Director at Phoenix Education Partners (PXED) receives 4,394 restricted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bird Andrew Peter reported acquisition or exercise transactions in this Form 4 filing.
Phoenix Education Partners, Inc. reported that director Andrew Peter Bird received a grant of 4,394 shares of common stock as restricted stock units under the company’s 2025 Omnibus Incentive Plan. Following this award, he holds 6,425 shares directly.
The restricted stock units will vest on the earlier of the next year’s annual meeting of stockholders following the grant date or the first anniversary of the grant date, as long as he continues serving on the board through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bird Andrew Peter
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 did Phoenix Education Partners (PXED) disclose in this Form 4?
Phoenix Education Partners disclosed that director Andrew Peter Bird received 4,394 restricted stock units of common stock. These equity awards are part of the 2025 Omnibus Incentive Plan and increase his directly held shares to 6,425 after the reported grant.
What is Andrew Peter Bird’s total Phoenix Education Partners (PXED) holding after this grant?
After the reported grant, Andrew Peter Bird beneficially owns 6,425 shares of Phoenix Education Partners common stock directly. This figure includes the 4,394 restricted stock units awarded and reflects his total non-derivative holdings following the transaction date reported.
When do the Phoenix Education Partners (PXED) restricted stock units vest?
The restricted stock units vest on the earlier of the next annual meeting of stockholders following the grant date or the first anniversary of the grant date. Vesting is conditioned on Andrew Peter Bird’s continued service on Phoenix Education Partners’ board through that vesting date.
What plan governs the Phoenix Education Partners (PXED) equity award to the director?
The equity award was granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan. This plan authorizes restricted stock unit grants to directors, with vesting tied to continued board service and key dates such as the annual stockholder meeting or grant anniversary.
Was the Phoenix Education Partners (PXED) Form 4 transaction a market purchase or sale?
No, the Form 4 reports a grant classified as an acquisition, not a market trade. The transaction code is “A,” indicating a grant, award, or other acquisition of 4,394 restricted stock units at a stated price of $0.00 per share to the director.