Dilek Marsh - Jun 18, 2024 Form 4 Insider Report for Grand Canyon Education, Inc. (LOPE)

Signature
/s/ Dilek Marsh, by Lyn Bickle, as Attorney-in-fact
Stock symbol
LOPE
Transactions as of
Jun 18, 2024
Transactions value $
-$205,170
Form type
4
Date filed
6/20/2024, 04:15 PM
Previous filing
Mar 19, 2024
Next filing
Sep 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOPE Common Stock Sale -$205K -1.5K -5.84% $136.78 24.2K Jun 18, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on December 14, 2023.