STOCK TITAN

Perdoceo Education (PRDO) plans potential Rule 144 sale of restricted and performance shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Perdoceo Education Corporation filed a notice under Rule 144 for a potential sale of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services. The notice covers up to 3,200 shares of restricted stock dated 03/14/2024 and 10,311 performance shares dated 03/14/2026, with sales expected to occur on NASDAQ if conditions for resale are met.

Positive

  • None.

Negative

  • None.
Restricted stock shares covered 3,200 shares Restricted stock dated 03/14/2024 listed under securities to be sold
Performance shares covered 10,311 shares Performance shares dated 03/14/2026 listed under securities to be sold
Trading market NASDAQ Common stock identified as listed on NASDAQ for potential Rule 144 sales
Rule 144 regulatory
"filed a notice under Rule 144 for a potential sale of common stock"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Restricted Stock | ISSUER | | | 3200 | 03/14/2024"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Performance Shares financial
"Performance Shares | ISSUER | | | 10311 | 03/14/2026"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

FAQ

What does the PRDO Rule 144 filing disclose?

The filing discloses a planned sale of Perdoceo Education common stock under Rule 144, involving restricted stock and performance shares that may be sold on NASDAQ through a broker.

How many PRDO restricted stock shares are covered by this Rule 144 notice?

The notice covers up to 3,200 shares of restricted stock dated 03/14/2024. These shares are registered as potentially eligible for resale once Rule 144 conditions are satisfied.

How many PRDO performance shares are included in the Rule 144 filing?

The filing lists 10,311 performance shares dated 03/14/2026 as securities that may be sold. These performance shares are part of the total common stock covered under the Rule 144 notice.

Which broker is handling the potential PRDO Rule 144 sales?

The planned sales under Rule 144 are to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.

On which exchange may the PRDO shares be sold under this Rule 144 filing?

The common stock covered by this Rule 144 notice is listed on NASDAQ, and any sales under the notice are expected to occur on that market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature