KRISHNAIAH RAGHU RAM (Chief Operating Officer) received a stock award from PHOENIX EDUCATION PARTNERS, INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 2 awards

KRISHNAIAH RAGHU RAM

Filed: 10/14/2025ACC: 0000950142-25-002794

InsiderKRISHNAIAH RAGHU RAMCIK 2085221

→

IssuerPHOENIX EDUCATION PARTNERS, INC.CIK 1600222

Officer· Chief Operating Officer

Since Oct 2025

+431.41K

Net shares

Net buyer

$0.00

Total acquired

Open market trades

0B · 0S

Total transactions

431.41K acquired

Non-Derivative Transactions2

Common Stock, par value $0.01 per share

Direct

A · Award

+13.50K

Price / share

—

Trade value

—

% of position

New position

10/9/2025

0.00→13.50K

Common Stock, par value $0.01 per share

Direct

A · Award

+54.68K

Price / share

—

Trade value

—

% of position

405.1%

10/9/2025

13.50K→68.18K

Total

Net shares

+68.18K

Net value

$0.00

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.01 per share Direct	10/9/2025	A · Award	+13.50K	—	—	New position	0.00	13.50K
Common Stock, par value $0.01 per share Direct	10/9/2025	A · Award	+54.68K	—	—	405.1%	13.50K	68.18K
Total			+68.18K		$0.00

Derivative Transactions5

Employee Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

62.78K shares

+62.78K

Strike price

11.04

Held after

62.78K

Exercisable

—

10/9/2025

Employee Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

161.82K shares

+161.82K

Strike price

3.79

Held after

161.82K

Exercisable

—

10/9/2025

Employee Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

15.42K shares

+15.42K

Strike price

3.79

Held after

15.42K

Exercisable

—

10/9/2025

Employee Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

61.60K shares

+61.60K

Strike price

10.61

Held after

61.60K

Exercisable

—

10/9/2025

Employee Stock Option (Right to Buy)

Direct

A · Award

Converts to

Common Stock

61.60K shares

+61.60K

Strike price

10.61

Held after

61.60K

Exercisable

—

10/9/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	Common Stock62.78K shares	10/9/2025	A · Award	+62.78K	11.04	—	62.78K
Employee Stock Option (Right to Buy) Direct	Common Stock161.82K shares	10/9/2025	A · Award	+161.82K	3.79	—	161.82K
Employee Stock Option (Right to Buy) Direct	Common Stock15.42K shares	10/9/2025	A · Award	+15.42K	3.79	—	15.42K
Employee Stock Option (Right to Buy) Direct	Common Stock61.60K shares	10/9/2025	A · Award	+61.60K	10.61	—	61.60K
Employee Stock Option (Right to Buy) Direct	Common Stock61.60K shares	10/9/2025	A · Award	+61.60K	10.61	—	61.60K