Welcome to our dedicated page for Strategic Education SEC filings (Ticker: STRA), 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.
Strategic Education, Inc. (NASDAQ: STRA) files reports and disclosures with the U.S. Securities and Exchange Commission as a public company listed on the Nasdaq Global Select Market. According to recent Form 8-K filings, the company uses these reports to furnish press releases announcing its financial results for periods such as the quarters ended June 30 and September 30, along with other required information under the federal securities laws.
On this SEC filings page, users can review Strategic Education’s regulatory documents, including current reports on Form 8-K that describe results of operations and financial condition. These filings typically reference consolidated revenue, income from operations, net income, and segment performance for U.S. Higher Education, Education Technology Services, and Australia/New Zealand. They may also include discussions of non-GAAP measures such as adjusted income from operations, adjusted net income, adjusted EBITDA, and constant currency revenue, as well as information on enrollment trends and cash flow.
In addition to Form 8-K, Strategic Education also files annual reports on Form 10-K, quarterly reports on Form 10-Q, and other documents required of companies with securities registered under Section 12(b) of the Exchange Act. These filings provide detail on the company’s business segments, risk factors, accounting policies, and capital structure, including the listing of its common stock, par value $0.01 per share, on the Nasdaq Global Select Market under the symbol STRA.
Through Stock Titan, users can access these SEC filings as they are made available on EDGAR and use AI-powered tools to help interpret complex disclosures. This can include summarizing lengthy sections, highlighting key metrics and segment information, and surfacing references to topics such as enrollment, employer partnerships, and segment performance that are central to understanding Strategic Education’s operations.
Strategic Education, Inc. chief financial officer Daniel Wayne Jackson reported selling a total of 13,000 shares of common stock in three open-market transactions on March 2, 2026. The shares were sold at prices of $81.73, $82.51, and $83.75 per share.
These sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025. After the transactions, Jackson directly holds 100,096 shares of Strategic Education common stock.
Strategic Education, Inc. reports 2025 revenue of $1.3 billion and describes a diversified education services model across the U.S., Australia, and New Zealand. The company operates Capella University, Strayer University, and the ANZ entities, serving working adults, recent graduates, and international students through campus-based, online, and competency‑based programs.
Its U.S. Higher Education, ANZ, and Education Technology Services segments span degree programs, short courses, and platforms like Sophia Learning and Workforce Edge, supported by extensive employer partnerships, a large global faculty and staff base, and a stated focus on affordability, innovation, and student outcomes.
Strategic Education, Inc. reported that General Counsel Lizette Benedi Herraiz had two equity-related transactions in common stock. On February 26, 2026, she acquired 13,162 shares at
On February 24, 2026, 8,724 shares were disposed of at
Strategic Education, Inc. director and chief executive officer Raymond Karl McDonnell reported multiple transactions in the company’s common stock. On February 24, 2026, he disposed of 28,293 shares to cover taxes on performance-based restricted shares that vested that day, and sold an additional 18,052 shares and 20,788 shares in open-market transactions under a pre-established Rule 10b5-1 trading plan at weighted-average prices within disclosed ranges around the mid‑$70s per share. After these sales and tax-withholding dispositions, he directly held 106,332 shares. On February 26, 2026, he received a grant of 52,646 restricted shares at no cost, which will vest on February 26, 2030 if specified performance criteria are met, bringing his direct holdings to 158,978 shares of common stock.
Strategic Education, Inc. reported that Chief Human Resources Officer Christa Hokenson received a grant of 13,162 shares of common stock at a stated price of $0.00 per share. According to the filing, these shares are restricted and will vest on February 26, 2030, subject to specified performance criteria.
The filing also shows a separate disposition of 6,722 common shares at $74.91 per share that were withheld to cover taxes on performance-based restricted shares that vested on February 24, 2026. After these transactions, Hokenson directly held 54,033 common shares, with 13,162 of them subject to future vesting conditions.
Strategic Education, Inc. chief accounting officer Tal Darmon reported two stock transactions involving common shares. On February 26, 2026, Darmon acquired 4,607 restricted shares as a grant, which will vest on February 26, 2030. On February 24, 2026, 4,784 shares were withheld to cover taxes on vested restricted stock, a disposition for tax withholding rather than an open-market sale.
Strategic Education, Inc. director and chairman Robert S. Silberman reported equity compensation and related tax withholding in company stock. He received a grant of 52,646 shares of restricted Common Stock, which will vest on February 26, 2030 subject to performance criteria. Separately, 28,260 shares were withheld to cover taxes on performance-based restricted shares that vested on February 24, 2026. Following these transactions, he directly holds 319,152 shares of Common Stock, including 851 shares acquired under the company’s 401(k) plan.
Strategic Education, Inc. chief financial officer Daniel Wayne Jackson reported two stock transactions involving the company’s common stock. On February 26, 2026, he acquired 26,323 restricted shares at a price of $0.00 per share as a grant or award. According to the disclosure, these shares are restricted and will vest on February 26, 2030, subject to specified performance criteria, so he does not fully own them yet.
On February 24, 2026, 17,363 shares were disposed of at $74.91 per share to cover tax obligations related to performance-based restricted shares that vested on that date. This was a tax-withholding disposition rather than an open-market sale. After these transactions, his directly held common stock positions were updated as reported in the filing.
Strategic Education, Inc. reported stronger results for 2025, with revenue rising 4.0% to $1,268.2 million, led by Education Technology Services. Net income increased to $126.6 million, and diluted EPS grew to $5.41, while adjusted diluted EPS on a constant currency basis reached $6.21.
Fourth-quarter revenue rose 3.8% to $323.2 million and net income climbed to $37.9 million, with operating margins improving as technology and AI-enabled productivity initiatives supported 35% operating income growth. ETS revenue grew 28.3% in the quarter to $39.1 million, and Sophia Learning revenue increased 40.8% to $18.0 million as subscribers rose about 47%.
U.S. Higher Education revenue increased modestly despite a 4.0% enrollment decline, helped by higher revenue per student and growing employer-affiliated and healthcare enrollment. Australia/New Zealand saw slightly lower revenue and enrollment but higher margins. The company ended 2025 with $153.1 million in cash, generated $153.9 million in free cash flow, repurchased 1.7 million shares for $138.9 million, and declared a $0.60 quarterly dividend.