APEI (NASDAQ: APEI) SVP and General Counsel sells 2,000 shares under 10b5-1 plan

Rhea-AI Filing Summary

AMERICAN PUBLIC EDUCATION INC senior vice president and general counsel Thomas Beckett sold 2,000 shares of common stock in an open-market transaction at $54.00 per share. After the sale, he directly holds 52,172 shares. The transaction was carried out under a pre-existing Rule 10b5-1 trading plan adopted on March 16, 2026, indicating it was pre-scheduled rather than a discretionary trade.

Insider Trade Summary 10b5-1

Net Seller: 2,000 shares ($108,000)

Net Sell 1 txn

Insider Beckett Thomas

Role SVP, General Counsel

Sold 2,000 shs ($108K)

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $.01	2,000	$54.00	$108K

Holdings After Transaction: Common Stock, par value $.01 — 52,172 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 2,000 shares Sale price: $54.00 per share Shares after transaction: 52,172 shares +2 more

5 metrics

Shares sold 2,000 shares Open-market sale of common stock

Sale price $54.00 per share Price for the 2,000 shares sold

Shares after transaction 52,172 shares Directly held following the sale

Net shares sold 2,000 shares Net sell direction in transaction summary

10b5-1 plan adoption date March 16, 2026 Date the trading plan was adopted

Key Terms

Rule 10b5-1 trading plan, open-market sale, Common Stock, par value $.01, Form 4

4 terms

Rule 10b5-1 trading plan regulatory

"The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock, par value $.01 financial

"security_title": "Common Stock, par value $.01""

Form 4 regulatory

"The sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/23/2026 - 04:07 PM Accepted by SEC EDGAR 06/23/2026 - 04:07 PM Learn about SEC filing dates

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).

X

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 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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026

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	06/22/2026		S		2,000(1)	D	$54	52,172	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 sales reported in this Form 4 were effected pursuant to the Reporting Person's Rule 10b5-1 trading plan adopted on March 16, 2026.

	/s// Edward Codispoti, Attorney-in-Fact	06/23/2026
	** 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 insider transaction did APEI’s Thomas Beckett report on this Form 4?

Thomas Beckett reported selling 2,000 shares of AMERICAN PUBLIC EDUCATION INC common stock in an open-market transaction at $54.00 per share. The transaction involves non-derivative common stock and reflects a routine insider sale disclosed under SEC rules.

At what price did APEI insider Thomas Beckett sell his shares?

He sold the shares at $54.00 per share. This price applies to the 2,000 shares of common stock reported in the filing, representing an open-market or private transaction as defined by the Form 4’s transaction code description.

How many APEI shares does Thomas Beckett hold after the reported sale?

After the sale, Thomas Beckett directly holds 52,172 shares of AMERICAN PUBLIC EDUCATION INC common stock. This post-transaction holding is disclosed in the Form 4 as the total number of shares beneficially owned following the reported transaction.

Was the APEI insider sale by Thomas Beckett under a Rule 10b5-1 plan?

Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted on March 16, 2026. Such plans pre-schedule trades, indicating the timing of this transaction was determined in advance rather than by day-to-day market decisions.

What role does Thomas Beckett hold at AMERICAN PUBLIC EDUCATION INC?

Thomas Beckett serves as Senior Vice President and General Counsel of AMERICAN PUBLIC EDUCATION INC. His Form 4 filing reflects insider activity that officers and directors are required to disclose when they trade the company’s equity securities.

What does the transaction code on Thomas Beckett’s APEI Form 4 indicate?

The Form 4 uses transaction code S, described as a sale in open market or private transaction. This confirms the 2,000 APEI shares were sold rather than acquired, classifying the event as an insider disposition of common stock.