Form 4: Grand Canyon Education Director Lisa Graham Keegan Sells 270 Shares

Sentiment:

SEC Form 4


Lisa Graham Keegan, a director at Grand Canyon Education, Inc. (LOPE), sold 270 shares of common stock at a price of $147.96 on May 13, 2024.

Summary

  • On May 13, 2024, Lisa Graham Keegan, a director of Grand Canyon Education, Inc. (LOPE), sold 270 shares of the company's common stock.
  • The sale was executed at a price of $147.96 per share.
  • Following the transaction, Keegan directly owns 2,635 shares of Grand Canyon Education's common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders (officers, directors, and those holding 10% or more of a company's shares) trade in their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

  • The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates

DateDescription
05/13/2024Date of transaction: Lisa Graham Keegan sold 270 shares of Grand Canyon Education stock.
05/14/2024Date of signature on the Form 4 filing.

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