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, 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, Inc. filed an amended current report to replace a prior earnings press release with a corrected version. The new press release, dated November 10, 2025, updates the Company’s full year 2025 net income guidance, while all other aspects of the original 8-K remain unchanged.
American Public Education, Inc. (APEI) reported that it issued a press release covering financial results for the three and nine months ended September 30, 2025. The company also scheduled a webcast for 5:00 p.m. ET on November 10, 2025 to discuss these results.
American Public Education, Inc. (APEI) reported higher quarterly results. For the quarter ended September 30, 2025, revenue rose to $163,215 thousand from $153,122 thousand, and income from operations increased to $9,697 thousand from $4,129 thousand. Net income reached $5,560 thousand, with diluted EPS of $0.30 versus $0.04 a year ago.
Growth was broad-based: APUS revenue was $83,137 thousand (up from $76,981 thousand), Rasmussen University was $60,830 thousand (up from $52,604 thousand), and Hondros College of Nursing was $18,440 thousand (up from $15,493 thousand). Operating expenses were stable overall, while depreciation and amortization declined to $3,946 thousand.
APEI completed the sale of Graduate School USA on July 25, 2025 for $0.5 million and recorded a $3,877 thousand loss on sale. The company redeemed all Series A preferred stock on June 23, 2025, recording a $3,501 thousand loss on redemption year-to-date. Cash, cash equivalents, and restricted cash were $193,144 thousand, and long-term debt was $94,368 thousand. Shares outstanding were 18,085,030 as of November 7, 2025.
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.
American Public Education, Inc. (APEI) filed a Form 3 initial statement of beneficial ownership for Edward H. Codispoti, its EVP & Chief Financial Officer. The filing states that no securities are beneficially owned as of the event date 10/20/2025.
The form was filed by one reporting person and includes Exhibit 24 – Power of Attorney. This is a routine Section 16 filing establishing the officer’s baseline ownership on record.
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.