This article is a joke. Equating options exercising during open trading periods with insider trading. Company officials are allowed to buy and sell stock, and if they do it is not considered insider trading. Unless they do it with pre public knowledge available. This article talks about carbon footprint and other useless information. Whoever wrote it had one intention, to make Peter Sperling look bad for selling a 3% stake. This kind of useless information helps no one.
Fact is APOL's big boss Sterling sold 700,000 right before GAO condemnation of his company was made public. It does not matter if he exercised options or not. He sold a massive number of shares with advance knowledge of the GAO report, I'm betting. That is illegal. He must not trade on material information before it is released. The SEC will here of this. So have the lawyers who are going to make him pay for this, for fraud and for failing to educate.
You can be in denial, all you want, but insiders plus professionals' selling is BAD NEWS is coming down the pike.
Never trust a shil or an executive when you see this pattern.
This is great, some internet kid giving us his advice. For profit education is one of the most highly regulated industries out there, and the SEC is already looking into the company. Do you really think he is dumb enough to sell 700k shares with a open probe? You are one idiot who could actually benefit from education, have you given the University of Phoenix a thought?