Meyer William Stan 4

What Happened
William S. Meyer, Chief Operating Officer of Grand Canyon Education (LOPE), was granted 3,696 restricted shares on January 28, 2026. The shares were reported as acquired at a price of $0.00 (award/grant code A) — this is an equity compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-28; Filing date (Form 4): 2026-01-30 (timely filed).
• Amount: 3,696 restricted shares; reported acquisition price: $0.00 (award).
• Shares owned after transaction: not reported in the provided filing.
• Footnote: The award vests 20% on March 1, 2027 and 20% on each of the first four anniversaries of that date (i.e., annual 20% vesting over five years starting 3/1/2027).
• Transaction code: A = Award/Grant.

Context
Restricted stock awards are common executive compensation and typically vest over time; they do not represent immediately tradable shares until vested. Such grants are routine and align executive pay with company performance and retention objectives; they are not the same signal as an outright purchase or sale.