American Public Education (APEI) President Nuno Fernandes Sells 6,500 Shares

What Happened

• Nuno S. Fernandes, President of American Public University System (APUS), reported an open-market sale of 6,500 APEI common shares on 2026-03-16. The filing shows a reported price of $53.87 per share for a total proceeds value of $350,129. The Form 4 was filed on 2026-03-17.

Key Details

• Transaction date: 2026-03-16; Filing date: 2026-03-17 (appears timely).
• Reported price: $53.87 per share (Form footnote states a weighted average of $53.866; actual sale prices ranged from $53.7401 to $54.12).
• Shares sold: 6,500; Gross proceeds: ~$350,129.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The reporter offers to provide, on request, the breakdown of the number of shares sold at each separate price.
• Transaction code: S = Sale (open market/private sale).

Context

• This is a straight sale of existing shares (not an option exercise, award, or gift). Sales by insiders can be routine (diversification, liquidity, tax planning) and do not, by themselves, indicate a change in company outlook.