secwatch.observer — SEC 8-K summary
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Issuer:     LINCOLN EDUCATIONAL SERVICES CORP (LINC)
CIK:        0001286613
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001140361-25-046577
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lincoln Educational extends employment of CEO, CFO, COO, GC, and CHRO through Dec 2028
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- New employment agreements with Scott Shaw (CEO), Brian Meyers (CFO), Chad Nyce (COO), Alexandra Luster (GC), Stephen Ace (CHRO) effective Dec 19, 2025.
- Base salary adjustments effective Jan 1, 2026: Shaw $669,500, Meyers $453,200, Nyce $453,200, Luster $317,474, Ace $309,000.
- Terms are substantially similar to prior agreements; each executive remains eligible for annual performance bonus based on Board criteria.
- Employment term runs through December 31, 2028, unless earlier terminated; prior agreements expired Dec 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1286613/000114036125046577/0001140361-25-046577-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1286613/000114036125046577/ef20061859_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-046577

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