Dilek Marsh - 18 Jun 2024 Form 4 Insider Report for Grand Canyon Education, Inc. (LOPE)

Signature
/s/ Dilek Marsh, by Lyn Bickle, as Attorney-in-fact
Issuer symbol
LOPE
Transactions as of
18 Jun 2024
Net transactions value
-$205,170
Form type
4
Filing time
20 Jun 2024, 16:15:05 UTC
Previous filing
19 Mar 2024
Next filing
20 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOPE Common Stock Sale $205,170 -1,500 -5.8% $136.78 24,174 18 Jun 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 December 14, 2023.