X0306 4 2022-05-12 1 0001305323 Zovio Inc ZVO 0001614929 Nichols Victor K 1811 E. NORTHROP BLVD. CHANDLER AZ 85286 1 0 0 0 Common Stock 2022-05-12 4 M 0 44129 0.00 A 115930 D Restricted Stock Unit 2022-05-12 4 M 0 44129 0.00 D Common Stock 44129 0 D On May 12, 2022, 44,129 of the reporting person's restricted stock units were settled for an equal number of shares of the issuer's common stock. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Subject to the reporting person's continuing service, 100% of the restricted stock units ("RSUs") shall vest on March 29, 2023. If the reporting person ceases to provide service for any reason other than Cause (as defined in the issuer's Amended and Restated 2009 Stock Incentive Plan, as amended) prior to March 29, 2023, then the RSUs vested shall be determined by multiplying the total number of RSUs granted (122,024 RSUs) by the Pro-Ration Fraction (rounding down to the nearest whole share). "Pro-Ration Fraction" shall mean a fraction: (a) the numerator of which is the number of days that have elapsed between the January 1, 2022 through the date on which the reporting person ceases to provide service, for any reason other than Cause, and (b) the denominator of which is 365. Exhibit 24 - Power of Attorney /s/ Matt Mitchell, as Attorney-in-Fact 2022-05-16