SC 13G: Strategic Education, Inc.

AI Summary

SC 13G filing by Strategic Education, Inc..

Risk Assessment

Risk Level: low

Filing Documents

• d30409dsc13g.htm (SC 13G) — 38KB
• 0001193125-24-255906.txt ( ) — 39KB

From the Filing

SC 13G 1 d30409dsc13g.htm SC 13G SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. )* Strategic Education, Inc. (Name of Issuer) Common (Title of Class of Securities) 86272C103 (CUSIP Number) September 30, 2024 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. CUSIP No.: 86272C103 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Burgundy Asset Management Ltd. 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a)(b) 3. SEC Use Only 4. Citizenship or Place of Organization Canada Number of Shares Beneficially Owned by Each Reporting Person With: 5. Sole Voting Power 905,739 6. Shared Voting Power 0 7. Sole Dispositive Power 1,238,224 8. Shared Dispositive Power 0 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,238,224 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) Inapplicable 11. Percent of Class Represented by Amount in Row (9) 5.0287% 12. Type of Reporting Person (See Instructions) IA Item1. (a) Name of Issuer Strategic Education, Inc. (b) Address of Issuers Principal Executive Offices 2303 Dulles Station Boulevard Herndon, VA 20171 Item2. (a) Name of Person Filing Burgundy Asset Management Ltd. (b) Address of Principal Business Office or, if none, Residence 181 Bay Street, Suite 4510 Toronto, Ontario M5J 2T3 (c) Citizenship Canada (d) Title of Class of Securities N/A (e) CUSIP Number N/A Item3. If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8). (e) An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with 240.13d-1(b)(1)(ii)(J). Item4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: 1,238,224 (b) Percent of class: 5.0287% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote. 905,739 (ii) Shared power to vote or to direct the vote. 0 (iii) Sole power to dispose or to direct the disposition of. 1,238,224 (iv) Shared power to dispose or to direct the disposition of. 0 Instruction. For computations regarding securities which represent a right to acquire an underlying security see 240.13d-3(d)(1). Item5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: Instruction: Dissolution of a group requires a response to this item. Inapplicable Item6. Ownership of More than Five Percent on Behalf of Another Person. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relate