APEI's three largest insider shareholders as of September 23, 2026 are Michael David Braner (Director, 2.27Mn shares), Capital Llc 325 (Director, 1.06Mn shares), Capital Llc 325 (Other, 836.23K shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Capital Llc 325 | Other | 836,234 | 0 | 836,234 | 32.9% | 23 Mar, 2026 |
| 2 | Angela K. Selden | President And Ceo | 626,808 | 0 | 626,808 | 24.7% | 12 Mar, 2026 |
| 3 | Richard W Jr Sunderland | Evp, Chief Financial Officer | 159,559 | 0 | 159,559 | 6.3% | 03 Jun, 2025 |
| 4 | Nuno S. Fernandes | President, Apus | 78,575 | 0 | 78,575 | 3.1% | 13 Aug, 2026 |
| 5 | Eric C. Andersen | Director | 66,920 | 0 | 66,920 | 2.6% | 01 Apr, 2025 |
| 6 | Craig S Macgibbon | Evp, Chief Information Officer | 63,892 | 0 | 63,892 | 2.5% | 14 Mar, 2025 |
| 7 | Granetta B. Blevins | Director | 60,080 | 0 | 60,080 | 2.4% | 26 May, 2026 |
| 8 | Patrik Dyberg | Chief Technology Officer | 52,769 | 0 | 52,769 | 2.1% | 28 Mar, 2022 |
| 9 | Thomas Beckett | Svp, General Counsel | 52,172 | 0 | 52,172 | 2.1% | 23 Jun, 2026 |
| 10 | Tanya Joy Axenson | Svp, Chief Hr Officer | 49,917 | 0 | 49,917 | 2.0% | 17 Mar, 2026 |
| 11 | Michael David Braner | Director, Other | 48,625 | 0 | 48,625 | 1.9% | 27 May, 2026 |
| 12 | Harry T Wilkins | Ceo Hondros College Of Nursing | 48,424 | 0 | 48,424 | 1.9% | 05 Mar, 2025 |
| 13 | James Kenigsberg | Chief Inno Tech Officer | 44,729 | 0 | 44,729 | 1.8% | 13 Aug, 2026 |
| 14 | William G Jr Robinson | Director | 43,935 | 0 | 43,935 | 1.7% | 20 May, 2024 |
| 15 | Karmela Gaffney | Svp, Chief Marketing Officer | 40,527 | 0 | 40,527 | 1.6% | 19 Mar, 2026 |
| 16 | Daniel S. Pianko | Director | 35,546 | 0 | 35,546 | 1.4% | 02 Jul, 2026 |
| 17 | Anna M. Fabrega | Director | 33,431 | 0 | 33,431 | 1.3% | 26 May, 2026 |
| 18 | Jeffrey C. Tognola | Evp Chief Experience Officer | 26,509 | 0 | 26,509 | 1.0% | 09 Feb, 2023 |
| 19 | Vernon C. Smith | Provost, Apus | 24,272 | 0 | 24,272 | 1.0% | 09 Feb, 2022 |
| 20 | Barbara Kurshan | Director | 23,694 | 0 | 23,694 | 0.9% | 29 Nov, 2023 |
| 21 | Jean C. Halle | Director | 21,739 | 0 | 21,739 | 0.9% | 14 Mar, 2024 |
| 22 | Mark L. Arnold | President, Rasmussen | 20,676 | 0 | 20,676 | 0.8% | 12 Mar, 2026 |
| 23 | Thomas M Slagle | Ceo, Rasmussen | 18,028 | 0 | 18,028 | 0.7% | 10 Mar, 2022 |
| 24 | Timothy J Landon | Director | 16,241 | 0 | 16,241 | 0.6% | 19 May, 2022 |
| 25 | Kevin Delano | Coo Svp, Bus. Unit Services | 14,945 | 0 | 14,945 | 0.6% | 02 Feb, 2022 |
| 26 | Vincent R. Stewart | Director | 8,801 | 0 | 8,801 | 0.3% | 24 May, 2022 |
