PXED (Phoenix Education Partners) CAO receives 5,196 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Honaker Jeffrey Charles reported acquisition or exercise transactions in this Form 4 filing.
Phoenix Education Partners, Inc. reported that Chief Accounting Officer Jeffrey Charles Honaker received an equity award in the form of restricted stock units. He was granted 5,196 RSUs of common stock at a stated price of $0.00 per share, reflecting a compensation grant rather than a market purchase.
Following this award, Honaker holds 30,132 shares of common stock directly. According to the grant terms, one-third of the RSUs will vest on October 8, 2026, and the remaining two-thirds will vest in eight equal installments on each three-month anniversary thereafter over two years, tying the award to continued service over a multi-year period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Honaker Jeffrey Charles
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 5,196 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 30,132 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 5,196 units
Grant price: $0.00 per share
Post-transaction holdings: 30,132 shares
+2 more
5 metrics
RSUs granted
5,196 units
Restricted stock units granted on April 21, 2026
Grant price
$0.00 per share
Stated transaction price for RSU award
Post-transaction holdings
30,132 shares
Common stock held directly after the grant
Initial vesting date
October 8, 2026
One-third of RSUs vest on this date
Remaining vesting period
Eight quarterly installments over two years
Vesting for remaining two-thirds of RSUs
Key Terms
restricted stock units, 2025 Omnibus Incentive Plan, vest, three-month anniversary
4 terms
restricted stock units financial
"Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2025 Omnibus Incentive Plan financial
"granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan"
An omnibus incentive plan is a company-wide program that authorizes awards of pay tied to performance and retention—such as stock options, restricted shares, cash bonuses and other rewards—here labeled for the year it was adopted (2025). Investors care because it affects how much ownership can be issued, dilutes existing shareholders, and aligns executives’ and employees’ incentives with company goals, similar to giving team members a stake in the outcome.
vest financial
"that will vest and become shares of the Issuer's common stock"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
three-month anniversary financial
"shall vest in eight equal installments on each three-month anniversary thereafter over two years"
FAQ
What insider transaction did PXED report for Jeffrey Charles Honaker?
Phoenix Education Partners reported that Chief Accounting Officer Jeffrey Charles Honaker received a grant of 5,196 restricted stock units. These RSUs are a form of equity compensation and did not involve a cash purchase, as the stated price per share is $0.00.
What is the vesting schedule for Jeffrey Honaker’s 5,196 PXED RSUs?
The 5,196 restricted stock units vest over time. One-third will vest on October 8, 2026, while the remaining two-thirds will vest in eight equal installments on each three-month anniversary thereafter over a two-year period.
Was Jeffrey Honaker’s PXED equity award an open-market stock purchase?
No, the award was not an open-market purchase. The Form 4 lists transaction code A, indicating a grant or award, and shows a transaction price of $0.00 per share, consistent with compensation rather than a market buy.
Under which plan were Jeffrey Honaker’s PXED restricted stock units granted?
The restricted stock units were granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan. This plan provides the framework for equity-based compensation awards such as RSUs to company employees and officers.
What role does Jeffrey Charles Honaker hold at Phoenix Education Partners (PXED)?
Jeffrey Charles Honaker serves as Chief Accounting Officer of Phoenix Education Partners, Inc. His Form 4 filing reflects an equity compensation grant awarded in connection with his role as an officer of the company.