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Insider Trading Arrangements - shares
3 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mr. Stephen W. Beard    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement

On September 10, 2025, Mr. Stephen W. Beard, Adtalem’s Chairman and Chief Executive Officer, terminated a 10b5-1 Preset Diversification Program (the “10b5-1 Plan”), previously adopted with respect to the sale of the Company’s common stock. Mr. Beard’s 10b5-1 Plan was adopted on June 10, 2025 and had an end date of May 29, 2026. The 10b5-

1 Plan provided for the sale of up to 108,000 shares of Adtalem’s common stock. As of the date of the termination, no shares of common stock had been sold under the 10b5-1 Plan’s terms.

 
Name Mr. Stephen W. Beard  
Title Chairman and Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true true
Adoption Date June 10, 2025 June 10, 2025
Rule 10b5-1 Arrangement Terminated true  
Termination Date September 10, 2025  
Expiration Date May 29, 2026  
Aggregate Available 108,000 108,000
Mr. Douglas Beck    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement

On September10, 2025, Mr. Douglas G. Beck, Adtalem’s Senior Vice President, General Counsel, Corporate Secretary and Institutional Support Services, terminated his 10b5-1 Plan, previously adopted with respect to the sale of the Company’s common stock. Mr. Beck’s 10b5-1 Plan was adopted on June 13, 2025 and had an end date of June 13, 2026. The 10b5-1 Plan provided for the sale of up to 15,384 shares of Adtalem’s common stock. As of the date of the termination, no shares of common stock had been sold under the 10b5-1 Plan’s terms.

 
Name Mr. Douglas G. Beck  
Title Senior Vice President, General Counsel, Corporate Secretary and Institutional Support Services  
Rule 10b5-1 Arrangement Adopted true true
Adoption Date June 13, 2025 June 13, 2025
Rule 10b5-1 Arrangement Terminated true  
Termination Date September10, 2025  
Expiration Date June 13, 2026  
Aggregate Available 15,384 15,384
Mr. Manjunath Gangadharan    
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement

On September 10, 2025, Mr. Manjunath Gangadharan, Adtalem’s Vice President and Chief Accounting Officer, terminated his 10b5-1 Plan, previously adopted with respect to the sale of the Company’s common stock. Mr. Gangadharan’s 10b5-1 Plan was adopted on May 29, 2023 and had an end date of June 1, 2026. The 10b5-1 Plan provided for the sale of up to 2,222 shares of Adtalem’s common stock. As of the date of the termination, 1,911 shares of common stock had been sold under the 10b5-1 Plan’s terms.

 
Name Mr. Manjunath Gangadharan  
Title Vice President and Chief Accounting Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date May 29, 2023  
Rule 10b5-1 Arrangement Terminated true  
Termination Date September 10, 2025  
Expiration Date June 1, 2026  
Aggregate Available 2,222