AMERICAN PUBLIC EDUCATION IN

Ticker: APEI CUSIP: 02913V103 Class: Common Stock

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP's Holding History (CIK: 0001164508)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 396,903 Value ($000) $15,003 Avg Close $35.80 Range $30.20 - $39.83

Q3 2025

Shares 389,081 Value ($000) $15,357 Avg Close $31.74 Range $27.74 - $39.73

Q2 2025

Shares 389,586 Value ($000) $11,867 Avg Close $26.44 Range $20.75 - $31.62

Q1 2025

Shares 221,224 Value ($000) $4,938 Avg Close $21.67 Range $18.77 - $25.60

Q4 2024

Shares 221,224 Value ($000) $4,772 Avg Close $17.98 Range $13.45 - $23.84

Q3 2024

Shares 197,924 Value ($000) $2,919 Avg Close $16.37 Range $11.80 - $20.96

Q2 2024

Shares 160,142 Value ($000) $3 Avg Close $15.70 Range $12.24 - $21.04

Q1 2024

Shares 130,583 Value ($000) $2 Avg Close $11.75 Range $9.65 - $16.39

Q4 2022

Shares 194,823 Value ($000) $2 Avg Close $12.40 Range $8.90 - $14.22

Q3 2022

Shares 96,380 Value ($000) $881 Avg Close $12.42 Range $7.83 - $16.79

Q1 2021

Shares 237,465 Value ($000) $8,461 Avg Close $31.31 Range $25.50 - $39.19

Q4 2020

Shares 243,701 Value ($000) $7,428 Avg Close $30.75 Range $25.35 - $35.92

Q3 2020

Shares 243,701 Value ($000) $6,870 Avg Close $30.40 Range $26.80 - $41.09

Q2 2020

Shares 243,701 Value ($000) $7,214 Avg Close $27.98 Range $20.56 - $34.63

Q1 2020

Shares 243,701 Value ($000) $5,832 Avg Close $24.34 Range $18.47 - $29.54

Q4 2019

Shares 251,305 Value ($000) $6,883 Avg Close $24.43 Range $21.51 - $29.00

Q3 2019

Shares 81,906 Value ($000) $1,830 Avg Close $27.45 Range $22.29 - $34.00

Q2 2019

Shares 48,097 Value ($000) $1,423 Avg Close $30.62 Range $27.85 - $34.97

Q1 2019

Shares 35,339 Value ($000) $1,064 Avg Close $30.83 Range $27.20 - $34.86

Q4 2018

Shares 20,300 Value ($000) $578 Avg Close $30.66 Range $26.37 - $37.00

Q1 2018

Shares 25,753 Value ($000) $1,107 Avg Close $30.67 Range $23.15 - $45.75

Q4 2017

Shares 89,748 Value ($000) $2,248 Avg Close $23.30 Range $19.30 - $27.40

Q3 2017

Shares 89,748 Value ($000) $1,889 Avg Close $20.33 Range $17.40 - $24.10

Q2 2017

Shares 129,517 Value ($000) $3,063 Avg Close $22.88 Range $20.65 - $26.30

Q1 2017

Shares 143,317 Value ($000) $3,282 Avg Close $23.24 Range $19.35 - $26.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	396,903	$15,003	$35.80	$30.20 - $39.83
Q3 2025	389,081	$15,357	$31.74	$27.74 - $39.73
Q2 2025	389,586	$11,867	$26.44	$20.75 - $31.62
Q1 2025	221,224	$4,938	$21.67	$18.77 - $25.60
Q4 2024	221,224	$4,772	$17.98	$13.45 - $23.84
Q3 2024	197,924	$2,919	$16.37	$11.80 - $20.96
Q2 2024	160,142	$3	$15.70	$12.24 - $21.04
Q1 2024	130,583	$2	$11.75	$9.65 - $16.39
Q4 2022	194,823	$2	$12.40	$8.90 - $14.22
Q3 2022	96,380	$881	$12.42	$7.83 - $16.79
Q1 2021	237,465	$8,461	$31.31	$25.50 - $39.19
Q4 2020	243,701	$7,428	$30.75	$25.35 - $35.92
Q3 2020	243,701	$6,870	$30.40	$26.80 - $41.09
Q2 2020	243,701	$7,214	$27.98	$20.56 - $34.63
Q1 2020	243,701	$5,832	$24.34	$18.47 - $29.54
Q4 2019	251,305	$6,883	$24.43	$21.51 - $29.00
Q3 2019	81,906	$1,830	$27.45	$22.29 - $34.00
Q2 2019	48,097	$1,423	$30.62	$27.85 - $34.97
Q1 2019	35,339	$1,064	$30.83	$27.20 - $34.86
Q4 2018	20,300	$578	$30.66	$26.37 - $37.00
Q1 2018	25,753	$1,107	$30.67	$23.15 - $45.75
Q4 2017	89,748	$2,248	$23.30	$19.30 - $27.40
Q3 2017	89,748	$1,889	$20.33	$17.40 - $24.10
Q2 2017	129,517	$3,063	$22.88	$20.65 - $26.30
Q1 2017	143,317	$3,282	$23.24	$19.35 - $26.20