Hokenson Christa 4

What Happened
Christa Hokenson, Chief Human Resources Officer of Strategic Education, received a grant of 13,162 restricted shares on 2026-02-26 (reporting code A). Separately, 6,722 shares were withheld on 2026-02-24 to cover tax withholding related to performance-based restricted shares that vested; those withheld shares were disposed at $74.91 each, totaling $503,545 (reporting code F). The grant is an award of restricted stock rather than an open-market purchase or sale.

Key Details

• Transaction dates: 2026-02-24 (tax withholding/disposition) and 2026-02-26 (grant/acquisition).
• Prices and values: 6,722 shares withheld at $74.91 = $503,545; 13,162 shares granted at $0 reported value (restricted award).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes: F1 — shares withheld to cover taxes for performance-based restricted shares that vested on Feb 24, 2026. F2 — the 13,162 shares are restricted and will vest on Feb 26, 2030, subject to performance criteria.
• Transaction codes: F = tax withholding/disposition; A = grant/award.
• Filing timeliness: Report filed 2026-02-26 for transactions on 2026-02-24 and 2026-02-26 (timely within typical reporting window).

Context
This was a standard equity award and related tax withholding rather than an open-market buy or sell. The new shares are restricted and subject to multi-year performance vesting (vesting date listed as Feb 26, 2030), so they do not represent an immediate sale. Tax-withholding disposals are routine when restricted awards vest and do not necessarily indicate insider sentiment about the company's stock.