Grand Canyon Education (LOPE) COO has shares withheld to cover tax on RSU vesting

Rhea-AI Filing Summary

Grand Canyon Education, Inc.'s chief operating officer, William Stan Meyer, reported an automatic share disposition related to taxes. On the reported date, 2,480 shares of common stock were withheld at a price of $159.07 per share to cover tax liability from vesting restricted stock, rather than being sold in the open market. After this tax-withholding event, Meyer directly owned 105,919 shares of Grand Canyon Education common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Meyer William Stan

(Last) (First) (Middle)

2600 W. CAMELBACK ROAD

(Street)

PHOENIX AZ 85017

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Grand Canyon Education, Inc. [ LOPE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF OPERATING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/01/2026		F		2,480(1)	D	$159.07	105,919	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents withholding of shares to pay tax liability incident to the vesting of restricted stock.

	/s/ William Stan Meyer, by Lyn Bickle, as Attorney-in-fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Grand Canyon Education (LOPE) report for William Stan Meyer?

Grand Canyon Education reported that COO William Stan Meyer had 2,480 shares withheld to cover taxes on vesting restricted stock. This Form 4 event reflects a tax-withholding disposition, not an open-market purchase or sale of LOPE common stock.

Was the LOPE insider transaction an open-market sale of shares?

No, the LOPE insider transaction was not an open-market sale. The 2,480 shares were withheld to pay tax liability triggered by the vesting of restricted stock, as described in the footnote, rather than sold voluntarily on the open market.

How many LOPE shares were involved in William Stan Meyer’s Form 4 tax withholding?

The Form 4 shows 2,480 shares of Grand Canyon Education common stock were withheld. These shares were applied toward Meyer’s tax liability associated with restricted stock vesting, using a transaction price of $159.07 per share as reported in the filing.

How many Grand Canyon Education (LOPE) shares does William Stan Meyer own after this transaction?

After the reported tax-withholding disposition, William Stan Meyer directly owned 105,919 shares of Grand Canyon Education common stock. This figure reflects his holdings following the withholding of 2,480 shares for tax obligations tied to vested restricted stock.

What does transaction code "F" mean in the LOPE Form 4 filing?

Transaction code “F” in the LOPE Form 4 indicates shares were used to pay an exercise price or tax liability. In this case, it represents withholding of common stock to satisfy taxes due when restricted stock vested, rather than a discretionary market trade.

What role does William Stan Meyer hold at Grand Canyon Education (LOPE)?

William Stan Meyer serves as chief operating officer of Grand Canyon Education. His Form 4 filing reflects a tax-withholding disposition related to equity compensation, where 2,480 shares of common stock were withheld upon vesting of restricted stock awards.