Friedberg Daniel M.'s Form 4 filing
American Public Education Inc (APEI) · filed Mar 23, 2026
- Accession no.
- 0000921895-26-000776
- Filed
- Mar 23, 2026, 4:55 PM ET
- Trade date
- Mar 19-20, 2026
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 5 non-derivative transactions. Open-market sales total $8.73M. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Friedberg Daniel M.CIK 0001448795 | Other: See Footnotes |
| 325 Capital LLCCIK 0001873893 | Other: See Footnotes |
| Shrivastava Anil KCIK 0001908019 | Other: See Footnotes |
| 325 Capital GP, LLCCIK 0001972758 | Other: See Footnotes |
| 325 Capital Master Fund LPCIK 0001972759 | Other: See Footnotes |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Mar 19, 2026 | Common stock, $.01 par value | SSaleDisposed | −10,477 | $54.20F5 | −$567,901.59 | 986,269 | Direct | |
| Mar 19, 2026 | Common stock, $.01 par value | SSaleDisposed | −80,333 | $54.79F6 | −$4,401,509.34 | 905,936 | Direct | |
| Mar 19, 2026 | Common stock, $.01 par value | SSaleDisposed | −4,702 | $55.55F7 | −$261,204.56 | 901,234 | Direct | |
| Mar 20, 2026 | Common stock, $.01 par value | SSaleDisposed | −62,100 | $53.74F8 | −$3,337,111.17 | 839,134 | Direct | |
| Mar 20, 2026 | Common stock, $.01 par value | SSaleDisposed | −2,900 | $54.60F9 | −$158,350.15 | 836,234 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F5
The Shares were purchased by the Reporting Person in open market transactions on the transaction date, with a volume weighted average purchase price of $54.2046. The range of purchase prices on the transaction date was $53.44 to $54.44 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each price.
Referenced by the price of 1 transaction in Table I.
- F6
The Shares were purchased by the Reporting Person in open market transactions on the transaction date, with a volume weighted average purchase price of $54.7908. The range of purchase prices on the transaction date was $54.45 to $55.45 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each price.
Referenced by the price of 1 transaction in Table I.
- F7
The Shares were purchased by the Reporting Person in open market transactions on the transaction date, with a volume weighted average purchase price of $55.5518. The range of purchase prices on the transaction date was $55.455 to $55.69 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each price.
Referenced by the price of 1 transaction in Table I.
- F8
The Shares were purchased by the Reporting Person in open market transactions on the transaction date, with a volume weighted average purchase price of $53.7377. The range of purchase prices on the transaction date was $53.295 to $54.14 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each price.
Referenced by the price of 1 transaction in Table I.
- F9
The Shares were purchased by the Reporting Person in open market transactions on the transaction date, with a volume weighted average purchase price of $54.6035. The range of purchase prices on the transaction date was $54.50 to $54.62 per share. The Reporting Person undertakes to provide, upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each price.
Referenced by the price of 1 transaction in Table I.
Remarks
Mr. Braner, a managing member of 325, is a director of the Issuer. For purposes of Section 16 of the Exchange Act, each of the Reporting Persons (other than Mr. Braner) may be deemed a director by deputization by virtue of its or his representation on the Board of Directors of the Issuer.