Welcome to our dedicated page for AMERICAN PUBLIC EDUCATION 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.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on AMERICAN PUBLIC EDUCATION's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time SEC filing updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into AMERICAN PUBLIC EDUCATION's regulatory disclosures and financial reporting.
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. reported final voting results from its 2026 Annual Meeting of Stockholders held on May 22, 2026. Stockholders representing 16,460,441 of 18,411,154 shares outstanding as of March 26, 2026 were present in person or by proxy, constituting a quorum.
All director nominees were elected, with votes for each ranging from 14,355,995 to 14,584,849 and broker non-votes of 1,822,772 for each nominee. Stockholders approved, on a non-binding advisory basis, the compensation of named executive officers, with 13,019,893 votes for and 188,783 against. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026, with 16,381,313 votes for and 56,296 against.
No Street GP LP reports beneficial ownership of 647,588 shares of American Public Education, Inc. Common Stock, representing 3.5% of the class, as of March 31, 2026. The filing states No Street GP LP acted as investment adviser and has sole voting and dispositive power over the shares.
The percentage calculation references the issuer's reported 18,380,439 shares outstanding as of March 10, 2026. The Schedule 13G/A is signed by Mike Moscuzza as Chief Compliance Officer on behalf of No Street GP.
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. ownership disclosure: Divisadero Street affiliates report beneficial ownership of 1,052,069 shares, representing 5.7% of the Company's common stock as reported on this amendment. The holdings are reported across Divisadero Street Capital Management, LP; Divisadero Street Partners, L.P.; Divisadero Street Partners GP, LLC; Divisadero Street Capital, LLC and William Zolezzi.
The filing states the reported shares are held for advisory clients of Divisadero Street Capital Management, LP, and includes a disclaimer that each reporting person disclaims beneficial ownership except to the extent of pecuniary interest. Signatures are dated 05/15/2026.
APEI filed a Form 144 disclosing proposed and recent transactions in its common stock. The filing shows restricted stock vesting of 3,643 shares on 01/31/2026 and 857 shares on 02/07/2026. It also records sales by Nuno A. Fernandes of 6,500 shares on 03/16/2026 for $350,129.01 and 1,100 shares on 03/19/2026 for $59,488.00. The filing lists 18,343,488 shares outstanding as of 05/13/2026.
American Public Education, Inc. delivered significantly improved quarterly results. Revenue for the three months ended March 31, 2026 rose to $174.7 million, up 6.2% year over year, driven by higher course registrations in the Military+ segment and enrollment growth plus tuition increases in Health+.
Net income more than doubled to $17.7 million from $8.9 million, with basic EPS increasing to $0.97 from $0.42. Operating margin expanded to 12.4% from 7.4% as revenue growth outpaced modest expense increases and the prior-year loss on assets held for sale.
Military+ revenue grew 6.5% to $89.4 million on a 4.0% rise in net course registrations to about 106,600. Health+ revenue increased 11.0% to $85.4 million as total enrollment reached roughly 19,400. Cash, cash equivalents, and restricted cash climbed to $221.0 million, while long-term debt was refinanced under a new $90.0 million term loan and $40.0 million revolver, leaving $90.0 million outstanding. The company also authorized a new $50 million share repurchase program and bought $1.0 million of stock in the quarter.
American Public Education, Inc. reported significantly stronger results for the first quarter of 2026 and raised its full-year outlook. Revenue for the quarter was about $174.7 million, up from $164.6 million a year earlier, while net income rose to $17.7 million from $8.9 million. Diluted earnings per share increased to $0.94 from $0.41, and adjusted EBITDA improved to $29.2 million from $21.2 million, lifting the adjusted EBITDA margin to 17% from 13%.
The Military+ segment generated $89.4 million of revenue with a 36% EBITDA margin, and Health+ delivered $85.4 million of revenue with a 4% EBITDA margin. Net course registrations in Military+ grew to 106,600 and Health+ enrollment rose to 19,400. Cash, cash equivalents and restricted cash increased to $221.0 million, with total debt of roughly $88.3 million including current and long-term portions.
For the second quarter of 2026, the company guides to revenue of $170.0–$172.0 million, net income of $6.5–$7.5 million and adjusted EBITDA of $16.5–$18.0 million, all above prior-year levels, with diluted EPS of $0.34–$0.39 versus a prior-year loss. For full-year 2026, it now expects revenue of $686.0–$696.0 million, net income of $44.9–$51.6 million, adjusted EBITDA of $93.0–$102.0 million and diluted EPS of $2.33–$2.68, all higher than 2025. The company also highlighted Higher Learning Commission approval on April 28, 2026, to consolidate APUS, Rasmussen and Hondros into one accredited institution, with completion targeted at the start of the third quarter.