American Public Education (APEI) SVP granted RSUs, shares withheld

Rhea-AI Filing Summary

American Public Education, Inc. insider activity: SVP and General Counsel Thomas Beckett reported several stock-based compensation events. On January 30 and 31, 2026, the company withheld 1,742, 2,216, and 3,227 shares of common stock to cover taxes on vesting restricted stock units, including performance-based RSUs. On February 2, 2026, he was granted 5,277 RSUs at $0 per share under the 2017 Omnibus Incentive Plan, vesting in three equal annual installments. After these transactions, he directly beneficially owned 55,345 shares of APEI common stock.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider Beckett Thomas

Role SVP, General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Common Stock, par value $.01	5,277	$0.00	--
Tax Withholding	Common Stock, par value $.01	2,216	$42.30	$94K
Tax Withholding	Common Stock, par value $.01	3,227	$42.30	$137K
Tax Withholding	Common Stock, par value $.01	1,742	$41.78	$73K

Holdings After Transaction: Common Stock, par value $.01 — 55,345 shares (Direct)

Footnotes (1)

1. The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of restricted stock units ("RSUs"). The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of RSUs. The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of performance-based RSUs. RSUs granted pursuant to the American Public Education, Inc. 2017 Omnibus Incentive Plan, as amended. The RSUs vest in three equal annual installments commencing on the first anniversary of the grant 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^*

Beckett Thomas

(Last) (First) (Middle)

111 WEST CONGRESS STREET

(Street)

CHARLES TOWN WV 25414

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026

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

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

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

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	01/30/2026		F(1)		1,742	D	$41.78	55,511	D
Common Stock, par value $.01	01/31/2026		F(2)		2,216	D	$42.3	53,295	D
Common Stock, par value $.01	01/31/2026		F(3)		3,227	D	$42.3	50,068	D
Common Stock, par value $.01	02/02/2026		A		5,277(4)	A	$0	55,345	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. The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of restricted stock units ("RSUs").

2. The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of RSUs.

3. The issuer withheld shares of Common Stock from the reporting person to pay the tax withholding obligations related to the vesting of performance-based RSUs.

4. RSUs granted pursuant to the American Public Education, Inc. 2017 Omnibus Incentive Plan, as amended. The RSUs vest in three equal annual installments commencing on the first anniversary of the grant date.

Remarks:

Exhibit 24 - Power of Attorney

	/s// Edward Codispoti, Attorney-in-Fact	02/03/2026
	** 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.

FAQ

What insider transactions did APEI SVP Thomas Beckett report on this Form 4?

Thomas Beckett reported tax-related share withholdings and a new RSU grant. The company withheld shares upon RSU vesting and granted 5,277 restricted stock units that vest in three equal annual installments starting one year after the grant date.

How many APEI shares were withheld to cover Thomas Beckett’s tax obligations?

The company withheld 1,742, 2,216, and 3,227 APEI common shares. These withholdings covered tax obligations triggered by the vesting of time-based and performance-based restricted stock units, rather than representing discretionary open-market sales by the executive.

What are the key terms of the 5,277 RSUs granted to APEI SVP Thomas Beckett?

Beckett received 5,277 RSUs at a price of $0 per share. The award was granted under American Public Education’s 2017 Omnibus Incentive Plan and vests in three equal annual installments starting on the first anniversary of the grant date.

Did Thomas Beckett pay cash for the newly granted APEI RSUs?

He did not pay cash for the new RSUs. The Form 4 shows 5,277 restricted stock units acquired at a price of $0 per share, reflecting an equity compensation grant rather than an open-market purchase of American Public Education stock.

How many APEI shares does Thomas Beckett own after these transactions?

After the reported transactions, Thomas Beckett beneficially owned 55,345 APEI common shares directly. This figure reflects the net result of tax-related share withholdings and the acquisition of additional restricted stock units granted as equity compensation.

What plan governs the RSU grant reported by APEI SVP Thomas Beckett?

The RSU grant was made under the American Public Education, Inc. 2017 Omnibus Incentive Plan. According to the filing, the 5,277 restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date.