PXED

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · derivative · entry 7

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 87,569

Underlying: Common Stock · 850 shares

Expires 2028-01-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

F2 · price: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

F2 · derivative.underlying_shares: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · nonDerivative · entry 5

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 62,682

F4 · kind: Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · nonDerivative · entry 4

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 63,532

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · derivative · entry 6

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 88,419

Underlying: Common Stock · 19,453 shares

Expires 2028-01-22

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

F2 · price: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

F2 · derivative.underlying_shares: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · nonDerivative · entry 3

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 62,682

F3 · kind: Represents sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026. The shares were sold in multiple transactions at prices ranging from $25.51 to $26.09, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · nonDerivative · entry 2

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 82,135

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: Represents the exercise of stock options pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2026.

SEC source: 0000950142-26-002742 · es260842218_4-woodsj.xml · nonDerivative · entry 1

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: Plan reported

Ownership: Direct

Disclosed balance after: 62,682

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002741 · es260842137_4-westblom.xml · nonDerivative · entry 1

Westblom Blair Wilde · CIK 0002085226 · Former Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,420

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002740 · es260842134_4-naumann.xml · nonDerivative · entry 1

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,003

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002739 · es260842131_4-medi.xml · nonDerivative · entry 1

Medi Srini · CIK 0002085224 · Chief Legal Officer & Sec.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 67,814

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002738 · es260842129_4-lynne.xml · nonDerivative · entry 1

Lynne Christopher Mark · CIK 0002085223 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 185,588

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002737 · es260842128_4-krishnaiah.xml · nonDerivative · entry 1

Krishnaiah Raghu Ram · CIK 0002085221 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 82,082

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002736 · es260842127_4-honaker.xml · nonDerivative · entry 2

Honaker Jeffrey Charles · CIK 0002085185 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 27,678

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002736 · es260842127_4-honaker.xml · nonDerivative · entry 1

Honaker Jeffrey Charles · CIK 0002085185 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,132

F1 · kind: Represents shares of the Issuer's common stock withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

SEC source: 0000950142-26-002444 · es260824607_4-naumann.xml · derivative · entry 3

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 43,883 shares

Expires 2026-08-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · price: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · derivative.underlying_shares: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

SEC source: 0000950142-26-002444 · es260824607_4-naumann.xml · nonDerivative · entry 2

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 61,203

SEC source: 0000950142-26-002444 · es260824607_4-naumann.xml · nonDerivative · entry 1

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 86,705

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950142-26-002442 · es260824604_4-lynne.xml · derivative · entry 3

Lynne Christopher Mark · CIK 0002085223 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 75,260 shares

Expires 2026-08-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · price: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · derivative.underlying_shares: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

SEC source: 0000950142-26-002442 · es260824604_4-lynne.xml · nonDerivative · entry 2

Lynne Christopher Mark · CIK 0002085223 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 206,389

SEC source: 0000950142-26-002442 · es260824604_4-lynne.xml · nonDerivative · entry 1

Lynne Christopher Mark · CIK 0002085223 · Director · Chief Executive Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 251,638

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950142-26-002443 · es260824606_4-medi.xml · derivative · entry 3

Medi Srini · CIK 0002085224 · Chief Legal Officer & Sec.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 60,052 shares

Expires 2026-08-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · price: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · derivative.underlying_shares: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

SEC source: 0000950142-26-002443 · es260824606_4-medi.xml · nonDerivative · entry 2

Medi Srini · CIK 0002085224 · Chief Legal Officer & Sec.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 73,734

SEC source: 0000950142-26-002443 · es260824606_4-medi.xml · nonDerivative · entry 1

Medi Srini · CIK 0002085224 · Chief Legal Officer & Sec.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 106,924

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950142-26-002416 · es260822955_4-krishnaiah.xml · derivative · entry 3

Krishnaiah Raghu Ram · CIK 0002085221 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 62,782 shares

Expires 2026-08-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · price: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · derivative.underlying_shares: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

SEC source: 0000950142-26-002416 · es260822955_4-krishnaiah.xml · nonDerivative · entry 2

Krishnaiah Raghu Ram · CIK 0002085221 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 91,141

SEC source: 0000950142-26-002416 · es260822955_4-krishnaiah.xml · nonDerivative · entry 1

Krishnaiah Raghu Ram · CIK 0002085221 · Chief Operating Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 130,966

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950142-26-002033 · es260805737_4-brackenbury.xml · nonDerivative · entry 1

Brackenbury Robert Lee · CIK 0002142271 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,332

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan that will vest on the date of the annual meeting of stockholders in 2027.

