{"schema_version":"secwatch.filing_event.v1","accession":"0001019056-22-000668","form_type":"8-K","ticker":"LINC","cik":"0001286613","company_name":"LINCOLN EDUCATIONAL SERVICES CORP","filed_at":"2022-11-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.006843+00:00","generated_at":"2026-06-21T11:33:07.421202+00:00","sec_items":["8.01","7.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Lincoln Educational Services converts all 12,700 Series A Preferred shares to 5.38M common shares","bullets":["Converted 12,700 shares of Series A Preferred into 5,381,360 common shares at 4.23729 per preferred share.","Eliminates $1.2 million in annual preferred dividend payments, simplifying capital structure.","CEO Scott Shaw says conversion provides additional resources for strategic initiatives.","All rights to receive future dividends on preferred stock terminated."],"urls":{"canonical":"https://secwatch.observer/filing/0001019056-22-000668","json":"https://secwatch.observer/filing/0001019056-22-000668.json","markdown":"https://secwatch.observer/filing/0001019056-22-000668.md","text":"https://secwatch.observer/filing/0001019056-22-000668.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286613/000101905622000668/0001019056-22-000668-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286613/000101905622000668/lincoln_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T11:33:07.421202+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}