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Insider Trading Arrangements
 6 Months Ended
Jun. 30, 2023
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Trading Arrangements, by Individual  
Material Terms of Trading Arrangement

Todd Nelson, Executive Chairman of the Board, entered into a pre-arranged stock trading plan on May 9, 2023. Mr. Nelson’s plan provides for the sale between August 9, 2023 and April 30, 2024 of up to 569,836 shares of the Company’s common stock owned by Mr. Nelson, or which Mr. Nelson has the right to acquire under outstanding vested stock options and upon the vesting of restricted stock units that will vest prior to April 30, 2024.

Andrew Hurst, President and Chief Executive Officer, entered into a pre-arranged stock trading plan on May 9, 2023. Mr. Hurst’s plan provides for the sale between August 17, 2023 and February 29, 2024 of up to 46,510 shares of the Company’s common stock owned by Mr. Hurst, or which Mr. Hurst has the right to acquire under outstanding vested stock options.

John Kline, Senior Vice President – American InterContinental University System, entered into a pre-arranged stock trading plan on May 12, 2023. Mr. Kline’s plan provides for the sale between August 15, 2023 and May 13, 2024 of up to 22,000 shares of the Company’s common stock owned by Mr. Kline, or which Mr. Kline has the right to acquire under outstanding vested stock options.

Each of the trading plans was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and the Company’s policies regarding transactions in Company securities
Rule 10b5-1 Arrangement Adopted true
Adoption Date May 12, 2023
Todd Nelson  
Trading Arrangements, by Individual  
Name Todd Nelson
Title Executive Chairman
Adoption Date May 9, 2023
Aggregate Available 569,836
Andrew Hurst  
Trading Arrangements, by Individual  
Name Andrew Hurst
Title President and Chief Executive Officer
Adoption Date May 9, 2023
Aggregate Available 46,510
John Kline  
Trading Arrangements, by Individual  
Name John Kline
Title Senior Vice President
Aggregate Available 22,000