Raymond Karl Mcdonnell - Feb 13, 2022 Form 4 Insider Report for Strategic Education, Inc. (STRA)

Role: Chief Executive Officer, Director
Signature: /s/ Daniel W. Jackson, Attorney-in-Fact
Stock symbol: STRA
Transactions as of: Feb 13, 2022
Transactions value $: -$1,777,752
Form type: 4
Date filed: 2/15/2022, 04:26 PM
Next filing: Feb 28, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRA	Common Stock	Tax liability	-$657K	-12.1K	-7.95%	$54.17	140K	Feb 13, 2022	Direct
transaction	STRA	Common Stock	Sale	-$1.08M	-20K	-14.27%	$53.75	120K	Feb 14, 2022	Direct	F1, F2
transaction	STRA	Common Stock	Sale	-$43.5K	-800	-0.66%	$54.33	120K	Feb 14, 2022	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on September 12, 2019.
F2	Weighted average price, as these shares were sold in multiple transactions at prices ranging from $53.30 to $54.04, inclusive. The reporting person undertakes to provide Strategic Education, Inc., any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price with the range set forth in this footnote.

Content

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on September 12, 2019.

Weighted average price, as these shares were sold in multiple transactions at prices ranging from $53.30 to $54.04, inclusive. The reporting person undertakes to provide Strategic Education, Inc., any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price with the range set forth in this footnote.