Raghu Ram Krishnaiah - 09 Oct 2025 Form 4 Insider Report for Phoenix Education Partners, Inc. (PXED)

Role: Chief Operating Officer
Signature: /s/ Blair Westblom, as attorney-in-fact for Raghu Krishnaiah
Issuer symbol: PXED
Transactions as of: 09 Oct 2025
Net transactions value: $0
Form type: 4
Filing time: 14 Oct 2025, 16:36:40 UTC
Previous filing: 08 Oct 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Krishnaiah Raghu Ram	Chief Operating Officer	C/O PHOENIX EDUCATION PARTNERS, INC., 4035 S. RIVERPOINT PARKWAY, PHOENIX	/s/ Blair Westblom, as attorney-in-fact for Raghu Krishnaiah	14 Oct 2025	0002085221

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PXED	Common Stock, par value $0.01 per share	Award		+13,500			13,500	09 Oct 2025	Direct	F1
transaction	PXED	Common Stock, par value $0.01 per share	Award		+54,684	+405%		68,184	09 Oct 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	PXED	Employee Stock Option (Right to Buy)	Award		+62,782			62,782	09 Oct 2025	Common Stock	62,782	$11.04	Direct	F3
transaction	PXED	Employee Stock Option (Right to Buy)	Award		+161,820			161,820	09 Oct 2025	Common Stock	161,820	$3.79	Direct	F3
transaction	PXED	Employee Stock Option (Right to Buy)	Award		+15,424			15,424	09 Oct 2025	Common Stock	15,424	$3.79	Direct	F3
transaction	PXED	Employee Stock Option (Right to Buy)	Award		+61,602			61,602	09 Oct 2025	Common Stock	61,602	$10.61	Direct	F3
transaction	PXED	Employee Stock Option (Right to Buy)	Award		+61,602			61,602	09 Oct 2025	Common Stock	61,602	$10.61	Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Consists of shares of common stock in The University of Phoenix, Inc. held by the Reporting Person that became shares of common stock of the Issuer in connection with the closing of the Issuer's initial public offering (the "IPO").
F2	Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan (the "Omnibus Incentive Plan") that will vest and become exercisable for shares of the Issuer's common stock in accordance with the following: (i) 1/3 of such units shall vest on the first anniversary of the date of grant and (ii) the remaining 2/3 of such units shall vest in eight?equal installments on each three-month anniversary thereafter over two years.
F3	Consists of stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO.
F4	Consists of (i) 5,629 stock options granted under the University Equity Plan that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO and (ii) 55,973 stock options granted under the University Equity Plan that vest and become exercisable for shares of the Issuer's common stock on the twelve-month anniversary of the closing of the IPO.