STOCK TITAN

CFO at Strategic Education (STRA) sells 13,000 shares under plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
X
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*
JACKSON DANIEL WAYNE

(Last) (First) (Middle)
2303 DULLES STATION BLVD.

(Street)
HERNDON VA 20171

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Strategic Education, Inc. [ STRA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF FINANCIAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 S(1) 5,675 D $81.73(2) 107,421 D
Common Stock 03/02/2026 S(1) 5,273 D $82.51(3) 102,148 D
Common Stock 03/02/2026 S(1) 2,052 D $83.75(4) 100,096 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on September 4, 2025.
2. Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $81.23 to $82.06, inclusive.
3. Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $82.24 to $83.05, inclusive.
4. Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $83.41 to $83.99, inclusive. The reporting person undertakes to provide Strategic Education, Inc., any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes of this Form 4.
/s/ Daniel W. Jackson 03/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did STRA report for its CFO?

Strategic Education’s CFO Daniel Wayne Jackson sold 13,000 common shares. The Form 4 shows three open-market sales on March 2, 2026, executed under a Rule 10b5-1 trading plan adopted on September 4, 2025, and reports his remaining direct shareholdings.

How many Strategic Education (STRA) shares did the CFO sell and at what prices?

The CFO sold 13,000 Strategic Education common shares. The transactions were split into blocks of 5,675, 5,273 and 2,052 shares at prices of $81.73, $82.51 and $83.75 per share, reflecting weighted average sale prices for multiple trades within disclosed ranges.

Was the STRA CFO’s share sale part of a Rule 10b5-1 plan?

Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on September 4, 2025. Such plans allow executives to pre-schedule trades, helping separate personal diversification decisions from potential access to nonpublic information.

How many STRA shares does the CFO still own after these sales?

After the reported March 2, 2026 sales, CFO Daniel Wayne Jackson directly owns 100,096 shares of Strategic Education common stock. This remaining ownership is disclosed in the Form 4 as his direct holdings following completion of the 13,000-share open-market transactions.

What type of transactions were reported in the STRA Form 4?

The Form 4 reports three non-derivative transactions coded “S,” indicating open-market or private sales of common stock. All were direct ownership transactions by the CFO, executed on March 2, 2026, at weighted average prices within specified trading ranges noted in the footnotes.
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1.98B
22.37M
Education & Training Services
Services-educational Services
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United States
HERNDON