Bird Andrew Peter 4

What Happened

• Andrew Peter Bird, a director of Phoenix Education Partners, Inc. (PXED), was granted 4,394 restricted stock units (RSUs) on February 20, 2026. The grant is reported as an award/acquisition; no per-share price or immediate cash value is provided (N/A). This was a compensation award, not a market purchase or sale.

Key Details

• Transaction date: 2026-02-20; Form 4 filed: 2026-02-24 (four days later).
• Grant amount: 4,394 RSUs; price/value: N/A in filing.
• Vesting: RSUs vest on the earlier of (i) the date of the annual meeting of stockholders in the year following the grant or (ii) the first anniversary of the grant, subject to Bird’s continued service on the board.
• Shares owned after transaction: not disclosed in the filing.
• Filing timing: Form 4 was filed four days after the grant (Form 4s are generally due within two business days), so the filing appears later than the usual reporting window.

Context

• RSUs are a form of equity compensation that convert into shares only if/when they vest; they do not represent immediate share sales or purchases and do not necessarily signal a change in the director’s market view.
• Director awards are common for board compensation; this is routine insider compensation rather than a cash-market transaction.