MARSHFIELD ASSOCIATES - 31 Dec 2025 SCHEDULE 13G/A Report for STRATEGIC EDUCATION INC Common Stock (STRA)

Filing Manager: MARSHFIELD ASSOCIATES
Reporting Manager: Marshfield Associates Inc
Security: STRATEGIC EDUCATION INC Common Stock
Symbol: STRA
Shares outstanding: 23,505,914 shares
Disclosed Ownership: 1,478,522 shares
Ownership: 6.3%
Form type: SCHEDULE 13G/A
Filing time: 17 Feb 2026, 17:26:15 UTC
Date of event: 31 Dec 2025
SEC: View on sec.gov

Reporting Managers (1)

Name	Ownership	Shares Owned	sole voting power	shared voting power	Signature	Title	CIK
Marshfield Associates Inc	6.3%	1,478,522	1,096,519	0	/s/ Brian Walker	Brian Walker / General Counsel and CCO