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.
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.
Strategic Education, Inc. reported that its General Counsel, Lizette Benedi Herraiz, sold 2,982 shares of common stock in an open‑market transaction at a weighted average price of $79.88 per share on March 18, 2026, under a pre‑arranged Rule 10b5‑1 trading plan.
Following this sale, she directly holds 55,580 shares of common stock, which includes 605 shares acquired through the company’s 401(k) and Employee Stock Purchase plans. The sale was executed in multiple trades at prices between $79.36 and $80.30 per share.
Issuer filed a Form 144 reporting an intended resale of 2,982 restricted shares of Common Stock and prior dispositions of 7,598 shares. The prior sale occurred on 03/13/2026 for $607,586.99. The reporting party is Lizette Benedí Herraiz with an address in Herndon, VA.
The entry lists the securities as restricted stock dated 02/25/2025 and identifies the broker-dealer as Morgan Stanley Smith Barney LLC in New York. Timing and exact method for the resale of the 2,982 restricted shares are stated on the notice.
Strategic Education, Inc. chairman and officer Robert S. Silberman made an open-market purchase of 718 shares of Common Stock at a price of $80.82 per share on March 13, 2026. After this transaction, he directly owns 319,870 shares, which include 851 shares acquired through the company’s 401(k) plan.
Strategic Education, Inc.'s general counsel, Lizette Benedi Herraiz, reported selling 7,598 shares of common stock in open-market transactions. She sold 2,686 shares at a weighted average price of about $79.54 per share and 4,912 shares at about $80.20 per share.
The sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025, which means the trades were scheduled in advance. After these transactions, she directly owns 58,562 shares, including 605 shares acquired through the company’s 401(k) and employee stock purchase plans.