David F. Carney, Executive Chairman at LINCOLN EDUCATIONAL SERVICES CORP (LINC), sold 80,300 shares at $24.91 ($2.0M) on 2010-05-13, disclosed to the SEC on 2010-05-17.
Scheduled sale ($2.0M) by Executive Chairman under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $24.91 | 40,000 | $996K | 49.8% |
| 2 | $24.70 | 7,500 | $185K | 9.3% |
| 3 | $24.98 | 32,800 | $819K | 40.9% |
| Total | $24.92 avg | 80,300 | $2.0M | 100% |
| Filing → |
| LINC | SELL | 2010-05-05 | $186K | — | Filing → |
| LINC | SELL | 2010-04-13 | $194K | — | Filing → |
| LINC | SELL | 2010-04-05 | $189K | — | Filing → |