Grand Canyon director granted 498 restricted LOPE shares

Warren Kevin F. reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Warren Kevin F. reported acquisition or exercise transactions in this Form 4 filing.

Grand Canyon Education director Kevin F. Warren received a grant of restricted stock. He was awarded 498 shares of common stock at no cost, increasing his direct holdings to 1,600 shares. The restricted shares vest on the earlier of June 9, 2027 or immediately before the 2027 annual stockholders' meeting, making this a routine equity compensation award rather than a market transaction.

Insider Trade Summary

Grant/Award: 498 shares

Grant/Award 1 txn

Insider Warren Kevin F.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	498	$0.00	$0.00

Holdings After Transaction: Common Stock — 1,600 shares (Direct)

Footnotes (1)

1. F1. Represents a grant of restricted stock that vests on the earlier of June 9, 2027 or immediately prior to the 2027 annual stockholders' meeting.

Key Figures

Restricted stock grant: 498 shares Post-transaction holdings: 1,600 shares Transaction code: A (grant, award, or other acquisition) +2 more

5 metrics

Restricted stock grant 498 shares Grant of common stock as compensation

Post-transaction holdings 1,600 shares Total common shares held directly after grant

Transaction code A (grant, award, or other acquisition) Indicates compensation-related share award

Vesting date June 9, 2027 Vests then or immediately before 2027 annual stockholders' meeting

Price per share $0.0000 Grant price for restricted stock award

Key Terms

restricted stock, vests, annual stockholders' meeting, Grant, award, or other acquisition, +1 more

5 terms

restricted stock financial

"Represents a grant of restricted stock that vests on the earlier of June 9, 2027"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

vests financial

"grant of restricted stock that vests on the earlier of June 9, 2027"

annual stockholders' meeting financial

"or immediately prior to the 2027 annual stockholders' meeting"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Grand Canyon Education (LOPE) director Kevin F. Warren report on this Form 4?

Kevin F. Warren reported receiving a grant of 498 shares of restricted common stock. This equity award is compensation, not an open-market purchase or sale, and increases his direct ownership stake in Grand Canyon Education to 1,600 shares after the transaction.

How many Grand Canyon Education (LOPE) shares did Kevin F. Warren receive in this award?

He received 498 shares of restricted common stock. These shares were granted at no cash cost to him as part of his director compensation, and boosted his direct holdings to a total of 1,600 Grand Canyon Education common shares following the grant.

When do Kevin F. Warren’s new restricted Grand Canyon Education (LOPE) shares vest?

The 498 restricted shares vest on the earlier of June 9, 2027 or immediately prior to the 2027 annual stockholders' meeting. Until vesting, the award is subject to service-based conditions typically outlined in the company’s compensation and equity incentive programs.

Is Kevin F. Warren’s Form 4 for Grand Canyon Education (LOPE) a market buy or sell?

The Form 4 reflects a grant of restricted stock, not a market buy or sell. The transaction code is “A,” indicating a grant, award, or other acquisition as compensation, with zero price per share rather than an open-market purchase or disposition.

What is Kevin F. Warren’s Grand Canyon Education (LOPE) share ownership after this filing?

After the restricted stock award, he directly owns 1,600 shares of Grand Canyon Education common stock. This figure includes the 498 newly granted restricted shares, which will vest later based on the specified 2027 date or the 2027 annual stockholders’ meeting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/11/2026 - 04:35 PM EDT Learn about SEC filing dates

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^*

Warren Kevin F.

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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(1)	06/10/2026		A		498	A	$0	1,600	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 a grant of restricted stock that vests on the earlier of June 9, 2027 or immediately prior to the 2027 annual stockholders' meeting.

	/s/ Kevin F. Warren, by Lyn Bickle, as Attorney-in-fact	06/11/2026
	** 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)