SEC source: 0000950142-26-001283 · es260775211_4-woodsj.xml · derivative · entry 3

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 60,052 shares

Expires 2026-08-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · price: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · derivative.underlying_shares: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

SEC source: 0000950142-26-001283 · es260775211_4-woodsj.xml · nonDerivative · entry 2

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 68,316

SEC source: 0000950142-26-001283 · es260775211_4-woodsj.xml · nonDerivative · entry 1

Woods John Terrence · CIK 0002085188 · Chief Academic Off. & Provost

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 102,612

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950142-26-001282 · es260775210_4-naumann.xml · derivative · entry 3

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,883

Underlying: Common Stock · 15,000 shares

Expires 2026-08-31

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · kind: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · price: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

F1 · derivative.underlying_shares: The stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") were exercised by the Reporting Person because such stock options were scheduled to expire prior to the expiration of certain restrictions on transfer of the Issuer's common stock by the Reporting Person, as previously disclosed in connection with the Issuer's initial public offering. The Reporting Person remains subject to such restrictions, which will expire on October 8, 2026. No shares of the Issuer's common stock were sold by the Reporting Person in connection with this transaction.

SEC source: 0000950142-26-001282 · es260775210_4-naumann.xml · nonDerivative · entry 2

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 42,822

SEC source: 0000950142-26-001282 · es260775210_4-naumann.xml · nonDerivative · entry 1

Naumann Cheryl M. · CIK 0002085225 · Chief Human Resources Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 50,936

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000950142-26-001227 · es260773835_4-honaker.xml · nonDerivative · entry 1

Honaker Jeffrey Charles · CIK 0002085185 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,132

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan (the "Omnibus Incentive Plan") that will vest and become shares of the Issuer's common stock in accordance with the following: (i) 1/3 of such units shall vest on October 8, 2026, and (ii) the remaining 2/3 of such units shall vest in eight equal installments on each three-month anniversary thereafter over two years.

SEC source: 0000950142-26-000499 · es260742928_4-sizer.xml · nonDerivative · entry 1

Sizer John Clement JR · CIK 0002085164 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,425

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan that will vest on the earlier of: (i) the date of the annual meeting of stockholders the year following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the board of directors through such vesting date.

SEC source: 0000950142-26-000498 · es260742927_4-denham.xml · nonDerivative · entry 1

Denham Jeffrey John · CIK 0002085220 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,425

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan that will vest on the earlier of: (i) the date of the annual meeting of stockholders the year following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the board of directors through such vesting date.

SEC source: 0000950142-26-000497 · es260742926_4-cohenp.xml · nonDerivative · entry 1

Cohen Peter Jonathan · CIK 0002085219 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 54,004

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan that will vest on the earlier of: (i) the date of the annual meeting of stockholders the year following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the board of directors through such vesting date.

SEC source: 0000950142-26-000496 · es260742925_4-bird.xml · nonDerivative · entry 1

Bird Andrew Peter · CIK 0002009311 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,425

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan that will vest on the earlier of: (i) the date of the annual meeting of stockholders the year following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the board of directors through such vesting date.

SEC source: 0000950142-26-000500 · es260742929_4-worsoe.xml · nonDerivative · entry 1

Worsoe Johannes H · CIK 0001383840 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,394

F1 · price: Consists of restricted stock units granted under the Phoenix Education Partners, Inc. 2025 Omnibus Incentive Plan that will vest on the earlier of: (i) the date of the annual meeting of stockholders the year following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the board of directors through such vesting date.

SEC source: 0001104659-25-100398 · tm2528931-1_4seq1.xml · nonDerivative · entry 1

AP VIII Socrates Holdings, L.P. · CIK 0002085186 · 10% owner

AP VIII Socrates Holdings GP, LLC · CIK 0002091282 · 10% owner

Apollo Advisors VIII, L.P. · CIK 0001600221 · 10% owner

Apollo Capital Management VIII, LLC · CIK 0001600223 · 10% owner

APH Holdings, L.P. · CIK 0001648671 · 10% owner

Apollo Principal Holdings A GP, Ltd. · CIK 0001566491 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 24,901,319

F1 · kind: See Exhibit 99.1.

F2 · ownership.nature: See Exhibit 99.1.

SEC source: 0000950142-25-002834 · es250693171_4-nisar.xml · nonDerivative · entry 1

Nisar Adnan A. · CIK 0002085170 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By TVG-I-E-AEG Holdings, LP

Disclosed balance after: 4,935,463

F1 · kind: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") pursuant to the underwriters' overallotment option in connection with the Issuer's initial public offering.

F1 · shares: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") pursuant to the underwriters' overallotment option in connection with the Issuer's initial public offering.

