Every Form 4 that American Public Education, Inc. (APEI) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow APEI and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full APEI filings page.
American Public Education Inc. (APEI) director Daniel S. Pianko received an award of 1,106 shares on October 1, 2026, reported at $36.15 per share, bringing his reported direct holdings to 36,652 shares. Under the non-employee director compensation policy, he elected to receive common stock instead of cash retainers and deferred receipt until June 1, 2029, resulting in deferred stock units.
AMERICAN PUBLIC EDUCATION INC President, APUS, Nuno S. Fernandes exercised 8,800 Employee Stock Options at an exercise price of $10.66 per share into common stock on 2026-08-12, then sold 8,800 common shares at $45.13 per share. Following the option exercise, he held 8,256 options that remain vested and exercisable.
American Public Education Inc. (APEI) reported that Chief Innovation & Technology Officer James Kenigsberg sold 1,313 shares of common stock on August 12, 2026, at $45.72 per share. Following this sale, he directly holds 44,729 shares. The transaction was executed under a Rule 10b5-1 trading plan adopted on May 13, 2026.
American Public Education, Inc. reported executive equity activity by Chief Innovation & Technology Officer James Kenigsberg. He received 7,573 restricted stock units under the 2017 Omnibus Incentive Plan, vesting in three equal annual installments starting one year after grant, and 2,133 shares of common stock were withheld at $53.42 per share to cover tax obligations from RSU vesting.
Pianko Daniel S. reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN PUBLIC EDUCATION INC director Daniel S. Pianko received an equity award of 1,107 shares of common stock valued at $36.15 per share. This grant reflects his election to take his non-employee chairperson cash retainer in stock under the company’s director compensation policy. The shares are issued as deferred stock units, with receipt deferred until June 1, 2029. Following this award, he directly holds 35,546 shares of common stock.
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.
AMERICAN PUBLIC EDUCATION INC senior vice president and general counsel Thomas Beckett reported open-market sales of 8,000 shares of common stock on June 15, 2026. The trades were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 16, 2026, and he now holds 54,172 shares directly.
Braner Michael David reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN PUBLIC EDUCATION INC director Michael David Braner received an equity grant of 2,135 common shares as compensation for board service. The award was granted at no cash cost under the company’s non-employee director compensation policy and reflects restricted stock that vests based on the timing of annual stockholder meetings.
Following this grant, Braner is shown with 25,380 shares of common stock held directly. The filing also lists large indirect positions held through affiliated investment vehicles, including 347,498 shares held by 325 Capital Master Fund LP and 836,234 shares held by 325 Capital LLC. The report is filed jointly by Braner and several 325 Capital entities, all of whom disclaim beneficial ownership of the reported securities except to the extent of their pecuniary interest.
AMERICAN PUBLIC EDUCATION INC reported a routine share withholding related to equity compensation for interim Chief Innovation & Technology Officer James Kenigsberg. On May 22, 2026, the issuer withheld 1,286 shares of common stock to cover tax obligations from vesting restricted stock, at a value of $51.50 per share.
This was not an open-market sale, but a tax-withholding disposition where the company retained shares to satisfy payroll taxes. After this transaction, Kenigsberg directly owned 40,602 shares of AMERICAN PUBLIC EDUCATION INC common stock.
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.
Fabrega Anna M. reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN PUBLIC EDUCATION INC director Anna M. Fabrega received an equity grant of 2,135 shares of common stock as a non-employee director award. The shares were granted at no cash price under the company’s director compensation policy. Following this award, she directly holds 33,431 shares. The restricted stock vests on the earlier of the first anniversary of the grant date or the next annual stockholders’ meeting.
Blevins Granetta B. reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN PUBLIC EDUCATION INC director equity grant: Director Granetta B. Blevins received an award of 2,135 shares of common stock on May 22, 2026 as a grant under the company’s non-employee director compensation policy. The award was at no cash cost, increasing her direct holdings to 60,080 shares.
According to the policy, non-employee directors receive an annual equity award of restricted stock at each annual stockholder meeting. These restricted shares vest on the earlier of one year from the grant date or the next annual stockholder meeting, making this a routine, compensation-related transaction rather than an open-market purchase.
Pianko Daniel S. reported acquisition or exercise transactions in this Form 4 filing.
