Eric C. Andersen - Jan 2, 2025 Form 4 Insider Report for AMERICAN PUBLIC EDUCATION INC (APEI)

Role: Director
Signature: /s/ Richard W. Sunderland, Jr., Attorney-in-Fact
Stock symbol: APEI
Transactions as of: Jan 2, 2025
Transactions value $: $39,983
Form type: 4
Date filed: 1/3/2025, 04:11 PM
Previous filing: Aug 15, 2024
Next filing: Mar 6, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	APEI	Common Stock, par value $.01	Award	$40K	+1.89K	+2.92%	$21.20	66.4K	Jan 2, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the non-employee director compensation policy (the "Policy") of American Public Education, Inc. (the "Company"), the Reporting Person is entitled to annual cash retainers totaling $160,000 for service on the Board of Directors (the "Board") of the Company and as non-employee Chairperson of the Board. The Reporting Person elected to receive common stock of the Company in lieu of such cash retainers, with the number of shares calculated based on the closing stock price on the first business day of the year and the shares issued in quarterly installments in advance in accordance with the Policy.

Content

Pursuant to the non-employee director compensation policy (the "Policy") of American Public Education, Inc. (the "Company"), the Reporting Person is entitled to annual cash retainers totaling $160,000 for service on the Board of Directors (the "Board") of the Company and as non-employee Chairperson of the Board. The Reporting Person elected to receive common stock of the Company in lieu of such cash retainers, with the number of shares calculated based on the closing stock price on the first business day of the year and the shares issued in quarterly installments in advance in accordance with the Policy.