Director at Phoenix Education (PXED) awarded 4,394 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Phoenix Education Partners, Inc. director Jeffrey John Denham reported an equity award in the form of restricted stock units. He acquired 4,394 units of common stock on a grant or award basis at a stated price of $0.00 per share, bringing his holdings to 6,425 shares.
The units were granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan and will vest on the earlier of the next annual stockholders’ meeting following the grant date or the first anniversary of the grant date, subject to his continued service on the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Denham Jeffrey John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 4,394 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 6,425 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Phoenix Education Partners (PXED) report on this Form 4?
Phoenix Education Partners reported an equity award to director Jeffrey John Denham. He received 4,394 restricted stock units of common stock, granted at a stated price of $0.00 per share, under the company’s 2025 Omnibus Incentive Plan as a board-related compensation grant.
What type of award did Phoenix Education Partners (PXED) grant to its director?
The company granted restricted stock units tied to its common stock to director Jeffrey John Denham. These units were issued under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan as a non-cash equity incentive, rather than through an open‑market purchase transaction at a cash price.
When do the Phoenix Education Partners (PXED) restricted stock units vest for the director?
The restricted stock units vest on the earlier of two dates: the annual meeting of stockholders in the year following the grant or the first anniversary of the grant date. Vesting is conditioned on the director’s continued service on the board through that vesting date.
Was the Phoenix Education Partners (PXED) director’s Form 4 transaction a market buy or sell?
The Form 4 shows a grant or award acquisition, not a market buy or sell. Director Jeffrey John Denham received 4,394 restricted stock units at a stated price of $0.00 per share as compensation under the company’s 2025 Omnibus Incentive Plan, classified under transaction code “A.”