Director at American Public Education (APEI) granted 2,135 shares

Rhea-AI Filing Summary

Statuto Richard J. reported acquisition or exercise transactions in this Form 4 filing.

AMERICAN PUBLIC EDUCATION INC director Richard J. Statuto received an equity grant of 2,135 shares of common stock under the company’s non-employee director compensation policy. This restricted stock award was granted in connection with the annual meeting, and Statuto now directly holds 6,775 shares after the grant.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Statuto Richard J.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01	2,135	$0.00	--

Holdings After Transaction: Common Stock, par value $.01 — 6,775 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted stock grant: 2,135 shares Post-transaction holdings: 6,775 shares Grant price per share: $0.00 per share

3 metrics

Restricted stock grant 2,135 shares Equity award to non-employee director on 2026-05-22

Post-transaction holdings 6,775 shares Director’s direct common stock holdings after grant

Grant price per share $0.00 per share Compensation-related restricted stock, no cash paid by director

Key Terms

restricted stock, director compensation policy, annual equity award, vests

4 terms

restricted stock financial

"each non-employee director receives an annual equity award of restricted stock"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

director compensation policy financial

"Under the director compensation policy for non-employee directors of American Public Education, Inc."

annual equity award financial

"each non-employee director receives an annual equity award of restricted stock"

vests financial

"that vests on the earlier of the anniversary of the award date"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Statuto Richard J.

(Last) (First) (Middle)

111 WEST CONGRESS STREET

(Street)

CHARLES TOWN WEST VIRGINIA 25414

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AMERICAN PUBLIC EDUCATION INC [ APEI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $.01	05/22/2026		A		2,135(1)	A	$0	6,775	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Under the director compensation policy for non-employee directors of American Public Education, Inc., each non-employee director receives an annual equity award of restricted stock at each annual meeting of stockholders that vests on the earlier of the anniversary of the award date and the date of the next annual meeting of stockholders.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Edward Codispoti, Attorney-in-Fact	05/26/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did APEI director Richard J. Statuto report on this Form 4?

Richard J. Statuto reported receiving an equity grant of 2,135 shares of AMERICAN PUBLIC EDUCATION INC common stock. The award is in stock, not cash, and reflects routine director compensation rather than an open-market purchase or sale.

Is the APEI Form 4 transaction a stock purchase or a compensation grant?

The Form 4 shows a grant or award of 2,135 shares, coded "A" for acquisition. This represents restricted stock granted as non-employee director compensation, not an open-market stock purchase or sale by the director.

How many APEI shares does Richard J. Statuto hold after this grant?

Following the 2,135-share restricted stock award, Richard J. Statuto directly holds 6,775 shares of AMERICAN PUBLIC EDUCATION INC common stock. This total reflects his direct ownership position reported after the compensation-related transaction.

What is the director compensation policy mentioned in the APEI Form 4 footnote?

Under APEI’s non-employee director compensation policy, each non-employee director receives an annual equity award of restricted stock at each annual stockholder meeting. The award vests on the earlier of the one-year anniversary or the next annual meeting date.

Was any price paid per share in the APEI director stock grant?

The reported price per share for the 2,135-share grant is $0.00, indicating a compensation-related restricted stock award. This means the director did not pay cash for the shares; they were granted as part of board service compensation.