F2 · ownership.nature: This Form 4 reflects shares of the Issuer held directly by the Vistria Stockholder. Vistria-AEG GP, LLC ("Vistria GP") is the general partner of the Vistria Stockholder and Adnan A. Nisar is the sole manager of Vistria GP. The Vistria Group, LP ("Vistria LP") is the sole member of Vistria GP. The Vistria Group, LLC is the general partner of Vistria LP and Harreld N. Kirkpatrick III and Martin H. Nesbitt are the sole members of The Vistria Group, LLC. The Reporting Person may be deemed to have voting and dispositive control of the shares of the Issuer's common stock held by the Vistria Stockholder.

F3 · ownership.nature: The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. The filing of this statement shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities.

SEC source: 0001213900-25-099979 · ownership.xml · nonDerivative · entry 1

TVG-I-E-AEG Holdings, LP · CIK 0002085244 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,935,463

F1 · kind: Reflects shares of the Issuer sold by the Reporting Person pursuant to the underwriters' overallotment option in connection with the Issuer's initial public offering.

F1 · shares: Reflects shares of the Issuer sold by the Reporting Person pursuant to the underwriters' overallotment option in connection with the Issuer's initial public offering.

F2 · ownership.direct: This Form 4 reflects shares of the Issuer held directly by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder"). Vistria-AEG GP, LLC ("Vistria GP") is the general partner of the Vistria Stockholder and Adnan A. Nisar is the sole manager of Vistria GP. The Vistria Group, LP ("Vistria LP") is the sole member of Vistria GP. The Vistria Group, LLC is the general partner of Vistria LP and Harreld N. Kirkpatrick III and Martin H. Nesbitt are the sole members of The Vistria Group, LLC. Messrs. Kirkpatrick, Nesbitt and Nisar each may be deemed to have voting and dispositive control of the shares of the Issuer's common stock held by the Vistria Stockholder. Messrs. Kirkpatrick, Nesbitt and Nisar disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein, if any.

F3 · ownership.direct: The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. The filing of this statement shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities.

SEC source: 0000950142-25-002833 · es250693170_4-nesbitt.xml · nonDerivative · entry 1

Nesbitt Martin H. · CIK 0001478041 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By TVG-I-E-AEG Holdings, LP

Disclosed balance after: 4,935,463

F1 · kind: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") pursuant to the underwriters' overallotment option in connection with the Issuer's initial public offering.

F1 · shares: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") pursuant to the underwriters' overallotment option in connection with the Issuer's initial public offering.

F2 · ownership.nature: This Form 4 reflects shares of the Issuer held directly by the Vistria Stockholder. Vistria-AEG GP, LLC ("Vistria GP") is the general partner of the Vistria Stockholder and Adnan A. Nisar is the sole manager of Vistria GP. The Vistria Group, LP ("Vistria LP") is the sole member of Vistria GP. The Vistria Group, LLC is the general partner of Vistria LP and Harreld N. Kirkpatrick III and Martin H. Nesbitt are the sole members of The Vistria Group, LLC. The Reporting Person may be deemed to have voting and dispositive control of the shares of the Issuer's common stock held by the Vistria Stockholder.

F3 · ownership.nature: The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. The filing of this statement shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities.

SEC source: 0000950142-25-002799 · es250691618_4-nisar.xml · nonDerivative · entry 1

Nisar Adnan A. · CIK 0002085170 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By TVG-I-E-AEG Holdings, LP

Disclosed balance after: 5,040,915

F1 · kind: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") in connection with the Issuer's initial public offering.

F1 · shares: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") in connection with the Issuer's initial public offering.

F2 · ownership.nature: This Form 4 reflects shares of the Issuer held directly by the Vistria Stockholder. Vistria-AEG GP, LLC ("Vistria GP") is the general partner of the Vistria Stockholder and Adnan A. Nisar is the sole manager of Vistria GP. The Vistria Group, LP ("Vistria LP") is the sole member of Vistria GP. The Vistria Group, LLC is the general partner of Vistria LP and Harreld N. Kirkpatrick III and Martin H. Nesbitt are the sole members of The Vistria Group, LLC. The Reporting Person may be deemed to have voting and dispositive control of the shares of the Issuer's common stock held by the Vistria Stockholder.

F3 · ownership.nature: The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. The filing of this statement shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities.

SEC source: 0001104659-25-099305 · tm2528686-1_4seq1.xml · nonDerivative · entry 1

AP VIII Socrates Holdings, L.P. · CIK 0002085186 · 10% owner

Apollo Advisors VIII, L.P. · CIK 0001600221 · 10% owner

Apollo Capital Management VIII, LLC · CIK 0001600223 · 10% owner

APH Holdings, L.P. · CIK 0001648671 · 10% owner

Apollo Principal Holdings A GP, Ltd. · CIK 0001566491 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Indirect · SeeFootnote

Disclosed balance after: 25,433,367

F1 · kind: See Exhibit 99.1.

