MUELLER BRIAN E 4

What Happened
Brian E. Mueller, CEO and director of Grand Canyon Education (ticker: LOPE), received an award of 6,926 shares on January 28, 2026. The reported transaction is coded as an award/grant (A) at a $0.00 price per share (total reported cash value $0), indicating a compensation grant rather than a market purchase.

Key Details

• Transaction date: 2026-01-28; Form 4 filed: 2026-01-30 (filed within two business days, appears timely).
• Transaction type/code: Award/Grant (A).
• Shares granted/acquired: 6,926; price reported: $0.00; reported cash value: $0.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/notable items: No 10b5-1 plan, tax-withholding, or sale reported in the provided details.

Context
An "A" code award typically reflects a compensation grant (e.g., restricted stock or RSUs) and is often subject to vesting; a $0.00 price means the shares were granted rather than purchased. Such awards are common executive compensation and do not necessarily signal immediate insider confidence the way open-market purchases can. No immediate sale or tax-withholding was reported in the supplied information.