Thawley Michael 4

What Happened Michael Thawley, a director of Strategic Education, acquired shares in two transactions: an open-market purchase of 665 shares on Apr 24, 2026 at $72.71 each (≈ $48,352) and a grant of 1,436 restricted shares reported on Apr 22, 2026 (reported at $0.00). The grant is restricted stock that will vest over time; the April 24 purchase is an outright buy in the market.

Key Details

• Transactions: Award (A) of 1,436 restricted shares on 2026-04-22; Open-market purchase (P) of 665 shares on 2026-04-24 at $72.71/share (total ≈ $48,352).
• Combined newly acquired shares reported: 2,101 (1,436 restricted; 665 purchased).
• Vesting: Footnote indicates the 1,436 restricted shares vest in three equal annual installments beginning April 22, 2027.
• Filing timeliness: Form 4 filed Apr 24, 2026 covering both transactions — filed within the SEC’s standard two-business-day window.
• Shares owned after the transactions: Not specified in the provided filing excerpt.

Context The purchase is a direct open-market buy (a straightforward accumulation of stock), while the award is a typical restricted stock grant subject to multi-year vesting and not immediately liquid. Purchases by directors can be interpreted by some investors as a supportive signal, but they are routine disclosures and do not, by themselves, confirm future company performance.