Welcome to our dedicated page for Phoenix Education Partners SEC filings (Ticker: PXED), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Phoenix Education Partners, Inc. (NYSE: PXED) SEC filings page brings together the company’s official regulatory disclosures, including current reports, proxy materials, and periodic financial information filed with the U.S. Securities and Exchange Commission. As the parent company of The University of Phoenix, Inc., Phoenix Education Partners uses these filings to report its financial results, governance matters, and significant events affecting its business in the educational services sector.
Among the key filings are current reports on Form 8-K, which the company uses to furnish press releases announcing quarterly and annual results. For example, Phoenix Education Partners has filed 8-Ks to report financial results for the three and twelve months ended August 31, 2025, and for the three months ended November 30, 2025, along with information about scheduled webcasts to discuss those results. Another Form 8-K describes a cybersecurity incident involving the Oracle E-Business Suite software platform used by the University of Phoenix subsidiary, outlining the nature of the incident, remediation steps, and the company’s assessment of its impact on business operations and student programming.
The company’s definitive proxy statement on Schedule 14A (DEF 14A) provides detailed information about its 2026 Annual Meeting of Stockholders, including proposals such as the election of Class I directors and the ratification of the independent registered public accounting firm. The proxy statement also explains how stockholders can attend the virtual annual meeting, submit questions, and vote their shares, and it references additional sections on executive compensation, corporate governance, and security ownership.
Through its Annual Report on Form 10-K and related materials referenced in the proxy statement and news releases, Phoenix Education Partners discloses audited financial statements, earnings per share presentation, and the use of non-GAAP financial measures such as Adjusted Net Income, Adjusted EBITDA, Adjusted earnings per share, and Adjusted EBITDA margin. These filings explain how non-GAAP measures are defined, what items are excluded, and how they relate to the most directly comparable GAAP measures.
On this page, Stock Titan enhances access to PXED filings by pairing real-time updates from EDGAR with AI-powered summaries that highlight the main points of lengthy documents. Users can quickly see what each 8-K, DEF 14A, or 10-K covers, understand definitions of non-GAAP metrics, and identify disclosures about items such as cybersecurity incidents, liquidity arrangements, and dividend decisions. For investors tracking insider activity, this page also provides a path to Forms 3, 4, and 5, where beneficial ownership and changes in holdings by directors, officers, and significant shareholders are reported, with AI-generated explanations that clarify the significance of those transactions.
Phoenix Education Partners, Inc. (PXED) reported that Chief Human Resources Officer Cheryl M. Naumann exercised employee stock options and related share withholdings on August 26, 2026. She exercised 43,883 stock options at an exercise price of $11.04 per share, receiving an equal number of common shares. Of these, 25,502 common shares were delivered or withheld to pay the option exercise price or associated tax liability. The options were granted under The University of Phoenix, Inc. Management Equity Plan and were exercised because they were scheduled to expire before existing transfer restrictions on her PXED common stock lapse on October 8, 2026; no common shares were sold in connection with these transactions, and she remains subject to those transfer restrictions.
Phoenix Education Partners, Inc. (PXED) reported that Chief Legal Officer and Secretary Medi Srini exercised 60,052 employee stock options for common stock on August 25, 2026 at an exercise price of $11.04 per share. The related option grant was fully exercised, leaving 0 options from that grant. In connection with the exercise, 33,190 shares of common stock were delivered or withheld at $28.74 per share for payment of the exercise price or tax liability. A footnote states the options were granted under The University of Phoenix, Inc. Management Equity Plan, that transfer restrictions on the reporting person’s common stock remain in place until October 8, 2026, and that no shares were sold in connection with these transactions.
Phoenix Education Partners, Inc. (PXED) reported that Chief Executive Officer and director Lynne Christopher Mark exercised employee stock options for 75,260 shares of common stock at an exercise price of $11.04 per share. These options, granted under The University of Phoenix, Inc. Management Equity Plan, were fully exercised, leaving 0 options from this grant outstanding. In connection with the exercise, 45,249 shares of common stock were delivered or withheld at $28.74 per share to pay the exercise price or related tax liability. The company notes that Mark remains subject to previously disclosed transfer restrictions on PXED common stock until October 8, 2026, and no shares were sold by her in connection with this transaction.
Phoenix Education Partners, Inc. (PXED) reports that Chief Operating Officer Krishnaiah Raghu Ram exercised 62,782 employee stock options on August 19, 2026 at an exercise price of $11.04 per share, converting them into an equal number of common shares and reducing that option grant to 0 remaining.
