Grand Canyon Education (LOPE) CEO makes 300-share stock gift

Rhea-AI Filing Summary

Grand Canyon Education, Inc. CEO and director Brian E. Mueller reported a bona fide gift of 300 shares of Common Stock on May 5, 2026. This was a non-cash transfer coded as a gift, not an open-market trade. After the transaction, he directly owned 295,328 shares.

Insider Trade Summary

300 shares gifted

Mixed 1 txn

Insider MUELLER BRIAN E

Role CEO

Type	Security	Shares	Price	Value
Gift	Common Stock	300	$0.00	--

Holdings After Transaction: Common Stock — 295,328 shares (Direct, null)

Footnotes (1)

Key Figures

Shares gifted: 300 shares Price per share: $0.0000 Shares owned after transaction: 295,328 shares +2 more

5 metrics

Shares gifted 300 shares Bona fide gift of Common Stock on May 5, 2026

Price per share $0.0000 Reported for the 300-share gift transaction

Shares owned after transaction 295,328 shares Direct holdings of Brian E. Mueller after the gift

Transaction code G Indicates bona fide gift disposition on Form 4

Transaction direction dispose Shares transferred as a gift rather than purchased

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^*

MUELLER BRIAN 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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO

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		300	D	$0	295,328	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/ Brian E. Mueller, 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?

Grand Canyon Education CEO Brian E. Mueller reported a bona fide gift of 300 shares of Common Stock. The Form 4 shows this as a non-cash transfer coded as a gift, rather than a market purchase or sale.

How many Grand Canyon Education shares did the CEO gift?

Brian E. Mueller gifted 300 shares of Grand Canyon Education Common Stock. The transaction was reported with a price of $0.0000 per share, reflecting that it was a bona fide gift and not an open-market transaction with cash proceeds.

What are Brian E. Mueller’s Grand Canyon Education holdings after the gift?

Following the 300-share gift, Brian E. Mueller directly owns 295,328 shares of Grand Canyon Education Common Stock. This post-transaction balance is disclosed in the Form 4 as his total direct holdings after the reported disposition.

Was the Grand Canyon Education CEO’s Form 4 transaction a sale or a gift?

The Form 4 transaction was a bona fide gift, not a sale. It is coded with transaction code “G” and described as a gift transfer, meaning shares were disposed of without a sale on the open market.

Does the Form 4 show the Grand Canyon Education CEO buying any shares?

The Form 4 does not show any purchases by the CEO. It reports only a bona fide gift of 300 shares of Common Stock, with no buy transactions or derivative exercises disclosed in the provided data.

What does transaction code G mean in the Grand Canyon Education Form 4?

Transaction code G on the Form 4 indicates a bona fide gift. For Grand Canyon Education, it shows CEO Brian E. Mueller transferred 300 shares as a gift, which counts as a disposal of shares without an open-market sale.