American Public Education (APEI) CTO James Kenigsberg Receives RSU Award

What Happened

James Kenigsberg, Chief Innovation & Technology Officer at American Public Education, received an award of 7,573 restricted stock units (RSUs) on 2026-08-03. The next day, 2,133 shares were withheld by the company to satisfy tax withholding obligations related to RSU vesting, at a withholding price of $53.42 per share (totaling $113,945). The initial RSU grant is an acquisition (award); the withheld shares are a routine disposition for tax purposes.

Key Details

• Transaction dates: RSU grant on 2026-08-03; tax withholding (share disposition) on 2026-08-04.
• Grant: 7,573 RSUs awarded (price $0.00 for grant).
• Tax withholding: 2,133 shares withheld @ $53.42 each, total ~$113,945.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes:
  • F1: RSUs granted under the 2017 Omnibus Incentive Plan; vest in three equal annual installments beginning on the first anniversary of the grant.
  • F2: Company withheld shares to pay tax withholding obligations on RSU vesting.
• Filing timing: Report filed 2026-08-05 covering the 2026-08-03 grant and 2026-08-04 withholding; appears to be filed timely.

Context

RSU grants are a form of compensation and typically vest over time (here, three annual installments), so the award itself is not an immediate purchase or sale signal. The withholding of shares to cover taxes is a common, administrative step (often called a cashless or share-withholding tax payment) and does not necessarily indicate the insider is selling shares for investment reasons.