Welcome to our dedicated page for American Public SEC filings (Ticker: APEI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The American Public Education, Inc. (NASDAQ: APEI) SEC filings page provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As an education services company operating American Public University System (APUS), Rasmussen University, and Hondros College of Nursing, APEI uses SEC reports to present information on its financial condition, results of operations, capital structure, and material corporate events.
Investors can review current reports on Form 8-K, where APEI reports items such as quarterly financial results, updates on enrollment and revenue trends, changes in capital structure, and other significant events. For example, the company has used Form 8-K to furnish earnings press releases for periods ended September 30, 2025, to provide preliminary updates on expected results and the impact of government funding changes, and to disclose actions such as the redemption of preferred stock and related certificate of elimination filings.
In addition to 8-K filings, APEI’s SEC reporting framework includes annual and quarterly reports that detail segment performance for APUS, Rasmussen University, and Hondros College of Nursing, as well as discussions of regulatory and accreditation matters, funding sources such as tuition assistance and federal financial aid, and risk factors relevant to its operations in the higher education sector. These filings help explain how APEI’s revenue from net course registrations, tuition, and fees is reflected in its consolidated financial statements.
On this page, users can also monitor exhibits attached to current reports, such as earnings press releases and certificates related to capital structure changes. Real-time updates from EDGAR and AI-powered summaries can assist readers in understanding the key points of lengthy filings, including trends in enrollment, segment results, and material events affecting APEI’s institutions.
American Public Education (APEI) updated third-quarter performance and outlined the impact of the federal government shutdown. Management expects third quarter 2025 consolidated revenue to exceed the top end of its guidance, and APUS net course registrations to exceed the top end of its guidance. These figures are preliminary, unaudited, and subject to completion of quarterly closing procedures, with final results expected in November.
Shutdown impact: APUS estimates approximately 12,700 course registrations were dropped for non-payment on October 11, 2025 for students intending to use Department of Defense tuition assistance, while about 1,700 TA-authorized in the prior fiscal year were not dropped. APUS estimates October 2025 revenue will be lower by about $9.6 million, and net course registrations declined by roughly 35% versus October 2024. The company is evaluating mitigation steps and cannot determine the full impact on fourth quarter and full-year 2025.
American Public Education, Inc. (APEI) insider filing reports a proposed sale of 3,046 common shares through Fidelity Brokerage with an aggregate market value of $118,794. The filing lists approximately 18,067,134 shares outstanding and an approximate sale date of 10/02/2025. The shares were acquired on 08/08/2024 upon restricted stock vesting and were paid as compensation. The filing also discloses a prior sale by Craig S. Macgibbon of 3,486 shares on 09/11/2025 for $122,010. The notice includes the standard representation that the seller is not aware of any undisclosed material adverse information about the issuer.
American Public Education, Inc. (APEI) filed a Form 144 notice reporting a proposed sale of 3,486 common shares through Fidelity Brokerage Services LLC (Smithfield, RI) with an aggregate market value of $122,010.00. The filing lists the shares as acquired by exercise of an option (option granted 08/08/2022) with an acquisition date and intended sale date of 09/11/2025. No other sales in the past three months are reported and the filer certifies no undisclosed material adverse information concerning the issuer.
Nuno S. Fernandes, President of APUS and a director, reported a share disposition on 08/29/2025 for 3,210 shares of American Public Education, Inc. (APEI) at an effective price of $30.18 per share. The filing states these shares were withheld by the issuer to satisfy tax withholding obligations arising from the vesting of restricted stock units. After the withholding, the reporting person beneficially owns 82,249 shares. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/03/2025. This disclosure identifies the transaction as a tax-withholding disposition rather than an open-market sale.
Redwood Capital affiliates and Ruben Kliksberg report beneficial ownership of 705,379 shares of American Public Education, Inc. common stock, representing approximately 3.9% of the class. Each reporting person discloses no sole voting or dispositive power and instead reports shared voting and shared dispositive power for 705,379 shares, and the filing is submitted as a Schedule 13G/A.
All securities reported are stated to be directly owned by advisory clients of Redwood Capital Management, LLC, and the filing specifies that none of those clients is known to beneficially own more than 5% of the class. The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest and state the holdings were not acquired to change or influence control of the issuer. The filing lists the filers' organizational jurisdictions (Delaware, Cayman Islands, United States) and addresses for contact purposes.
American Public Education, Inc. (APEI) filed a Form 144 reporting a proposed sale of 56,620 common shares with an aggregate market value of $1,660,222.00, to be sold on 08/08/2025 on Nasdaq. The filing shows the 56,620 shares were acquired entirely through compensation-related events: a 25,000-share stock option exercise on 03/20/2023 and multiple restricted stock unit lapses between 05/10/2020 and 05/19/2025 that sum to the same total. The company reports 18,067,134 shares outstanding, so the proposed sale equals approximately 0.31% of outstanding shares. The filer states Nothing to Report for securities sold in the past three months.
Bank of America Corporation reports beneficial ownership of 808,973 shares of American Public Education, Inc. common stock, equal to 4.5% of the class. The filing shows shared voting and shared dispositive power over 808,973 shares and records no sole voting or dispositive power. The statement is made on behalf of Bank of America and its wholly owned subsidiaries, including BofA Securities, Bank of America N.A., and Merrill Lynch International. The filer certifies these shares are held in the ordinary course of business and not to change or influence control of the issuer.
American Public Education, Inc. (APEI) Form 4: On 08/04/2025, Interim Chief Innovation & Technology Officer James Kenigsberg was granted 18,673 restricted stock units (RSUs) of APEI common stock at a cost basis of $0 under the company’s 2017 Omnibus Incentive Plan. The RSUs vest in three equal annual instalments beginning one year after the grant date. After the award, Kenigsberg’s direct beneficial ownership increased to 41,888 shares. No sales, derivative transactions or additional acquisitions were reported.