Darmon Tal 4

What Happened

• Darmon Tal, Chief Accounting Officer of Strategic Education, received a grant of 4,607 restricted shares (Form 4 code A) on Feb 26, 2026 (no cash price). These restricted shares carry vesting that begins/ends on February 26, 2030 (per footnote).
• Concurrently, 4,784 shares were disposed (Form 4 code F) on Feb 24, 2026 as shares withheld to cover taxes related to restricted shares that vested on Feb 24, 2026. The withheld shares were recorded at $74.91 per share for a total value of $358,369.
• This filing reflects an award (acquisition of restricted shares) plus routine tax-withholding disposition — not an open-market purchase or opportunistic sale.

Key Details

• Transaction dates/prices:
  • 2026-02-24: 4,784 shares withheld at $74.91/share => $358,369 (tax withholding, code F).
  • 2026-02-26: 4,607 restricted shares granted at $0.00 (code A); these vest on 2026-02-26? (Footnote F2 states vest date: February 26, 2030).
• Shares owned after transaction: Not provided in the supplied filing excerpt.
• Footnotes:
  • F1: Shares withheld to cover taxes on restricted shares that vested on Feb 24, 2026.
  • F2: The 4,607 shares are restricted and will vest on Feb 26, 2030.
• Filing timeliness: Report filed on Feb 26, 2026 for a Feb 24 transaction — appears to be a timely Form 4 filing (within standard reporting window).
• Codes explained simply: A = award/grant (acquisition of restricted shares); F = tax withholding (disposition of shares to cover taxes).

Context

• The 4,784-share disposition was a tax-withholding action tied to vesting, not an open-market sale indicating sentiment. The 4,607-share grant is a restricted stock award that vests over time (through 2030), which is common compensation for executives.