Marsh Dilek 4

What Happened

• Marsh Dilek, Chief Information Officer of Grand Canyon Education (LOPE), had 1,664 shares disposed on March 1, 2026 as withholding to satisfy tax liabilities tied to the vesting of restricted stock. The withholding price was $159.07 per share, for a total value of approximately $264,692. This was a tax-withholding disposition tied to vesting, not an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-03-01; Filing date: 2026-03-03 (no late filing indicated)
• Disposition: 1,664 shares at $159.07 per share; total value ≈ $264,692
• Transaction code: F (tax withholding to satisfy tax liability on vesting)
• Footnote: F1 — represents withholding of shares to pay tax liability incident to the vesting of restricted stock
• Shares owned after transaction: Not specified in the provided filing excerpt

Context

• This was a routine tax-withholding event following RSU vesting (cashless withholding), not an open-market sale that signals a change in investment view. Such transactions reduce reported shares outstanding for the insider but are administrative in nature.