Phoenix Education Partners PXED
Phoenix Education Partners appoints Michael Weston to board
Item 2.02 Reports results, Item 5.02 Executive or director change
- Form
- 8-K
- Filed
- Importance
- Major
- Accession
- 0001193125-26-445352
- Michael Weston appointed as Class II director on October 29, 2026
- Weston is a Principal at Apollo Global Management, joined in 2022
- Weston will serve on the nominating and corporate governance committee
- No compensation will be paid to Weston for director service
Written from the 8-K on EDGAR. Check the filing before you rely on it.
The reading, claim by claim
- The company issued a press release and scheduled a webcast to discuss these results.
- The information in the filing is not deemed filed for liability purposes.
- The filing also notes the appointment of Michael Weston to the Board of Directors on October 29, 2026.
- Mr. Weston is a Principal at Apollo Global Management, Inc., with experience in private equity and investment banking.
- He will serve on the nominating and corporate governance committee.
5 of 7 claims matched the filing text.
Not found in the filing text
- The company's 10-K for the year ended August 31, 2026, shows revenue of $1.0 billion and net income of $88.9 million.
- Operating margin was 12.1% and net margin 8.7%.
From the filing
Item 2.02 Results of Operations and Financial Condition.
Item 2.02 Results of Operations and Financial Condition.
On November 3, 2026, Phoenix Education Partners, Inc. (the " Company ") issued a press release1 reporting financial results for the three and twelve months ended August 31, 2026. A copy of the Company's press release is furnished herewith as Exhibit 99.1 and is incorporated in this report by reference. The Company has scheduled a webcast1 for 5:00 p.m. ET on November 3, 2026, to discuss its financial results.
The information contained in this Item 2.022, including Exhibit 99.1 furnished herewith, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 19342, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings, unless expressly incorporated by specific reference in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; App
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 29, 2026, Michael Weston was appointed to the Board of Directors (" Board ") of the Company3 as a Class II director. Mr. Weston will serve on the nominating and corporate governance committee of the Board5.
Mr. Weston is a Principal in the private equity group at Apollo Global Management, Inc.4, which he joined in 2022. He has nearly a decade of investing and portfolio management experience. From 2018 to 2020, Mr. Weston served as a private equity associate at Oaktree Capital Management and was an investment banking analyst at Credit Suisse from 2016 to 2018. Mr. Weston currently serves on the board of directors of Rackspace Technology, Inc. Mr. Weston holds a Bachelor's degree, cum laude, from Brigham Young University and a Master of Business Administration degree from Harvard Business School.
Mr. Weston has entered into a standard indemnification agreement with the Company, the form of which is attached as exhibit 10.22 to the Company's Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission on November 20, 2025. Mr. Weston will not receive any compensation from the Company for serving as a director.
Mr. Weston is an Apollo Board Nominee, as defined in that certain Stockholders' Agreement, dated as of October 8, 2025, by and among the Company, TVG-I-E-AEG Holdings, LP and AP VIII Socrates Holdings, L.P. There have been no transactions since the beginning of the Company's last fiscal year, and there are no currently proposed transactions, in which the Company was or is to be a participant and in which Mr. Weston, or any member of his immediate family had or will have any interest, that are required to be reported under Item 404(a) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit
Number
Description
99.1
Press Release
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
2
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 hereunto duly authorized.
Phoenix Education Partners, Inc.
Date:
November 3, 2026
By:
/s/ Michael Cochran
Michael Cochran
Interim Chief Financial Officer
3
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