PRDO (NASDAQ: PRDO) affiliate notifies sale of Performance and Restricted Shares
Rhea-AI Filing Summary
PRDO submitted a Form 144 notice for proposed sales of Common stock through Morgan Stanley Smith Barney LLC on 03/18/2026. The filing lists 22,869 Performance Shares and 10,402 Restricted Stock as securities to be sold, each dated 03/14/2026, executed via NASDAQ broker arrangements.
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Insights
Form 144 notifies a brokered resale of affiliate-held common stock.
The filing names Morgan Stanley Smith Barney LLC as the broker and shows proposed sales dated 03/18/2026. It identifies 22,869 Performance Shares and 10,402 Restricted Stock dated 03/14/2026 as the lots to be sold.
Cash‑flow treatment and proceeds recipients are not stated in the excerpt; subsequent transaction details and confirmations will appear in trade reports or Form 4/Form 5 filings if and when sales occur.
FAQ
What does PRDO's Form 144 filed on 03/18/2026 report?
Who is the broker handling the proposed PRDO share sales?
Do the Form 144 entries state proceeds or price for PRDO shares?
Are these shares registered or restricted according to the excerpt?
Will PRDO disclose completed sales from this Form 144?