AMERICAN PUBLIC EDUCATION INC director equity grant. Director Daniel S. Pianko received an award of 2,135 shares of common stock on May 22, 2026 under the company’s non-employee director compensation policy. The award is structured as deferred stock units, with receipt of the shares deferred until June 1, 2029, bringing his direct holdings to 34,439 shares.
AMERICAN PUBLIC EDUCATION INC executive Nuno S. Fernandes, President of APUS, reported an open-market sale of 4,500 shares of common stock at $53.34 per share. After this transaction, he directly holds 78,575 shares, indicating he retains a substantial equity position in the company.
American Public Education, Inc. director Daniel S. Pianko reported a compensation-related stock grant. He acquired 1,107 shares of common stock at an implied $36.15 per share under the company’s non-employee director compensation policy, by taking stock instead of his cash board retainers.
The shares are issued as deferred stock units because he elected to defer receipt until June 1, 2029. After this grant, he directly holds 32,304 shares. This reflects routine board compensation rather than an open-market share purchase.
325 CAPITAL LLC reported open-market sale transactions in this Form 4 filing.
AMERICAN PUBLIC EDUCATION INC received a Form 4 from investment entities affiliated with 325 Capital reporting open‑market transactions in a total of 160,512 shares of common stock on March 19–20, 2026. After these trades, one reported direct holding stood at 836,234 shares, alongside separate indirect holdings attributed to 325 Capital Master Fund LP and to accounts managed by 325 Capital.
AMERICAN PUBLIC EDUCATION INC executive Nuno S. Fernandes, President of APUS, reported an open-market sale of 1,100 shares of common stock at $54.08 per share. After this transaction, he directly owns 83,075 shares. The sale represents a relatively small portion of his reported holdings.
AMERICAN PUBLIC EDUCATION INC senior vice president and chief marketing officer Karmela Gaffney reported an open-market sale of 2,700 shares of common stock on March 17, 2026. The shares were sold at a weighted average price of $55.8737 per share, with individual sale prices ranging from $55.85 to $55.88. After this transaction, she directly holds 40,527 shares of the company’s common stock.
325 Capital LLC and affiliated reporting persons disclosed open‑market sales of 184,259 shares of American Public Education, Inc. common stock from March 16–18, 2026, at prices around $55–$56 per share.
Following these sales, they report 996,746 shares of common stock held directly, plus additional indirect holdings of 347,498 shares by 325 Capital Master Fund LP and 23,245 shares by Michael D. Braner as of March 16, 2026. The reporting persons disclaim beneficial ownership beyond their pecuniary interests.
AMERICAN PUBLIC EDUCATION INC senior vice president and general counsel Thomas Beckett reported an open-market sale of 2,000 shares of common stock on March 16, 2026 at a price of $57.70 per share. After this transaction, he directly holds 62,172 shares. The filing notes that the sale was executed under his Rule 10b5-1 trading plan adopted on November 24, 2025, indicating it was pre-scheduled rather than a discretionary trade.
AMERICAN PUBLIC EDUCATION INC President at APUS sells shares as part of an open-market transaction. On this date, Nuno S. Fernandes sold 6,500 shares of common stock at a weighted average price of $53.866 per share, with individual sale prices ranging from $53.7401 to $54.12 per share. After this sale, he directly holds 84,175 shares, so the transaction represents only a small portion of his overall stake.
AMERICAN PUBLIC EDUCATION INC senior vice president and chief HR officer Tanya Joy Axenson reported open-market sales of a total of 20,000 shares of common stock on March 16, 2026. The shares were sold in three blocks at weighted average prices of $55.2002, $56.1766, and $56.9032 per share, each representing sales across narrow price ranges. After these transactions, Axenson directly holds 49,917 shares of AMERICAN PUBLIC EDUCATION INC common stock.
AMERICAN PUBLIC EDUCATION INC reported that SVP and Chief Marketing Officer Karmela Gaffney received a grant of 14,425 shares of common stock at no cost, in the form of performance-based restricted stock units under the 2017 Omnibus Incentive Plan.
The award is tied to adjusted earnings per share and revenue goals for the fiscal year ended December 31, 2025, and vests in three roughly equal installments on March 10, 2026, February 4, 2027, and February 4, 2028. To cover tax obligations from PSU vesting, 1,469 shares were withheld at a price of $45.51 per share, leaving Gaffney with 43,227 shares of common stock held directly after these transactions.
