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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2014 | AMERICAN PUBLIC EDUCATION INC | APEI | 63,799 | 0 | 2,193,000 | -35,000 | $34.37 |
| 03/31/2014 | AMERICAN PUBLIC EDUCATION INC | APEI | 63,799 | 0 | 2,228,000 | -545,000 | $34.92 |
| 12/31/2013 | AMERICAN PUBLIC EDUCATION INC | APEI | 63,799 | 0 | 2,773,000 | 361,000 | $43.46 |
| 09/30/2013 | AMERICAN PUBLIC EDUCATION INC | APEI | 63,799 | -12,500 | 2,412,000 | -423,000 | $37.81 |
| 06/30/2013 | AMERICAN PUBLIC EDUCATION INC | APEI | 76,299 | -37,545 | 2,835,000 | -1,277,000 | $37.16 |
| 03/31/2013 | AMERICAN PUBLIC EDUCATION INC | APEI | 113,844 | 0 | 3,972,000 | -140,000 | $34.89 |
| 12/31/2012 | AMERICAN PUBLIC EDUCATION INC | APEI | 113,844 | 0 | 4,112,000 | -36,000 | $36.12 |
| 09/30/2012 | AMERICAN PUBLIC EDUCATION INC | APEI | 113,844 | -9,350 | 4,148,000 | 206,000 | $36.44 |
| 06/30/2012 | AMERICAN PUBLIC EDUCATION INC | APEI | 123,194 | 30,000 | 3,942,000 | 401,000 | $32.00 |
| 03/31/2012 | AMERICAN PUBLIC EDUCATION INC | APEI | 93,194 | 0 | 3,541,000 | -492,000 | $38.00 |
| 12/31/2011 | AMERICAN PUBLIC EDUCATION INC | APEI | 93,194 | 0 | 4,033,000 | 864,000 | $43.28 |
| 09/30/2011 | AMERICAN PUBLIC EDUCATION INC | APEI | 93,194 | 8,000 | 3,169,000 | -623,000 | $34.00 |
| 06/30/2011 | AMERICAN PUBLIC EDUCATION INC | APEI | 85,194 | 100 | 3,792,000 | 350,000 | $44.51 |
| 03/31/2011 | AMERICAN PUBLIC EDUCATION INC | APEI | 85,094 | -36,000 | 3,442,000 | -1,068,000 | $40.45 |
| 12/30/2010 | AMERICAN PUBLIC EDUCATION INC | APEI | 121,094 | 17,500 | 4,510,000 | 1,106,000 | $37.24 |
| 09/30/2010 | AMERICAN PUBLIC EDUCATION INC | APEI | 103,594 | 4,508 | 3,404,000 | -926,000 | $32.86 |
| 06/30/2010 | AMERICAN PUBLIC EDUCATION INC | APEI | 99,086 | 3,086 | 4,330,000 | -144,000 | $43.70 |
| 03/31/2010 | AMERICAN PUBLIC EDUCATION INC | APEI | 96,000 | 96,000 | 4,474,000 | 4,474,000 | $46.60 |
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