Form 4: American Public Education Inc. Executive Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


Richard W. Sunderland Jr., EVP and CFO of American Public Education Inc., disposed of shares to cover tax withholding obligations related to vesting of restricted stock units.

Summary

  • On February 7, 2025, Richard W. Sunderland Jr., the EVP and Chief Financial Officer of American Public Education Inc. (APEI), disposed of shares of common stock to cover tax obligations.
  • A total of 3,205 shares were disposed of at a price of $21.87 per share to cover tax withholding obligations related to the vesting of performance-based restricted stock units.
  • Additionally, 3,947 shares were disposed of at the same price to cover tax withholding obligations related to the vesting of restricted stock units.
  • Following these transactions, Sunderland directly owns 160,176 shares of American Public Education Inc.

Sentiment

Score: 5

Explanation: This is a neutral transaction related to tax obligations, so the sentiment is neither positive nor negative.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from the vesting of stock awards, which is a common occurrence.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

DateDescription
02/07/2025Date of the transactions: disposal of shares to cover tax obligations.
02/11/2025Date of signature of the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Richard W. Sunderland Jr., American Public Education Inc., APEI, Executive Compensation, Tax Withholding, Stock Disposal

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