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. filings document the regulatory record of an education-services company with common stock listed on the Nasdaq Global Select Market. Form 8-K reports primarily furnish operating results and financial condition updates, including segment commentary for Education Technology Services, U.S. Higher Education, Australia/New Zealand, and related platforms such as Sophia Learning.
Proxy materials describe annual meeting procedures, director elections, auditor ratification, advisory executive compensation votes, board practices, compensation disclosures, and selected financial information. The filings also identify the company’s registered common stock, public-company governance framework, and recurring disclosure obligations.
Sasse Benjamin E reported acquisition or exercise transactions in this Form 4 filing.
Strategic Education, Inc. director Benjamin E. Sasse reported receiving two awards of restricted common stock as equity compensation. One award covers 957 shares, and a second award of 1,436 shares was issued in lieu of $80,000 of board cash retainer fees.
Both restricted stock awards will vest in three equal annual installments beginning on April 22, 2027, meaning Sasse gains ownership rights over time rather than immediately. These are compensation-related grants, not open-market stock purchases or sales.
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.
Strategic Education, Inc. director Robert R Grusky reported an equity compensation grant of 1,436 shares of common stock. The shares were awarded at a price of $0.00 per share as a restricted stock award.
According to the footnote, this restricted stock will vest in three equal annual installments beginning on April 22, 2027. After this grant, Grusky directly owns a total of 11,382 shares of Strategic Education common stock, reflecting a routine, compensation-related acquisition rather than an open-market purchase.
DINH VIET D reported acquisition or exercise transactions in this Form 4 filing.
Strategic Education, Inc. director Dinh Viet reported two stock-based compensation awards of common stock. One grant covers 957 restricted shares at $83.62 per share. A second grant of 1,436 restricted shares was issued in lieu of $80,000 in board cash retainer fees. Both awards are restricted stock that will vest in three equal annual installments beginning on April 22, 2027, aligning the director’s compensation more closely with long-term shareholder value.
Cappelli Gregory William reported acquisition or exercise transactions in this Form 4 filing.
Strategic Education, Inc. director Gregory William Cappelli received a grant of 1,436 shares of Common Stock as an award of restricted stock. These shares will vest in three equal annual installments beginning April 22, 2027. After this grant, Cappelli holds 2,934 shares directly.
BROGLEY RITA D reported acquisition or exercise transactions in this Form 4 filing.
Strategic Education, Inc. director Rita D. Brogley received a grant of 1,436 shares of common stock as a restricted stock award. The award will vest in three equal annual installments beginning on April 22, 2027. Following this equity grant, she directly holds 14,110 shares of common stock.
BEASON CHARLOTTE F reported acquisition or exercise transactions in this Form 4 filing.
Strategic Education, Inc. director Charlotte F. Beason received a grant of 1,436 shares of common stock as equity compensation. The award is in the form of restricted stock that will vest in three equal annual installments beginning on April 22, 2027. After this grant, Beason directly holds a total of 24,093 common shares, indicating a routine compensation-related increase rather than an open-market purchase.
Strategic Education, Inc. reported modestly higher results for the quarter ended March 31, 2026. Revenue was $305.9 million, up slightly from $303.6 million a year earlier, while net income rose to $32.8 million from $29.7 million. Operating income increased to $41.1 million, helped by lower instructional and support costs, though general and administration expenses grew.
Basic earnings per share improved to $1.52 from $1.28 as the company continued repurchasing stock, reducing average shares outstanding. Cash provided by operating activities strengthened to $87.4 million from $67.7 million, giving more flexibility after $40.0 million of share repurchases and $13.6 million of dividends. The ANZ segment showed revenue growth but remained loss-making, while Education Technology Services delivered higher revenue and operating income.
The company highlighted ongoing regulatory and legal developments in the U.S. and Australia, including borrower-defense matters in the United States and a Fair Work Ombudsman dispute affecting Torrens University, noting that outcomes remain uncertain and could affect future results.
Strategic Education, Inc. reported first quarter 2026 results showing modest overall growth but stronger profitability and cash generation. Revenue rose 0.8% to $305.9 million, while income from operations increased to $41.1 million, a 13.4% margin.
Net income grew to $32.8 million and diluted EPS to $1.48, helped by a lower share count after repurchasing 493,105 shares for $40.0 million. Adjusted EBITDA reached $62.2 million.
The Education Technology Services segment stood out, with revenue up 21.0% to $41.5 million and operating margin improving to 47.4%. U.S. Higher Education revenue fell 3.8% and ANZ enrollment declined, though ANZ revenue benefited from foreign currency. Free cash flow strengthened to $77.3 million, and cash, cash equivalents, and marketable securities totaled $162.6 million with no revolver debt. The company declared a quarterly dividend of $0.60 per share.
Strategic Education Inc received a Schedule 13G/A Amendment No. 10 from The Vanguard Group reporting 0 shares beneficially owned, representing 0% of the class. The filing states Vanguard completed an internal realignment on January 12, 2026, and certain subsidiaries will report beneficial ownership separately; Vanguard no longer is deemed to have beneficial ownership of securities held by those subsidiaries. The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/27/2026.