HERRAIZ LIZETTE BENEDI 4
4 · Strategic Education, Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Strategic Education (STRA) GC Lizette Herraiz Sells 2,982 Shares
What Happened
- Lizette Herraiz, General Counsel of Strategic Education, sold 2,982 shares on March 18, 2026. The shares were disposed in open-market transactions for a total reported value of $238,202 (weighted average price $79.88). This was a sale (routine disposition), not a purchase.
Key Details
- Transaction date: March 18, 2026; Form 4 filed: March 20, 2026.
- Price range: $79.36 to $80.30; weighted average price reported $79.88.
- Total shares sold: 2,982; total proceeds reported: $238,202.
- Shares owned after the transaction: not specified in the filing. The filing notes 605 shares are held via the company 401(k) and Employee Stock Purchase Plan.
- Footnotes: (1) Sales were effected under a Rule 10b5-1 trading plan adopted Dec 12, 2025. (2) Price range/weighted average explanation; reporting person can provide details on the number sold at each price on request. (3) 605 shares included from 401(k)/ESPP.
- Filing timeliness: Form 4 was filed two days after the transaction; no late filing flag noted.
Context
- Because the sale was executed under a pre-established 10b5-1 plan, it generally indicates these trades were prearranged rather than a contemporaneous personal decision; this is common for executives and does not by itself signal a change in view about the company.
Insider Transaction Report
Form 4
HERRAIZ LIZETTE BENEDI
GENERAL COUNSEL
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-03-18$79.88/sh−2,982$238,202→ 55,580 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on December 12, 2025.
- [F2]Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $79.36 to $80.30, inclusive. The reporting person undertakes to provide Strategic Education, Inc., any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes of this Form 4.
- [F3]Includes 605 shares acquired through the Company's 401(k) and Employee Stock Purchase plans.
Signature
/s/ Daniel W. Jackson, Attorney-in-Fact|2026-03-20