Chevy Humphrey - 11 Nov 2025 Form 4 Insider Report for Grand Canyon Education, Inc. (LOPE)

Role: Director
Signature: /s/ Chevy Humphrey, by Lyn Bickle, as Attorney-in-fact
Issuer symbol: LOPE
Transactions as of: 11 Nov 2025
Net transactions value: -$99,690
Form type: 4
Filing time: 12 Nov 2025, 16:15:07 UTC
Previous filing: 12 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Humphrey Chevy	Director	2600 W. CAMELBACK ROAD, PHOENIX	/s/ Chevy Humphrey, by Lyn Bickle, as Attorney-in-fact	12 Nov 2025	0001786357

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOPE	Common Stock	Sale	$99,690	-600	-16%	$166.15	3,131	11 Nov 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.74 to $166.59, inclusive. The reporting person undertakes to provide to Grand Canyon Education, Inc. any security holder of Grand Canyon 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 this Form 4.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.74 to $166.59, inclusive. The reporting person undertakes to provide to Grand Canyon Education, Inc. any security holder of Grand Canyon 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 this Form 4.