Axenson Tanya Joy 4

What Happened
Tanya Joy Axenson, Senior Vice President and Chief Human Resources Officer of American Public Education, Inc. (APEI), received a performance-based restricted stock unit (PSU) award totaling 14,425 shares (reported as acquired on 2026-03-10 at $0.00). To satisfy tax withholding on the vesting, the issuer withheld 1,729 shares (reported as disposed) at $45.51 per share, equal to $78,687. The award reflects achievement on adjusted EPS and revenue performance measures for fiscal 2025.

Key Details

• Transaction dates and prices:
  • 2026-03-10: Award/grant of 14,425 PSUs (A) — reported $0.00 per share (award/vested units).
  • 2026-03-10: Share withholding for tax (F) — 1,729 shares withheld at $45.51/share for $78,687.
• Vesting schedule / footnote: The PSU award (F1) vests in three approximately equal installments on Mar 10, 2026; Feb 4, 2027; and Feb 4, 2028, and is tied to fiscal 2025 performance metrics.
• Tax treatment / mechanics: Footnote F2 indicates the company withheld shares from the reporting person to pay withholding obligations (common cashless share withholding).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Filing timeliness: Form filed on 2026-03-12 for transactions dated 2026-03-10 — appears timely (filed within the standard two-business-day window).

Context: This was a performance-based equity award and a routine tax-withholding disposition, not an open-market purchase or sale. PSUs reflect compensation tied to company performance; withholding of shares to cover taxes is a standard administrative step and not necessarily an indicator of the insider’s view of the stock.