Strategic Education General Counsel Sells $607K in Shares

Lizette Benedi Herraiz reduces stake by 11.48% amid quarterly earnings miss

Mar. 17, 2026 at 8:19am

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Strategic Education Inc. (NASDAQ:STRA) General Counsel Lizette Benedi Herraiz sold 7,598 shares of the company's stock on March 13 at an average price of $79.97, reducing her stake by 11.48% to 58,562 shares worth approximately $4.68 million. The sale came after the company reported quarterly earnings that beat estimates but missed on revenue, causing the stock to trade down about 1.9% to $79.26.

Why it matters

Insider transactions can provide insights into a company's performance and outlook. Herraiz's sale, while representing a relatively small portion of her overall holdings, may signal concerns about Strategic Education's near-term prospects despite the earnings beat.

The details

Herraiz sold the 7,598 shares for a total value of $607,612.06. Following the sale, she now owns 58,562 shares in the company, valued at approximately $4.68 million. Strategic Education reported quarterly earnings of $1.74 per share, beating estimates by $0.27, but revenue of $311.46 million fell short of the $322.29 million estimate.

  • Herraiz sold the shares on March 13, 2026.
  • Strategic Education reported quarterly earnings on February 26, 2026.

The players

Lizette Benedi Herraiz

General Counsel of Strategic Education Inc.

Strategic Education Inc.

A publicly traded higher education services holding company headquartered in Herndon, Virginia.

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