F2 · ownership.nature: See Exhibit 99.1.

SEC source: 0001213900-25-098775 · ownership.xml · nonDerivative · entry 1

TVG-I-E-AEG Holdings, LP · CIK 0002085244 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,040,915

F1 · kind: Reflects shares of the Issuer sold by the Reporting Person in connection with the Issuer's initial public offering.

F1 · shares: Reflects shares of the Issuer sold by the Reporting Person in connection with the Issuer's initial public offering.

F2 · ownership.direct: This Form 4 reflects shares of the Issuer held directly by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder"). Vistria-AEG GP, LLC ("Vistria GP") is the general partner of the Vistria Stockholder and Adnan A. Nisar is the sole manager of Vistria GP. The Vistria Group, LP ("Vistria LP") is the sole member of Vistria GP. The Vistria Group, LLC is the general partner of Vistria LP and Harreld N. Kirkpatrick III and Martin H. Nesbitt are the sole members of The Vistria Group, LLC. Messrs. Kirkpatrick, Nesbitt and Nisar each may be deemed to have voting and dispositive control of the shares of the Issuer's common stock held by the Vistria Stockholder. Messrs. Kirkpatrick, Nesbitt and Nisar disclaim beneficial ownership of the reported securities, except to the extent of their pecuniary interest therein, if any.

F3 · ownership.direct: The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. The filing of this statement shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities.

SEC source: 0000950142-25-002798 · es250691617_4-nesbitt.xml · nonDerivative · entry 1

Nesbitt Martin H. · CIK 0001478041 · Director · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · By TVG-I-E-AEG Holdings, LP

Disclosed balance after: 5,040,915

F1 · kind: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") in connection with the Issuer's initial public offering.

F1 · shares: Reflects shares of the Issuer sold by TVG-I-E-AEG Holdings, LP (the "Vistria Stockholder") in connection with the Issuer's initial public offering.

F2 · ownership.nature: This Form 4 reflects shares of the Issuer held directly by the Vistria Stockholder. Vistria-AEG GP, LLC ("Vistria GP") is the general partner of the Vistria Stockholder and Adnan A. Nisar is the sole manager of Vistria GP. The Vistria Group, LP ("Vistria LP") is the sole member of Vistria GP. The Vistria Group, LLC is the general partner of Vistria LP and Harreld N. Kirkpatrick III and Martin H. Nesbitt are the sole members of The Vistria Group, LLC. The Reporting Person may be deemed to have voting and dispositive control of the shares of the Issuer's common stock held by the Vistria Stockholder.

F3 · ownership.nature: The Reporting Person disclaims beneficial ownership of the reported securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. The filing of this statement shall not be deemed an admission by the Reporting Person of beneficial ownership of the reported securities.

SEC source: 0000950142-25-002793 · es250691612_4-honaker.xml · derivative · entry 8

Honaker Jeffrey Charles · CIK 0002085185 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,801

Underlying: Common Stock · 30,801 shares

Expires 2030-08-31

F4 · price: Consists of (i) 16,941 stock options granted under the University Equity Plan that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO and (ii) 13,860 stock options granted under the University Equity Plan that vest and become exercisable for shares of the Issuer's common stock on the twelve-month anniversary of the closing of the IPO.

F4 · derivative.exercise_date: Consists of (i) 16,941 stock options granted under the University Equity Plan that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO and (ii) 13,860 stock options granted under the University Equity Plan that vest and become exercisable for shares of the Issuer's common stock on the twelve-month anniversary of the closing of the IPO.

F4 · derivative.underlying_shares: Consists of (i) 16,941 stock options granted under the University Equity Plan that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO and (ii) 13,860 stock options granted under the University Equity Plan that vest and become exercisable for shares of the Issuer's common stock on the twelve-month anniversary of the closing of the IPO.

SEC source: 0000950142-25-002793 · es250691612_4-honaker.xml · derivative · entry 7

Honaker Jeffrey Charles · CIK 0002085185 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,801

Underlying: Common Stock · 30,801 shares

Expires 2033-02-17

F3 · price: Consists of stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO.

F3 · derivative.underlying_shares: Consists of stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO.

SEC source: 0000950142-25-002793 · es250691612_4-honaker.xml · derivative · entry 6

Honaker Jeffrey Charles · CIK 0002085185 · Chief Accounting Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,108

Underlying: Common Stock · 19,108 shares

Expires 2031-11-17

F3 · price: Consists of stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO.

F3 · derivative.underlying_shares: Consists of stock options granted under The University of Phoenix, Inc. Management Equity Plan (the "University Equity Plan") that became exercisable for shares of the Issuer's common stock in connection with the closing of the IPO.