AMERICAN PUBLIC EDUCATION INC reported that President of APUS, Nuno S. Fernandes, received a grant of 13,770 shares of Common Stock on March 10, 2026 as part of a performance-based restricted stock unit award under the 2017 Omnibus Incentive Plan.
The award reflects achievement of adjusted earnings per share and revenue goals for the fiscal year ended December 31, 2025 and is scheduled to vest in three roughly equal installments on March 10, 2026, February 4, 2027, and February 4, 2028. On the same date, 1,807 shares were withheld to cover tax obligations related to PSU vesting, leaving Fernandes with 90,675 shares of Common Stock held directly after these transactions.
AMERICAN PUBLIC EDUCATION INC senior vice president and general counsel Thomas Beckett reported a performance-based stock award and related tax withholding. He acquired 14,425 shares of common stock as part of a performance-based restricted stock unit award under the 2017 Omnibus Incentive Plan, tied to adjusted earnings per share and revenue for the fiscal year ended December 31, 2025. The award is scheduled to vest in three approximately equal installments on March 10, 2026, February 4, 2027, and February 4, 2028. To cover tax obligations from the PSU vesting, the issuer withheld 2,169 shares at a price of $45.51 per share, leaving Beckett with 64,172 shares of common stock held directly after these transactions.
AMERICAN PUBLIC EDUCATION INC senior vice president and chief HR officer Tanya Joy Axenson reported routine equity compensation activity. She received a grant of 14,425 shares of common stock at no cost as part of a performance-based restricted stock unit award tied to 2025 earnings per share and revenue goals. The award is scheduled to vest in three roughly equal installments on March 10, 2026, February 4, 2027, and February 4, 2028. On the same date, 1,729 shares at $45.51 per share were withheld by the company solely to cover tax obligations from the vesting of PSUs, not as an open-market sale. After these transactions, she directly owns 69,917 shares of common stock.
AMERICAN PUBLIC EDUCATION INC executive Mark L. Arnold, President of Rasmussen, received a grant of 10,492 shares of Common Stock on March 10, 2026 as a performance-based restricted stock unit award under the 2017 Omnibus Incentive Plan. The award is tied to adjusted earnings per share and revenue performance for the fiscal year ended December 31, 2025, and will vest in three approximately equal installments on March 10, 2026, February 4, 2027, and February 4, 2028. On the same date, 1,067 shares were withheld by the issuer at a price of $45.51 per share to cover tax obligations related to PSU vesting, leaving Arnold with 20,676 shares of Common Stock held directly after these transactions.
AMERICAN PUBLIC EDUCATION INC President and CEO Angela K. Selden reported equity compensation and related tax withholding. She received a grant of 98,352 performance-based restricted stock units under the 2017 Omnibus Incentive Plan, tied to adjusted earnings per share and revenue goals for the fiscal year ended December 31, 2025. The award vests in three installments on March 10, 2026, February 4, 2027, and February 4, 2028. To cover tax obligations from PSU vesting, 12,901 shares of Common Stock were withheld at $45.51 per share. After these transactions, she directly holds 626,808 shares of Common Stock.
Fernandes Nuno S. reported disposition transactions in a Form 4 filing for APEI. The filing lists transactions totaling 3,684 shares at a weighted average price of $44.15 per share. Following the reported transactions, holdings were 78,712 shares.
American Public Education, Inc. executive Thomas Beckett, the SVP and General Counsel, reported two tax-related share dispositions on Common Stock. On February 9, 2026, the issuer withheld 1,537 shares and 1,892 shares at $44.15 per share to cover tax obligations from vesting restricted stock units. After these non‑open‑market, tax-withholding dispositions, Beckett directly owned 51,916 shares of Common Stock.
American Public Education Inc. executive Tanya Joy Axenson reported share dispositions for tax withholding tied to restricted stock vesting. On February 9, 2026, the company withheld 948 shares of common stock at $44.15 per share for performance-based RSU taxes and 1,166 shares at $44.15 for RSU tax obligations. After these tax-withholding dispositions, she directly holds 57,221 shares of American Public Education common stock.
American Public Education, Inc. President and CEO Angela K. Selden reported two tax-withholding dispositions of common stock tied to restricted stock unit vesting. On February 9, 2026, the issuer withheld 11,551 shares and 14,224 shares of common stock at $44.15 per share to satisfy related tax obligations. After these transactions, Selden continues to directly own more than 500,000 APEI shares.
