{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-024642","form_type":"8-K","ticker":"LINC","cik":"0001286613","company_name":"LINCOLN EDUCATIONAL SERVICES CORP","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.717622+00:00","generated_at":"2026-06-02T16:36:54.649007+00:00","sec_items":["5.07","7.01","8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Lincoln Educational extends share buyback to May 2025; $29.7M remains available","bullets":["Board extended $40M repurchase program through May 24, 2025.","1.7M shares repurchased at avg $5.95 for total $10.3M since program inception.","$29.7M remains unused under the authorization.","CEO cites commitment to balance sheet optimization and shareholder value.","All director nominees elected; auditor ratification and say-on-pay approved at annual meeting."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-024642","json":"https://secwatch.observer/filing/0001140361-24-024642.json","markdown":"https://secwatch.observer/filing/0001140361-24-024642.md","text":"https://secwatch.observer/filing/0001140361-24-024642.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/ef20028557_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T16:36:54.649007+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":[{"claim_id":"2b018d8002beb06fa77f77d38e65e2b77d76d977","claim":"LINCOLN EDUCATIONAL SERVICES CORP shareholders approved Advisory vote on executive compensation at the 2024-05-02 meeting.","evidence_excerpt":"Proposal Number 2 : To approve, on a non-binding advisory basis, the compensation of our named executive officers as disclosed in the Company’s proxy statement. The proposal was approved by a vote of the shareholders as follows: Votes For Votes Against Abstentions Broker Non-Votes 19,875,738 1,438,503 317,652 5,365,505","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-02"}],"fact_type":"shareholder_vote"},{"claim_id":"4e382aae5d1f8a98015d1c965dac712a59355558","claim":"LINCOLN EDUCATIONAL SERVICES CORP shareholders approved Ratify appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-05-02 meeting.","evidence_excerpt":"Proposal Number 3 : To ratify the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The proposal was approved by a vote of the shareholders as follows: Votes For Votes Against Abstentions Broker Non-Votes 25,734,452 1,255,352 7,594 not applicable","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-02"}],"fact_type":"shareholder_vote"},{"claim_id":"5d1f395b7620af5461d19aca1d9884f6e3e559dc","claim":"LINCOLN EDUCATIONAL SERVICES CORP shareholders approved Election of 8 directors for a one-year term at the 2024-05-02 meeting.","evidence_excerpt":"Proposal Number 1 : To elect the following 8 individuals named in the Company’s proxy statement as directors of the Company for a one-year term which will expire at the 2025 Annual Meeting of Shareholders and until their successors are duly elected and qualified. Each nominee for director was elected by a vote of the shareholders as follows: Nominee Votes For Votes Withheld Broker Non-Votes John A. Bartholdson 19,648,772 1,983,121 5,365,505","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm","confidence":0.9,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2024-05-02"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}