Director Michael Thawley filed a Form 4 with the SEC on November 10, 2026, disclosing two open-market purchases of Strategic Education, Inc. common stock on November 6 and November 10, 2026.

Key Highlights

  • First purchase: Michael Thawley acquired 950 shares of common stock on November 6, 2026, at $51.42 per share.
  • Second purchase: Thawley acquired an additional 940 shares on November 10, 2026, at $52.68 per share.
  • Total shares acquired: 1,890 shares across the two transactions, both coded as open-market purchases (transaction code P).
  • Resulting ownership: Following the November 10 transaction, Thawley directly beneficially owned 14,044 shares of common stock.
  • Relationship to issuer: Thawley is identified in the filing as a Director of Strategic Education, Inc.
  • Issuer and ticker: Strategic Education, Inc. trades on NASDAQ:STRA, as stated on the filing cover.

Director Thawley's Two-Day Purchase of Strategic Education Common Stock

According to the Form 4 filing, Michael Thawley, a director of Strategic Education, Inc. (NASDAQ:STRA), reported two separate acquisitions of the company's common stock over consecutive trading dates. The first transaction, dated November 6, 2026, involved the purchase of 950 shares at a price of $51.42 per share. Following that transaction, the filing shows Thawley directly held 13,104 shares.

The second transaction, dated November 10, 2026, involved the purchase of 940 shares at $52.68 per share. After this acquisition, Thawley's direct beneficial ownership increased to 14,044 shares, according to the filing. Both transactions carry transaction code "P," indicating open-market purchases. The filing does not indicate that either transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox on the form was not selected.

The Form 4 was signed by Daniel W. Jackson as Attorney-in-Fact on November 10, 2026, and was filed pursuant to Section 16(a) of the Securities Exchange Act of 1934. No derivative securities were reported in Table II of the filing. The filing covers only the transactions described above, with all ownership listed as direct.

What Was Disclosed

Director Michael Thawley disclosed two open-market purchases of Strategic Education, Inc. common stock totaling 1,890 shares, acquired on November 6 and November 10, 2026, at prices of $51.42 and $52.68 per share, respectively, bringing his direct beneficial ownership to 14,044 shares.