Executive at Strategic Education (STRA) gets stock grant, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hokenson Christa
Role
CHIEF HUMAN RESOURCES OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,162 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,722 | $74.91 | $504K |
Holdings After Transaction:
Common Stock — 67,195 shares (Direct)
Footnotes (1)
- Number of shares withheld to cover taxes with respect to performance-based restricted shares that vested on February 24, 2026. These shares are restricted and will vest on February 26, 2030, subject to the satisfaction of certain performance criteria.
FAQ
What insider transactions did STRA report for Christa Hokenson?
Strategic Education reported that Christa Hokenson received 13,162 restricted common shares and had 6,722 shares withheld to cover taxes. The tax-withholding shares relate to performance-based restricted stock that vested on February 24, 2026.
Was Christa Hokenson’s Form 4 transaction in STRA a stock sale?
The Form 4 shows tax withholding, not an open-market sale. 6,722 STRA shares were surrendered at $74.91 per share to cover taxes on performance-based restricted stock that vested on February 24, 2026.
What stock award did STRA grant to its Chief Human Resources Officer?
Strategic Education granted Christa Hokenson 13,162 shares of restricted common stock at a stated price of $0.00 per share. These shares will vest on February 26, 2030, if specified performance criteria are satisfied.
What is the nature of the tax-withholding transaction in STRA’s Form 4?
The Form 4 describes the 6,722 STRA shares as withheld to satisfy tax obligations arising from performance-based restricted shares that vested on February 24, 2026. This is characterized as a tax-withholding disposition under transaction code F.