SERVICES CORP LINC 0001330739 SHAW SCOTT M C/O LINCOLN EDUCATIONAL SERVICES CORP 14 SYLVAN WAY, STE A PARSIPPANY NJ 07054 true true CEO false Common Stock 2026-03-01 4 A 0 9991 0 A 1177680 D Common Stock 2026-03-01 4 F 0 72839 36.24 D 1104841 D The Reporting Person was issued 9,991 additional shares of common stock pursuant to the Lincoln Educational Services Corporation 2020 Long-Term Incentive Plan. The issuance of these additional shares relates to the vesting of the first tranche of a previously reported performance-based restricted stock award granted on February 19, 2025, and were issued based on performance metrics achieved above target. Consists of shares withheld by the Issuer with respect to income taxes payable by the Reporting Person upon the vesting and delivery of the performance-based shares and of the time-based shares of restricted stock previously granted by the Issuer on each of February 23, 2023, February 22, 2024, February 19, 2025 and March 1,2026. /s/ Scott M Shaw 2026-03-03