Education Dvel SEC Filings

Educational Development Corp (EDUC) reported insider transactions by its Chief Financial Officer, Dan O'Keefe, on a Form 4. On 11/14/2025, he acquired 9,407 shares of common stock, noted as being purchased through the employee 401(k) plan at various prices. On the same date, he also disposed of 11,419 shares of common stock at a price of $1.35 per share. After these transactions, he directly beneficially owned 151,640 shares of EDUC common stock.

Educational Development Corp11/14/2025, she acquired 18,158 shares of common stock through the company’s 401(k) plan at various prices, then disposed of 11,419 shares at $1.35 per share. After these transactions, she beneficially owned 160,391 shares of EDUC common stock directly.

Educational Development Corporation (EDUC) completed a sale-leaseback of its Tulsa headquarters and warehouse, selling the Hilti Complex for $32,200,000 and using the proceeds to repay bank debt.

The company repaid approximately $30.0 million to BOKF, NA, terminating its credit agreement with no early termination penalties. All related security interests, mortgages, liens, and encumbrances were released upon repayment.

EDUC assigned existing third-party tenant leases to the buyer and entered a new 10-year triple-net lease for its occupied space at an initial rate of $8.00 per square foot, with 2.5% annual escalations and two five-year renewal options. Under triple-net terms, the company and other tenants are responsible for utilities, insurance, property taxes, and regular maintenance.

Educational Development Corporation (EDUC) reported an insider transaction on a Form 4. A director acquired 4,000 shares of common stock on 10/15/2025, coded P (purchase), at a price of $1.26 per share. Following the transaction, the director beneficially owns 6,000 shares, listed as Direct ownership.

The filing’s note states: “Shares issued as part of Board Compensation.”

Educational Development Corp (EDUC) director reported an open-market purchase of common stock. On 10/15/2025, the insider acquired 4,000 shares at $1.26 per share (Transaction Code: P), bringing total beneficial ownership to 8,529 shares, held directly. The filing notes the shares were issued as part of Board compensation.

Educational Development Corp (EDUC) reported an insider transaction by director Dan O'Keefe. On 10/15/2025, he acquired 4,000 shares of common stock at $1.26 per share, as noted as shares issued as part of Board Compensation. Following the transaction, his direct beneficial ownership stands at 7,250 shares.

Educational Development Corp (EDUC) insider filed a Form 3 reporting initial beneficial ownership. The reporting person, serving as Director and Chief Financial Officer, disclosed no securities beneficially owned. The event date was 10/15/2025. This is an administrative disclosure and does not reflect a transaction.

Educational Development Corp (EDUC) reported an insider acquisition by a director. The Form 4 lists the purchase of 4,000 shares of common stock on 10/15/2025, coded P, at a price of $1.26 per share. Following the transaction, the reporting person beneficially owned 4,000 shares, held directly. An accompanying note states the shares were issued as part of Board compensation.

Educational Development Corporation reported a continued operating loss with a net loss of approximately $2,369,900 for the period shown while working to sell a major real estate asset. Management executed a Purchase and Sale Agreement for the 402,000 sq ft Hilti Complex for $32,500,000, later amended to a $32,200,000 purchase price, with closing expected on or before November 25, 2025. Proceeds are expected to pay off the Term Loans and Revolving Loan.

The company recorded assets held for sale (estimated fair value $35,550,000 as of August 31, 2025), ceased depreciation on those assets, and classified removed production equipment as held for sale. Term debt remains material at about $25,900,900, and recent amendments add 2% to existing credit interest rates under certain conditions.