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Insider Trading Arrangements | 3 Months Ended
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Sep. 30, 2024 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Todd Nelson, President and Chief Executive Officer, entered into a pre-arranged stock trading plan on August 13, 2024. Mr. Nelson's plan provides for the sale between January 2, 2025 and July 31, 2025 of up to 12,472 shares of the Company's common stock which Mr. Nelson has the right to acquire under outstanding vested stock options, and 25% of net vested restricted stock held by Mr. Nelson upon the vesting of restricted stock units that will vest prior to July 31, 2025. Elise Baskel, Senior Vice President – Colorado Technical University, entered into a pre-arranged stock trading plan on August 5, 2024. Ms. Baskel’s plan provides for the sale between November 6, 2024 and August 5, 2025 of up to 18,918 shares of the Company's common stock owned by Ms. Baskel, and 50% of net vested restricted stock held by Ms. Baskel upon the vesting of performance shares and restricted stock units that will vest prior to August 5, 2025. John Kline, Senior Vice President - American InterContinental University System, entered into a pre-arranged stock trading plan on August 5, 2024. Mr. Kline's plan provides for the sale between November 11, 2024 and August 5, 2025 of up to 54,722 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. Executive Officer Appointment On September 26, 2024, Sunitha Araamudhu was appointed to the positions of Senior Vice President – American InterContinental University System and President of American InterContinental University System. Ms. Araamudhu previously served as Chief Operating Officer of AIUS since February 23, 2022. John R. Kline will continue to serve as Senior Vice President – American InterContinental University System and was also appointed to the position of Chancellor of American InterContinental University System.
Todd Nelson |
Trading Arrangements, by Individual |
Name | Todd Nelson
Title | President and Chief Executive Officer
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 13, 2024
Aggregate Available | 12,472
Elise Baskel |
Trading Arrangements, by Individual |
Name | Elise Baskel
Title | Senior Vice President
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 5, 2024
Aggregate Available | 18,918
John Kline |
Trading Arrangements, by Individual |
Name | John Kline
Title | Senior Vice President
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | August 5, 2024
Aggregate Available | 54,722
Sunitha Araamudhu |
Trading Arrangements, by Individual |
Name | Sunitha Araamudhu
Title | Senior Vice President

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