Strategic Education (NASDAQ: STRA) HR chief sells 2,000 shares

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Strategic Education, Inc.’s chief human resources officer, Christa Hokenson, sold 2,000 shares of Common Stock in an open-market sale at $80.00 per share on June 4, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 Trading Plan adopted on December 12, 2025. After this sale, she directly holds 65,195 shares, indicating that the trade represents a relatively small portion of her reported ownership.

Insights

Small Rule 10b5-1 sale; routine liquidity signal.

Chief human resources officer Christa Hokenson sold 2,000 shares of Strategic Education, Inc. Common Stock at $80.00 per share in an open-market transaction. Following the sale, she continues to hold 65,195 shares directly, so the transaction is modest relative to her position.

The footnote states the sale was made under a Rule 10b5-1 Trading Plan adopted on December 12, 2025. Such plans schedule trades in advance, which generally makes the timing less informative about management’s current view of the stock. With no derivatives reported outstanding here, the filing mainly updates her direct equity stake.

Insider Trade Summary 10b5-1

Net Seller: 2,000 shares ($160,000)

Net Sell 1 txn

Insider Hokenson Christa

Role CHIEF HUMAN RESOURCES OFFICER

Sold 2,000 shs ($160K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$80.00	$160K

Holdings After Transaction: Common Stock — 65,195 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 2,000 shares Sale price: $80.00 per share Shares held after transaction: 65,195 shares +1 more

4 metrics

Shares sold 2,000 shares Open-market sale on June 4, 2026

Sale price $80.00 per share Common Stock transaction

Shares held after transaction 65,195 shares Direct ownership following sale

Net share direction 2,000 net shares sold transactionSummary netBuySellShares

Key Terms

Rule 10b5-1 Trading Plan, open-market sale, Common Stock

3 terms

Rule 10b5-1 Trading Plan regulatory

"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

06/05/2026 - 04:10 PM

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).

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^*

Hokenson Christa

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF HUMAN RESOURCES OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/04/2026		S⁽¹⁾		2,000	D	$80	65,195	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

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 December 12, 2025.

	/s/ Daniel W. Jackson, Attorney-in-Fact	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did STRA’s Christa Hokenson report on this Form 4?

Christa Hokenson reported selling 2,000 shares of Strategic Education, Inc. Common Stock. The open-market sale occurred at a price of $80.00 per share, updating her direct equity position as disclosed in this Form 4 filing.

How many STRA shares does Christa Hokenson hold after the reported sale?

After the transaction, Christa Hokenson directly holds 65,195 shares of Strategic Education, Inc. Common Stock. This shows that the 2,000-share sale was relatively small compared with her remaining reported ownership stake in the company.

Was the STRA insider sale by Christa Hokenson under a Rule 10b5-1 plan?

Yes. The filing notes the sale was effected under a Rule 10b5-1 Trading Plan adopted on December 12, 2025. These pre-arranged plans schedule trades in advance, reducing the significance of trade timing as an indicator of insider sentiment.

What was the sale price for Christa Hokenson’s STRA shares?

The reported transaction price for Christa Hokenson’s sale of Strategic Education, Inc. Common Stock was $80.00 per share. This price reflects the consideration received per share in the open-market transaction disclosed in the Form 4.

What role does Christa Hokenson hold at Strategic Education, Inc. (STRA)?

Christa Hokenson serves as the chief human resources officer at Strategic Education, Inc. This executive role is identified in the Form 4, providing context for her status as a reporting person for insider transactions in STRA stock.