Chairman Bartholdson sells 113,440 shares (75.6% of holdings) in 3 days for $1,764,532.77 at blended $15.55
Chairman John A. Bartholdson executed 3 separate sales over March 10–12, 2025, totaling 113,440 shares for $1,764,532.77 at a blended average price of $15.55, reducing his stake from 150,000 shares to 36,560 shares. The rapid succession of large sales—selling 75.6% of his pre-transaction holdings in just three days—stands out as a material reduction in insider ownership. The current stock price of $15.22 is now -18.0% from its 52-week high of $18.55 and down -12.7% over the prior 30 days, suggesting the sales occurred as the stock faced downward momentum. Notably, Bartholdson's cross-ticker track record shows 5 prior buys with poor average returns (avg 30d return -21.0%, 90d win rate 0.00%), and his 2 prior same-ticker sales at LINC in late February/early March remain too recent to measure outcomes; the scale and speed of this divestiture in a declining market warrants attention to any accompanying disclosures or material developments.