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

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Dilek Marsh, by Lyn Bickle, as Attorney-in-fact
Stock symbol
LOPE
Transactions as of
Sep 18, 2024
Transactions value $
-$211,845
Form type
4
Date filed
9/20/2024, 04:20 PM
Previous filing
Jun 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOPE Common Stock Sale -$212K -1.5K -6.21% $141.23 22.7K Sep 18, 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 Decembrer 14, 2023.