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Director McRobbie receives 1,436 STRA restricted shares in new stock award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

McRobbie Michael A. reported acquisition or exercise transactions in this Form 4 filing.

Strategic Education, Inc. director Michael A. McRobbie received an award of 1,436 shares of common stock as restricted stock. The award was granted at no cash price per share and will vest in three equal annual installments beginning on April 22, 2027. Following this grant, he holds 9,069 common shares directly.

Positive

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Negative

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Insider McRobbie Michael A.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,436 $0.00 --
Holdings After Transaction: Common Stock — 9,069 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock award 1,436 shares Grant of common stock to director on April 22, 2026
Grant price $0.0000 per share Restricted stock awarded without cash payment
Post-transaction holdings 9,069 shares Common stock directly owned after the grant
Vesting schedule Three equal annual installments Beginning April 22, 2027 for the restricted stock
restricted stock financial
"Represents an award of restricted stock which will vest in three equal annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McRobbie Michael A.
(Last)(First)(Middle)
2303 DULLES STATION BLVD
(Street)
HERNDON VIRGINIA 20171
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Strategic Education, Inc. [ STRA ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/22/2026A1,436(1)A$09,069D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of restricted stock which will vest in three equal annual installments beginning April 22, 2027.
/s/ Daniel W. Jackson, Attorney-in-Fact04/24/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Strategic Education (STRA) disclose in this Form 4?

Strategic Education reported that director Michael A. McRobbie received an award of 1,436 shares of common stock. These shares were granted as restricted stock, with no cash price per share, and increase his directly held position in the company.

How many Strategic Education (STRA) shares did Michael A. McRobbie receive?

Michael A. McRobbie received 1,436 shares of Strategic Education common stock. The filing identifies this as a grant or award acquisition of restricted stock, adding to his existing holdings rather than an open-market purchase or sale of shares.

What is the vesting schedule for Michael A. McRobbie’s new STRA restricted stock?

The 1,436 restricted shares will vest in three equal annual installments. Vesting begins on April 22, 2027, meaning one-third of the award vests each year over three years, according to the footnote in the Form 4 filing.

How many Strategic Education (STRA) shares does Michael A. McRobbie own after this grant?

After the restricted stock grant, Michael A. McRobbie directly holds 9,069 shares of Strategic Education common stock. This total includes the newly granted restricted shares reported in the Form 4 insider transaction filing.

Was cash paid for the Strategic Education (STRA) shares granted to Michael A. McRobbie?

No cash was paid for these shares. The Form 4 shows a transaction price per share of 0.0000, indicating the 1,436 common shares were received as a restricted stock award rather than purchased in the market.