Phoenix Education Partners Inc. SEC Filings

Phoenix Education Partners, Inc. furnished a press release reporting its financial results for the three months ended November 30, 2025. The release is included as Exhibit 99.1 and provides the detailed numbers and commentary on performance. The company also scheduled a webcast for 3:00 p.m. MST (5:00 p.m. ET) on January 13, 2026 to discuss these results with investors and analysts.

Phoenix Education Partners, Inc. is asking stockholders to vote at its virtual 2026 Annual Meeting on February 12, 2026. Holders of common stock as of December 29, 2025 can attend online, ask questions and vote.

Stockholders will elect three Class I directors to terms ending at the 2029 annual meeting and vote on ratifying Deloitte as independent registered public accounting firm for the fiscal year ending August 31, 2026. The company has a classified board with ten directors across three staggered classes and four board committees, including Audit, Compensation, Nominating and Corporate Governance, and a Student Outcomes Advisory Committee.

The company is a New York Stock Exchange “controlled company” because an Apollo affiliate holds more than 50% of the voting power and, together with Vistria, has contractual rights to nominate directors and committee members. The proxy also outlines executive roles, pay and severance protections, including 2025 total compensation of $10,654,989 for Chief Executive Officer Christopher Lynne.

Phoenix Education Partners, Inc. reported equity awards and related tax withholding for its CFO and Treasurer, Blair Westblom, in connection with the closing of the company’s initial public offering. On 10/09/2025, the executive received 46,875 shares of common stock, of which 19,618 shares were withheld by the company to cover tax obligations, leaving 27,257 shares directly held afterward. The executive was also granted 62,496 restricted stock units under the 2025 Omnibus Incentive Plan, resulting in 89,753 shares beneficially owned after the reported transactions. These RSUs vest over three years, with one-third vesting on the first anniversary of the grant date and the remaining two-thirds vesting in eight equal quarterly installments.

Phoenix Education Partners, Inc., parent of The University of Phoenix, reports a cybersecurity incident involving its Oracle E‑Business Suite platform. An unauthorized third party exploited a previously unknown Oracle vulnerability and, in August 2025, copied certain data from the Company’s Oracle EBS environment. The breach appears to have exposed personal information such as names, contact details, dates of birth, Social Security numbers, and bank account and routing numbers for numerous individuals.

The incident was detected on November 21, 2025, after which the Company engaged third‑party cybersecurity firms, applied Oracle patches released in October 2025, and began notifying affected parties and regulators. The Company states that operations and student programming were not impacted and, as of this report, it believes the incident will not have a material adverse effect on its business operations or student programming. It expects to incur related expenses but notes that it maintains cybersecurity insurance that may cover incident response, remediation, regulatory, business interruption and legal costs, subject to deductibles, exclusions and limits.

Phoenix Education Partners (PXED), parent of University of Phoenix, operates as a large online educator focused on working adults in the U.S. post-secondary market. As of August 31, 2025, the University’s Average Total Degreed Enrollment was 81,900, with about 70% in bachelor’s, 16% master’s, 11% associate’s and 3% doctoral programs. Roughly 32% of enrollment comes through employer (B2B) relationships.

The company highlights a multiyear transformation: exiting non-core operations and campuses, redesigning programs around career-relevant skills, deploying AI-enabled platforms across the student journey, and investing in data-driven marketing. Net revenue grew from $835 million in fiscal 2023 to $1,007 million in fiscal 2025, while net income rose from $66 million to $135 million, reflecting improved student outcomes and operating performance.

PXED is highly regulated and heavily dependent on U.S. federal aid: in fiscal 2025, 88.6% of eligible tuition and fee revenue came from federal programs, primarily Title IV loans (about 65% of gross Title IV funds) and grants (about 35%). The filing details complex and evolving oversight around accreditation, state authorization, borrower-defense and closed-school discharge rules, and new 2025 legislation (OBBB) that tightens loan limits and adds earnings-based accountability for programs. In October 2025, the company completed an IPO in which Apollo- and Vistria-affiliated funds sold 4,887,500 shares at $32.00 per share, with all proceeds going to those selling stockholders.

Phoenix Education Partners, Inc. (PXED) announced that it has released its financial results for the three and twelve months ended August 31, 2025. The company issued a press release with these results, which is attached as Exhibit 99.1 to this report and incorporated by reference.

Phoenix Education Partners has also scheduled a webcast for 3:00 p.m. MST (5:00 p.m. ET) on November 20, 2025 to discuss its financial performance for this period. The financial information and press release referenced here are being furnished rather than filed, which limits how they are treated under federal securities laws.