Transaction Details

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 Trading Plan adopted by the reporting person on September 4, 2025. | Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $81.23 to $82.06, inclusive. | Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $82.24 to $83.05, inclusive. | Weighted average share price, as these shares were sold in multiple transactions at prices ranging from $83.41 to $83.99, inclusive. The reporting person undertakes to provide Strategic Education, Inc., any security holder of Strategic Education, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes of this Form 4.