UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
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Incorporation) |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (
(Former name or former address if changed since last report.) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
On March 26, 2024, Daniel J. Briggs, the Chief Executive Officer of Orbis Education Services, LLC, a wholly owned subsidiary of Grand Canyon Education, Inc. (the “Company”), submitted written notice of his resignation for good reason. In connection with the foregoing, under the terms of Mr. Briggs’ employment agreement, upon the effective date of June 30, 2024, Mr. Briggs will receive payments and other benefits in accordance with the good reason provisions of his employment agreement, subject to his execution and delivery, as a condition to receipt of such payments and benefits, of a general release of claims in a form acceptable to the Company that is effective and irrevocable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
GRAND CANYON EDUCATION, INC. | ||
Date: April 1, 2024 | By: | /s/ Daniel E. Bachus |
Daniel E. Bachus | ||
Chief Financial Officer | ||
(Principal Financial Officer) | ||
Document and Entity Information |
Mar. 26, 2024 |
|---|---|
| Document and Entity Information [Abstract] | |
| Document Type | 8-K |
| Document Period End Date | Mar. 26, 2024 |
| Entity File Number | 001-34211 |
| Entity Registrant Name | Grand Canyon Education, Inc. |
| Entity Incorporation, State or Country Code | DE |
| Entity Tax Identification Number | 20-3356009 |
| Entity Address, Address Line One | 2600 W. Camelback Road |
| Entity Address, State or Province | AZ |
| Entity Address, City or Town | Phoenix |
| Entity Address, Postal Zip Code | 85017 |
| City Area Code | 602 |
| Local Phone Number | 247-4400 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock |
| Trading Symbol | LOPE |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
| Entity Central Index Key | 0001434588 |
| Amendment Flag | false |