Sasse’s Insider Trading Forms
University of Florida President Ben Sasse joined the board of directors of Strategic Education, Inc. in April 2024. He remains on this board.
Strategic Education, Inc. is the parent company of online for-profit Capella University and Strayer University. He remains on the board of Strategic Education, Inc.
In his position on the Strategic Education, Inc. board, Sasse is compensated in company stock.
On April 24, 2024, with Strategic Education, Inc. company stock at an all-time high of $121 per share, Sasse received 1,193 shares worth $145,000. Sasse would hold his position as president of the University of Florida for over 3 months before resigning,
The following year, still a UF employee collecting his $1,000,000 annual president’s salary, Sasse received an additional 1,498 shares from Strategic Education, Inc., then worth ~$122,000.
To-date, Sasse has received 2,691 shares from his role on Strategic Education, Inc.’s Board worth ~$215,000 as of November 11, 2025.
Friendly competition.
As president of the University of Florida, Ben Sasse received a tax-payer-funded million-dollar president’s salary, benefits, and significant perks—including living for free in the President’s House—with the expectation that he would act as a public servant in Florida’s best interest to further UF’s mission.
On the board of Strategic Education, Inc., Sasse holds fiduciary responsibilities to make decisions to guide the profitability of the company. Receiving stock in compensation for his board role, he is incentivized to maximize profit for the company—as the company’s stock price goes up, he experiences greater personal profits.
Conflict of interest.
Soldiers and veterans receive federal funding to attend college as a benefit for their service, which creates a steady and significant funding stream for colleges.
In 2025, the University of Florida had the top-ranked online bachelors program for veterans in the country, according to U.S. News & World Report.
Strayer University and Capella University each have online bachelors degrees which are have high veteran enrollment.
Sasse held highly-compensated roles, each with executive authority, over institutions competing for the same customer base. Already with a guaranteed public salary, it is in Sasse’s best financial interest to maximize growth of the competing for-profit colleges.