American Public Education’s President and CEO Angela K. Selden reported stock-based compensation activity and related tax withholdings in company shares. On multiple dates, the issuer withheld Common Stock to cover tax obligations tied to vesting restricted stock units and performance-based RSUs.
Selden also received a grant of 44,855 RSUs under the American Public Education, Inc. 2017 Omnibus Incentive Plan at a price of $0 per share. These RSUs vest in three equal annual installments starting on the first anniversary of the grant date. Following these transactions, she directly beneficially owned 567,132 shares of Common Stock.
American Public Education, Inc. senior vice president and chief marketing officer Karmela Gaffney reported routine equity compensation and related tax withholding transactions in company stock. On February 2, 2026, she received 5,277 restricted stock units (RSUs) at $0 per share under the 2017 Omnibus Incentive Plan. These RSUs vest in three equal annual installments starting on the first anniversary of the grant date.
On January 30–31, 2026, the issuer withheld a total of 3,300 shares of common stock (in three separate transactions coded "F") to cover tax obligations tied to the vesting of time-based and performance-based RSUs. After these transactions, Gaffney beneficially owned 30,271 shares of common stock directly.
American Public Education, Inc. (APEI) president of APUS, Nuno S. Fernandes, reported several equity-related transactions in company common stock. On February 2, 2026, he received an award of 7,256 restricted stock units (RSUs) at a price of $0 per share, increasing his directly held position to 82,396 shares.
On January 30 and 31, 2026, the issuer withheld a total of 7,109 shares at prices between $41.78 and $42.30 to cover tax obligations tied to vesting RSUs and performance-based RSUs. These withholdings are recorded as dispositions but function as tax payments rather than open-market sales.
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.
American Public Education, Inc. (APEI) reported insider equity activity by SVP and Chief HR Officer Tanya Joy Axenson. Around late January and early February, the company withheld shares of common stock to cover tax obligations tied to vesting restricted stock units (RSUs) and performance-based RSUs. These withholding transactions involved 1,224 shares at $41.78 on January 30 and 1,001 and 1,460 shares at $42.30 on January 31. On February 2, Axenson received a grant of 4,617 RSUs at $0, issued under the 2017 Omnibus Incentive Plan. These RSUs vest in three equal annual installments starting on the first anniversary of the grant date. Following these transactions, she directly owned 59,335 shares of APEI common stock.
American Public Education, Inc. executive Mark L. Arnold, President of Rasmussen, reported two stock-related transactions in company common shares. On January 30, 2026, the issuer withheld 903 shares at $41.78 per share to cover tax obligations from vesting restricted stock units, leaving him with 6,634 shares directly held.
On February 2, 2026, he acquired 4,617 shares at $0 per share through a grant of restricted stock units under the 2017 Omnibus Incentive Plan, which vest in three equal annual installments starting one year after the grant date. After this grant, he directly owned 11,251 common shares.
American Public Education (APEI) reported an insider transaction. On 11/12/2025, the APUS President exercised 5,500 stock options at $10.66 and sold 5,500 common shares at a weighted average price of $34.68. Following the trades, the officer directly owns 82,249 shares and 17,056 options remain beneficially owned. The option exercised was fully vested and carries an expiration of 08/28/2032.
American Public Education, Inc. (APEI) reported an insider transaction by its SVP and Chief HR Officer on 11/12/2025. The officer exercised 10,363 employee stock options at an exercise price of $15.74 per share and, on the same day, sold 10,363 shares of common stock at a $34.7684 weighted-average price.
The filing notes the sale prices ranged from $34.595 to $34.915 per share. Following these transactions, the officer directly beneficially owned 58,403 shares. The related option grant covering 10,363 underlying shares was fully vested and exercisable as of the date of the report and now shows 0 derivative securities remaining.
American Public Education (APEI) reported a Form 4 indicating its EVP & Chief Financial Officer received 8,477 restricted stock units (RSUs) on October 20, 2025. The filing shows these RSUs were acquired at $0 as a stock award and are held directly.
The RSUs vest in three equal annual installments beginning on October 20, 2026. Following the grant, the officer beneficially owns 8,477 shares directly, aligning with the awarded RSUs.