On the same date, 39,825 common shares at $27.86 per share were delivered or withheld for payment of exercise price or tax liability. According to the company, no shares were sold, the options were scheduled to expire on August 31, 2026, and the COO remains subject to transfer restrictions on common stock until October 8, 2026.
Phoenix Education Partners, Inc. is reported to be majority owned by a group of Apollo-affiliated entities led by AP VIII Socrates Holdings, L.P. They report beneficial ownership of 24,901,319 shares of common stock, representing 69.1% of the outstanding class, based on 36,047,376 shares outstanding as of July 7, 2026.
All reporting entities list no sole voting or dispositive power and instead report shared voting and shared dispositive power over 24,901,319 shares. The filing explains the control chain among the Apollo entities and includes standard disclaimers that several parties and certain directors of Apollo Principal Holdings A GP, Ltd. disclaim beneficial ownership of the reported shares.
Phoenix Education Partners, parent of University of Phoenix, generated $271.8 million in net revenue for Q3 FY2026, essentially flat year over year. Net income attributable to the company was $39.2 million, or $1.01 diluted EPS, reflecting higher share-based compensation and strategic, restructuring and cybersecurity-related costs following the 2025 IPO.
For the first nine months, net revenue was $756.3 million and adjusted EBITDA reached $188.1 million (24.9% margin). Operating cash flow improved to $116.7 million, while the company held $155.0 million of cash and cash equivalents and $111.4 million of marketable securities, with no borrowings under a $100 million revolving credit facility.
Average Total Degreed Enrollment rose 2.2% year over year to 84,500 for the nine-month period, supported by growth in employer-related enrollment. The company authorized a $50 million share repurchase program, buying about $4.0 million of stock, and paid a $0.21-per-share Q3 dividend. Key uncertainties include borrower defense to repayment exposure and ongoing data-privacy and cybersecurity litigation, though a comprehensive cyber insurance policy is in place.
Phoenix Education Partners, Inc., parent of University of Phoenix, reported third quarter fiscal 2026 net revenue of $271.8 million, essentially flat with a year earlier, while Average Total Degreed Enrollment edged up to 85,300. Net income attributable to the company declined to $39.2 million, or $1.01 diluted EPS, from $53.8 million, or $1.42, primarily reflecting higher share-based compensation tied to its IPO, increased advertising, and greater strategic alternatives and restructuring costs. Adjusted EBITDA was $78.1 million, down from $83.4 million, and adjusted diluted EPS was $1.43 versus $1.57.
For the first nine months of 2026, net revenue rose to $756.3 million, with Average Total Degreed Enrollment of 84,500, but net income attributable fell to $65.4 million, or $1.69 diluted EPS. The company generated $116.7 million in operating cash flow and ended May 31, 2026 with $269.4 million in cash, restricted cash and marketable securities and no debt, supported by a $100.0 million undrawn revolving credit facility. Management paid and declared regular quarterly dividends of $0.21 per share and repurchased 0.1 million shares for $4.0 million under a $50 million authorization, with $46.0 million remaining. For fiscal 2026, it guides to net revenue of $1,020.0–$1,025.0 million and Adjusted EBITDA of $246.0–$250.0 million.
Phoenix Education Partners, Inc. reported that director Robert Lee Brackenbury received a grant of 2,332 restricted stock units of common stock. The award was made as a compensation-related grant and was acquired directly. These units will vest on the date of the annual meeting of stockholders in 2027, subject to the terms of the company’s 2025 Omnibus Incentive Plan. Following this grant, Brackenbury holds 2,332 shares/units directly as reported in this filing.
Phoenix Education Partners, Inc. filed an initial statement of beneficial ownership (Form 3) for Robert Lee Brackenbury, who is identified as a director of the company. The filing does not list any equity transactions or derivative positions and includes no reported holdings at this time.
Phoenix Education Partners, Inc. appointed Robert Brackenbury to its Board of Directors as a Class I director effective July 9, 2026. He will serve on the Board’s audit committee. Brackenbury previously served at the State of Michigan Retirement System from 2010 to 2026, most recently as Deputy Chief Investment Officer overseeing investment management of more than $170 billion in combined pension and other state trust fund assets.
His background includes roles as a State Tax Tribunal judge, Assistant Attorney General, senior administrative positions at Eastern Michigan University, and service as a U.S. Army officer. He currently serves on the board of Athene Holding Ltd. He has entered into a standard indemnification agreement with the company and will be eligible for director compensation as described in the company’s 2025 proxy statement. The company states there are no related-party transactions involving Brackenbury requiring disclosure under Item 404(a) of Regulation S‑K.