WAITE G THOMAS III 4

What Happened

• Waite G. Thomas III, a director of Strategic Education, sold 666 shares of the company's stock in an open-market transaction on 2026-05-05. The shares were sold at $77.68 each for total proceeds of approximately $51,735. This was a sale (code S), not a purchase or option exercise.

Key Details

• Transaction date and price: 2026-05-05, 666 shares at $77.68 per share.
• Total value: ~ $51,735.
• Transaction type: Open-market sale (SEC transaction code S).
• Shares owned after transaction: Not provided in the materials supplied.
• Notable footnotes: None disclosed in the provided filing.
• Timeliness: Reported with the same period date (2026-05-05); filing appears to be timely.

Context

• Sales by directors are often routine (e.g., portfolio rebalancing or liquidity needs) and do not necessarily signal a change in view about the company. Purchases typically carry clearer bullish signals for retail investors. No 10b5-1 plan or other explanatory notes were included in the provided filing.