Form 4: Grand Canyon Education, Inc. Executive Kathy J. Claypatch Reports Sale of 1,500 Shares
SEC Form 4 Filing
Kathy J. Claypatch, Chief Information Officer of Grand Canyon Education, Inc., reported selling 1,500 shares of common stock at a price of $149.2 on May 10, 2024.
Summary
- This Form 4 filing reports a change in beneficial ownership of Grand Canyon Education, Inc. (LOPE) stock by Kathy J. Claypatch, the Chief Information Officer.
- On May 10, 2024, Claypatch sold 1,500 shares of common stock at a price of $149.2 per share.
- Following the transaction, Claypatch directly owns 8,320 shares of Grand Canyon Education, Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive, with no inherent positive or negative implications.
Industry Context
Form 4 filings are a routine part of insider trading disclosures, providing transparency into the buying and selling activities of company executives and directors. This information is closely watched by investors for signals about a company's prospects.
Stakeholder Impact
- The sale of shares by a company executive can sometimes influence investor sentiment, though the impact of a relatively small transaction like this is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of the stock sale transaction. |
| 05/13/2024 | Date of signature on the Form 4 filing. |
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