| 27 | Edward H Codispoti | Evp Chief Financial Officer | 8,477 | 0 | 8,477 | 0.3% | 21 Oct, 2025 |
| 28 | Richard J. Statuto | Director | 6,775 | 0 | 6,775 | 0.3% | 26 May, 2026 |
| 29 | Amy B. Manning | Svp, Chief Hr Officer | 6,770 | 0 | 6,770 | 0.3% | 25 Jan, 2022 |
| 30 | Katherine H. Zatz | Acting President, Apus | 0 | 180 | 180 | 0.0% | 24 Nov, 2021 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 12 Aug, 2026 | Nuno S. Fernandes | President, Apus | Acquired M | 8,800 | $10.66 | $93.81K | 87,375 | Direct |
| 12 Aug, 2026 | James Kenigsberg | Chief Inno Tech Officer | Disposed S | 1,313 | $45.72 | $60.03K | 44,729 | Direct |
| 12 Aug, 2026 | Nuno S. Fernandes | President, Apus | Disposed S | 8,800 | $45.13 | $397.14K | 78,575 | Direct |
| 12 Aug, 2026 | Nuno S. Fernandes | President, Apus | Disposed M | 8,800 | $0.00 | $0 | 8,256 | Direct |
| 03 Aug, 2026 | James Kenigsberg | Chief Inno Tech Officer | Acquired A | 7,573 | $0.00 | $0 | 48,175 | Direct |
| 04 Aug, 2026 | James Kenigsberg | Chief Inno Tech Officer | Disposed F | 2,133 | $53.42 | $113.94K | 46,042 | Direct |
| 01 Jul, 2026 | Daniel S. Pianko | Director | Acquired A | 1,107 | $36.15 | $40.02K | 35,546 | Direct |
| 22 Jun, 2026 | Thomas Beckett | Svp, General Counsel | Disposed S | 2,000 | $54.00 | $108.00K | 52,172 | Direct |
| 15 Jun, 2026 | Thomas Beckett | Svp, General Counsel | Disposed S | 5,213 | $51.39 | $267.89K | 56,959 | Direct |
| 15 Jun, 2026 | Thomas Beckett | Svp, General Counsel | Disposed S | 2,587 | $52.44 | $135.67K | 54,372 | Direct |
| 15 Jun, 2026 | Thomas Beckett | Svp, General Counsel | Disposed S | 200 | $53.01 | $10.60K | 54,172 | Direct |
| 22 May, 2026 | Michael David Braner | Director, Other | Acquired A | 2,135 | $0.00 | $0 | 25,380 | Direct |
| 22 May, 2026 | James Kenigsberg | Int Chief Inno Tech Officer | Disposed F | 1,286 | $51.50 | $66.23K | 40,602 | Direct |
| 22 May, 2026 | Richard J. Statuto | Director | Acquired A | 2,135 | $0.00 | $0 | 6,775 | Direct |
| 22 May, 2026 | Granetta B. Blevins | Director | Acquired A | 2,135 | $0.00 | $0 | 60,080 | Direct |
| 22 May, 2026 | Daniel S. Pianko | Director | Acquired A | 2,135 | $0.00 | $0 | 34,439 | Direct |
| 22 May, 2026 | Anna M. Fabrega | Director | Acquired A | 2,135 | $0.00 | $0 | 33,431 | Direct |
| 13 May, 2026 | Nuno S. Fernandes | President, Apus | Disposed S | 4,500 | $53.34 | $240.03K | 78,575 | Direct |
| 01 Apr, 2026 | Daniel S. Pianko | Director | Acquired A | 1,107 | $36.15 | $40.02K | 32,304 | Direct |
| 19 Mar, 2026 | Capital Llc 325 | Other | Disposed S | 10,477 | $54.20 | $567.90K | 986,269 | Direct |