Inclusive Capital Partners Amends Strategic Education Filing
Ticker: STRA · Form: SC 13D/A · Filed: 2024-03-15T00:00:00.000Z
Sentiment: neutral
Topics: sec-filing, schedule-13d, amendment
TL;DR
Inclusive Capital Partners updated their 13D on Strategic Education. Watch this space.
AI Summary
Inclusive Capital Partners, L.P. has amended its Schedule 13D filing regarding Strategic Education, Inc. on March 15, 2024. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. Inclusive Capital Partners, L.P. is based in San Francisco, CA.
Why It Matters
This amendment signals a potential shift in the investment strategy or stake held by Inclusive Capital Partners in Strategic Education, Inc., which could influence the company's future direction.
Risk Assessment
Risk Level: medium — Amendments to Schedule 13D filings often indicate significant changes in a major shareholder's position, which can lead to increased volatility or strategic shifts for the company.
Key Players & Entities
- Inclusive Capital Partners, L.P. (company) — Filer of the Schedule 13D/A
- Strategic Education, Inc. (company) — Subject company of the filing
- Philippe B. Pradel (person) — Associated with Inclusive Capital Partners, L.P.
- Eleazer Klein, Esq. (person) — Legal counsel for the filer
- Adriana Schwartz, Esq. (person) — Legal counsel for the filer
- Schulte Roth & Zabel LLP (company) — Legal counsel for the filer
FAQ
What specific changes in beneficial ownership are detailed in this SC 13D/A filing?
This excerpt does not provide specific details on the changes in beneficial ownership, only that an amendment (Amendment No. 4) has been filed on March 15, 2024.
Who is the primary filer of this SC 13D/A amendment?
The primary filer is Inclusive Capital Partners, L.P.
What is the subject company of this filing?
The subject company is Strategic Education, Inc.
When was this amendment filed with the SEC?
This amendment was filed on March 15, 2024.
What is the business address of Strategic Education, Inc.?
The business address of Strategic Education, Inc. is 2303 Dulles Station Boulevard, Herndon, VA 20171.
Filing Stats: 973 words · 4 min read · ~3 pages · Grade level 9.6 · Accepted 2024-03-15 21:30:14
Key Financial Figures
- $0.01 — me of Issuer) Common Stock, par value $0.01 per share (Title of Class of Securitie
- $98.15 — .P. Morgan Securities LLC at a price of $98.15 per Share. Other than as disclosed here
Filing Documents
- p24-1220sc13da.htm (SC 13D/A) — 43KB
- 0000902664-24-002476.txt ( ) — 44KB
of the Schedule 13D is hereby amended and supplemented by the addition of the following
Item 6 of the Schedule 13D is hereby amended and supplemented by the addition of the following: Mr. Slocum holds a total of 4,484 vested and unvested restricted stock units in consideration for his service on the board of directors of the Issuer. Mr. Slocum is deemed to hold the restricted stock units for the benefit of the In-Cap Funds and indirectly for the benefit of In-Cap, and may, after vesting, if applicable, transfer the Shares directly to the In-Cap Funds. CUSIP No. 86272C103 SCHEDULE 13D/A Page 5 of 5 Pages
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: March 15, 2024 Inclusive Capital Partners, L.P. By: /s/ Philippe B. Pradel Name: Philippe B. Pradel Title: Chief Compliance Officer /s/ Jeffrey W. Ubben JEFFREY W. UBBEN