Phoenix Education Partners Provost Exercises Options and Sells Shares Under Rule 10b5-1
Phoenix Education Partners, Inc.
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Filing Summary
SEC Form 4 Filing Analysis: Phoenix Education Partners, Inc. (PXED)
• Insider: Woods John Terrence (Chief Academic Off. & Provost) • Filing Date: October 13, 2026 • Key Transactions:
- 2026-10-08: Withholding of 5,634 shares at $26.15 ($147,328.10) for tax obligations on RSU vesting.
- 2026-10-09: Exercised options for 19,453 shares at $3.79 and sold 19,453 shares at $25.89 ($503,638.17 total sale value).
- 2026-10-12: Exercised options for 850 shares at $3.79 and sold 850 shares at $25.00 ($21,250.00 total sale value). • Pre-Arranged Plan: Exercises and sales were executed pursuant to a Rule 10b5-1 plan established May 6, 2026. • Ending Ownership: 62,682 common shares held directly (and 87,569 remaining exercisable options). • Significance: Low (routine 10b5-1 option exercise-and-sale and tax withholding).
Comprehensive Analysis
Executive Summary
On October 13, 2026, Phoenix Education Partners, Inc. (PXED) filed a Form 4 reporting multiple equity transactions by John Terrence Woods, the company's Chief Academic Officer & Provost. The filing details standard tax withholding on vesting restricted stock units and subsequent exercise-and-sale transactions executed pursuant to a pre-scheduled Rule 10b5-1 trading plan.
Transaction Details
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Tax Withholding (Code F):
- Date: October 8, 2026
- Shares Withheld: 5,634 common shares at $26.15 per share ($147,328.10)
- Purpose: Tax withholding on the vesting of restricted stock units.
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Option Exercise & Same-Day Sale (Codes M & S):
- Date: October 9, 2026
- Option Exercise: Exercised 19,453 stock options at a strike price of $3.79 per share.
- Open Market Sale: Sold 19,453 shares at a weighted average price of $25.89 per share (range: $25.51 to $26.09), generating gross proceeds of ~$503,638.
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Follow-On Option Exercise & Sale (Codes M & S):
- Date: October 12, 2026
- Option Exercise: Exercised 850 stock options at $3.79 per share.
- Open Market Sale: Sold 850 shares at $25.00 per share, generating gross proceeds of $21,250.
Ownership and Context
- 10b5-1 Plan Adoption: All option exercises and open-market sales were conducted under a Rule 10b5-1 trading plan established on May 6, 2026.
- Direct Ownership Impact: Following these transactions, Mr. Woods holds 62,682 direct common shares and continues to hold 87,569 vested stock options.
- Trading Significance: Rated Low. The activity consists entirely of mandatory tax withholding and planned option monetization under an existing Rule 10b5-1 safe harbor, without indicating discretionary sentiment shifts by the insider.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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