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.
Strategic Education, Inc. is asking stockholders to elect twelve directors, ratify Deloitte & Touche LLP as auditor, and approve an advisory vote on executive pay at its virtual 2026 annual meeting on April 22.
The proxy highlights five-year unaudited financial data through December 31, 2025. Revenues grew from $1,132,924 thousand in 2023 to $1,268,220 thousand in 2025, while adjusted income from operations rose from $124,578 thousand in 2023 to $196,140 thousand in 2025.
Net income increased from $69,791 thousand in 2023 to $126,614 thousand in 2025, and adjusted diluted earnings per share moved from $3.72 in 2023 to $6.18 in 2025. The company notes that 2025 adjusted results exclude roughly $22 million in restructuring costs. The filing also details board composition, director compensation, committee structures, and an executive pay program emphasizing performance-based incentives and stock ownership guidelines.
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.
Strategic Education, Inc. reports 2025 revenue of $1.3 billion and describes a diversified education services model across the U.S., Australia, and New Zealand. The company operates Capella University, Strayer University, and the ANZ entities, serving working adults, recent graduates, and international students through campus-based, online, and competency‑based programs.
Its U.S. Higher Education, ANZ, and Education Technology Services segments span degree programs, short courses, and platforms like Sophia Learning and Workforce Edge, supported by extensive employer partnerships, a large global faculty and staff base, and a stated focus on affordability, innovation, and student outcomes.
Strategic Education, Inc. reported that General Counsel Lizette Benedi Herraiz had two equity-related transactions in common stock. On February 26, 2026, she acquired 13,162 shares at $0.0000 per share as a grant or award. Footnotes state these shares are restricted and will vest on February 26, 2030, subject to specified performance criteria.
On February 24, 2026, 8,724 shares were disposed of at $74.91 per share in a tax-withholding transaction related to performance-based restricted shares that vested the same day, rather than an open-market sale. Following these transactions, her directly held common stock includes shares acquired through the company’s 401(k) and employee stock purchase plans.
Strategic Education, Inc. director and chief executive officer Raymond Karl McDonnell reported multiple transactions in the company’s common stock. On February 24, 2026, he disposed of 28,293 shares to cover taxes on performance-based restricted shares that vested that day, and sold an additional 18,052 shares and 20,788 shares in open-market transactions under a pre-established Rule 10b5-1 trading plan at weighted-average prices within disclosed ranges around the mid‑$70s per share. After these sales and tax-withholding dispositions, he directly held 106,332 shares. On February 26, 2026, he received a grant of 52,646 restricted shares at no cost, which will vest on February 26, 2030 if specified performance criteria are met, bringing his direct holdings to 158,978 shares of common stock.
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.
Strategic Education, Inc. chief accounting officer Tal Darmon reported two stock transactions involving common shares. On February 26, 2026, Darmon acquired 4,607 restricted shares as a grant, which will vest on February 26, 2030. On February 24, 2026, 4,784 shares were withheld to cover taxes on vested restricted stock, a disposition for tax withholding rather than an open-market sale.
Strategic Education, Inc. director and chairman Robert S. Silberman reported equity compensation and related tax withholding in company stock. He received a grant of 52,646 shares of restricted Common Stock, which will vest on February 26, 2030 subject to performance criteria. Separately, 28,260 shares were withheld to cover taxes on performance-based restricted shares that vested on February 24, 2026. Following these transactions, he directly holds 319,152 shares of Common Stock, including 851 shares acquired under the company’s 401(k) plan.
Strategic Education, Inc. chief financial officer Daniel Wayne Jackson reported two stock transactions involving the company’s common stock. On February 26, 2026, he acquired 26,323 restricted shares at a price of $0.00 per share as a grant or award. According to the disclosure, these shares are restricted and will vest on February 26, 2030, subject to specified performance criteria, so he does not fully own them yet.
On February 24, 2026, 17,363 shares were disposed of at $74.91 per share to cover tax obligations related to performance-based restricted shares that vested on that date. This was a tax-withholding disposition rather than an open-market sale. After these transactions, his directly held common stock positions were updated as reported in the filing.