Raymond Karl Mcdonnell - Feb 27, 2023 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 27, 2023
Transactions value $
-$3,421,367
Form type
4
Date filed
3/1/2023, 03:38 PM
Previous filing
Feb 24, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRA Common Stock Tax liability -$1.57M -17.7K -8.02% $88.26 203K Feb 27, 2023 Direct
transaction STRA Common Stock Sale -$1.1M -12.9K -6.33% $85.51 191K Feb 28, 2023 Direct F1, F2
transaction STRA Common Stock Sale -$690K -8K -4.2% $86.30 183K Feb 28, 2023 Direct F1, F3
transaction STRA Common Stock Sale -$63.3K -726 -0.4% $87.24 182K Feb 28, 2023 Direct F1, F4
* 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 19, 2019.
F2 Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $85.02 to $86.01, inclusive.
F3 Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $86.02 to $86.97, inclusive.
F4 Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $87.03 to $87.45, 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 separate price within the ranges set forth in the footnotes of this Form 4.