Strategic Education, Inc.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
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Item 9B. Other Information
Director and Officer Trading Arrangements
On December 12, 2025, Lizette Herraiz, the Company’s Chief Legal Officer and General Counsel, adopted a trading arrangement for the sale of securities of the Company (a “Rule 10b5-1 Trading Plan”) that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. Ms. Herraiz’s Rule 10b5-1 Trading Plan, which terminates on December 10, 2026, provides for the sale of up to 10,580 shares of common stock pursuant to the terms of the plan.
On December 12, 2025, Christa Hokenson, the Company’s Chief Human Resources Officer, adopted a Rule 10b5-1 Trading Plan. Ms. Hokenson’s Rule 10b5-1 Trading Plan, which terminates on December 10, 2026, provides for the sale of up to 4,067 shares of common stock pursuant to the terms of the plan.
No other director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K during the three months ended December 31, 2025.
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