CFO at Grand Canyon Education (LOPE) makes 770-share stock gift

Rhea-AI Filing Summary

Grand Canyon Education, Inc. Chief Financial Officer Daniel E. Bachus reported a bona fide gift of 770 shares of common stock on May 5, 2026. The transfer carried a reported price of $0.00 per share, reflecting that it was a gift rather than a sale. After this transaction, he directly owns 110,699 shares of common stock, so the gifted amount represents only a small portion of his overall holdings.

Insider Trade Summary

770 shares gifted

Mixed 1 txn

Insider BACHUS DANIEL E

Role CHIEF FINANCIAL OFFICER

Type	Security	Shares	Price	Value
Gift	Common Stock	770	$0.00	--

Holdings After Transaction: Common Stock — 110,699 shares (Direct, null)

Footnotes (1)

Key Figures

Shares gifted: 770 shares Gift price per share: $0.00 per share Shares owned after transaction: 110,699 shares +1 more

4 metrics

Shares gifted 770 shares Bona fide gift of common stock on May 5, 2026

Gift price per share $0.00 per share Reported transaction price for the 770-share gift

Shares owned after transaction 110,699 shares Direct common stock holdings after the gift

Gift transactions in this filing 1 transaction, 770 shares Form 4 transaction summary giftCount and giftShares

Key Terms

bona fide gift, Common Stock, Form 4

3 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

BACHUS DANIEL E

(Last) (First) (Middle)

2600 W. CAMELBACK ROAD

(Street)

PHOENIX ARIZONA 85017

(City) (State) (Zip)

UNITED STATES

(Country)

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 FINANCIAL OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/05/2026

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

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

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

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	05/05/2026		G		770	D	$0	110,699	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:

	/s/ Daniel E. Bachus, by Lyn Bickle, as Attorney-in-fact	05/07/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Grand Canyon Education (LOPE) report on this Form 4?

Grand Canyon Education reported that CFO Daniel E. Bachus made a bona fide gift of 770 shares of common stock. The transaction occurred on May 5, 2026 and was reported with a price of $0.00 per share, indicating no sale proceeds.

Did the Grand Canyon Education (LOPE) CFO sell any shares in this filing?

No, the filing shows a bona fide gift, not a sale. CFO Daniel E. Bachus transferred 770 common shares at a reported price of $0.00 per share, meaning he received no cash consideration for this disposition.

How many Grand Canyon Education (LOPE) shares did the CFO gift?

The CFO gifted 770 shares of Grand Canyon Education common stock. This transfer was coded as a bona fide gift (transaction code G) in the Form 4, distinguishing it from an open-market purchase or sale transaction.

How many Grand Canyon Education (LOPE) shares does the CFO hold after the gift?

After the reported gift, CFO Daniel E. Bachus directly owns 110,699 shares of Grand Canyon Education common stock. This shows that the 770-share gift reduced his holdings only modestly relative to his remaining direct position.

What does transaction code G mean in this Grand Canyon Education (LOPE) Form 4?

Transaction code G on this Form 4 indicates a bona fide gift of securities. In this case, it shows the CFO transferred 770 shares of Grand Canyon Education common stock as a gift, with no sale price or proceeds involved.