Fernandes Nuno S. 4
4 · AMERICAN PUBLIC EDUCATION INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
American Public Education (APEI) President Nuno Fernandes Sells 6,500 Shares
What Happened
- Nuno S. Fernandes, President of American Public University System (APUS), reported an open-market sale of 6,500 APEI common shares on 2026-03-16. The filing shows a reported price of $53.87 per share for a total proceeds value of $350,129. The Form 4 was filed on 2026-03-17.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-17 (appears timely).
- Reported price: $53.87 per share (Form footnote states a weighted average of $53.866; actual sale prices ranged from $53.7401 to $54.12).
- Shares sold: 6,500; Gross proceeds: ~$350,129.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The reporter offers to provide, on request, the breakdown of the number of shares sold at each separate price.
- Transaction code: S = Sale (open market/private sale).
Context
- This is a straight sale of existing shares (not an option exercise, award, or gift). Sales by insiders can be routine (diversification, liquidity, tax planning) and do not, by themselves, indicate a change in company outlook.
Insider Transaction Report
Form 4
Fernandes Nuno S.
President, APUS
Transactions
- Sale
Common Stock, par value $.01
[F1]2026-03-16$53.87/sh−6,500$350,129→ 84,175 total
Footnotes (1)
- [F1]The price of $53.866 per share represents a weighted average of sale prices ranging from $53.7401 to $54.12 per share. The reporting person undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Signature
/s/ Edward Codispoti, Attorney-in-Fact|2026-03-17