---
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"
generated_at: "2026-06-02T16:36:54.649007+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lincoln Educational extends share buyback to May 2025; $29.7M remains available

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-024642
- JSON: https://secwatch.observer/filing/0001140361-24-024642.json
- Plain text: https://secwatch.observer/filing/0001140361-24-024642.txt

## Key facts
- Shareholder Votes
  LINCOLN EDUCATIONAL SERVICES CORP shareholders approved Advisory vote on executive compensation at the 2024-05-02 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-05-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm
- Shareholder Votes
  LINCOLN EDUCATIONAL SERVICES CORP shareholders approved Ratify appointment of Deloitte & Touche LLP as independent registered public accounting firm at the 2024-05-02 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2024-05-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm
- Shareholder Votes
  LINCOLN EDUCATIONAL SERVICES CORP shareholders approved Election of 8 directors for a one-year term at the 2024-05-02 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-05-02
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1286613/000114036124024642/0001140361-24-024642-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.