ROBERT R. GRUSKY - 23 Apr 2025 Form 4 Insider Report for Strategic Education, Inc. (STRA)

Role: Director
Signature: /s/ Daniel W. Jackson, Attorney-in-Fact
Issuer symbol: STRA
Transactions as of: 23 Apr 2025
Net transactions value: -$119,923
Form type: 4
Filing time: 25 Apr 2025, 16:18:37 UTC
Previous filing: 03 Jan 2025
Next filing: 12 Dec 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STRA	Common Stock	Award	$0	+1,498	+13%	$0.000000	12,843	23 Apr 2025	Direct	F1
transaction	STRA	Common Stock	Sale	$119,923	-1,494	-12%	$80.27	11,349	25 Apr 2025	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock which will vest in three equal annual installments beginning April 23, 2026.
F2	Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $80.00 to $80.50, 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 range set forth in the footnotes of this Form 4.

Content

Represents an award of restricted stock which will vest in three equal annual installments beginning April 23, 2026.

Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $80.00 to $80.50, 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 range set forth in the footnotes of this Form 4.