Insider Trading March 20, 2026

Strategic Education General Counsel Sells 2,982 STRA Shares Under 10b5-1 Plan

Transaction of $238,202 taken from pre-arranged trading schedule as company posts modest beat on Q4 2025 results

By Caleb Monroe STRA
Strategic Education General Counsel Sells 2,982 STRA Shares Under 10b5-1 Plan
STRA

Lizette Benedi Herraiz, General Counsel of Strategic Education, Inc. (NASDAQ: STRA), disposed of 2,982 shares on March 18, 2026 under a Rule 10b5-1 plan, generating proceeds of $238,202. The sale, executed at a weighted average price of $79.88 and occurring within a $79.36 to $80.30 range, follows a quarter in which the company topped EPS and revenue expectations. Post-transaction, Herraiz retains 55,580 shares, including 605 held through the company 401(k) and Employee Stock Purchase plans.

Key Points

  • Lizette Benedi Herraiz sold 2,982 shares of STRA on March 18, 2026 at a weighted average price of $79.88, totaling $238,202.
  • The sale occurred under a Rule 10b5-1 trading plan adopted on December 12, 2025; post-sale Herraiz owns 55,580 shares including 605 from the company 401(k) and ESPP.
  • Strategic Education reported Q4 2025 EPS of $1.66 (16.08% above the $1.43 forecast) and revenue of $323.2 million versus $322.3 million expected; InvestingPro flags STRA as undervalued with a 3.2/5 financial health score.

Transaction details

Lizette Benedi Herraiz, who serves as General Counsel at Strategic Education, Inc. (NASDAQ: STRA), sold 2,982 shares of the company's common stock on March 18, 2026, according to a Form 4 filing submitted to the Securities and Exchange Commission. The shares were sold at a weighted average price of $79.88, producing total proceeds of $238,202.

The trades were completed at prices spanning $79.36 to $80.30 and were executed under a pre-arranged Rule 10b5-1 trading plan that the insider adopted on December 12, 2025. After the disposition, Herraiz directly holds 55,580 shares, a total that includes 605 shares acquired through the company’s 401(k) and Employee Stock Purchase programs.


Company valuation and market metrics

At the time of reporting, Strategic Education’s common stock was trading at $80.79. The company’s market capitalization stands at $1.81 billion and the price-to-earnings ratio is reported at 14.82.


Analyst platform snapshot

InvestingPro analysis included in the filing notes that Strategic Education appears undervalued at current price levels and assigns a "GREAT" financial health score of 3.2 out of 5. The platform lists nine additional ProTips for STRA, among them observations related to the company’s share buyback program and its strong balance sheet. A comprehensive Pro Research Report is available for STRA and more than 1,400 other U.S. equities for subscribers seeking deeper analysis.


Recent operating performance

Strategic Education reported fourth-quarter 2025 results that exceeded expectations. The company recorded earnings per share of $1.66, beating the forecast of $1.43 by 16.08%. Revenue for the quarter was $323.2 million, slightly above the anticipated $322.3 million.

Those outcomes have been characterized as reflective of the company’s strategic execution and its capacity to manage market challenges effectively. The combination of the earnings beat and the modest revenue upside has reportedly supported investor confidence in the wake of the results. Recent developments at the company continue to draw attention from analysts and investors.


Context and limitations

The Form 4 filing documents the insider sale and the accompanying ownership position; it also identifies the Rule 10b5-1 plan under which the sale was carried out. The reporting and platform notes referenced above are presented as stated in the filing and associated materials.

Risks

  • Insider sale occurred under a pre-arranged Rule 10b5-1 plan - the filing does not provide information on any future changes to that plan or subsequent insider transactions. (Impacts: equities, corporate governance)
  • Valuation assessments cited come from an external platform and are subject to model assumptions; the article does not provide exhaustive detail on those assumptions. (Impacts: investment analysis, equities)
  • While the company beat Q4 2025 estimates on EPS and revenue, the revenue upside was slight and future performance is not addressed in the filing. (Impacts: education sector stocks, revenue-driven valuation)

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