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Insider sells 40,000 shares for $1.39M (NASDAQ: PRDO)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Reporting person Todd Sherman Nelson reports the sale of 40,000 shares. The transaction occurred on 03/16/2026 and shows proceeds of $1,394,404.00. The filing identifies the securities as Performance Shares dated 03/14/2025 and lists Morgan Stanley Smith Barney LLC as the broker on NASDAQ.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 sale disclosure by a reporting person; procedural compliance appears straightforward.

The filing documents a reported sale of 40,000 common shares on 03/16/2026 with aggregate proceeds of $1,394,404.00. It identifies the instrument as Performance Shares dated 03/14/2025.

Because the record shows a single resale event with broker details, this reads as a standard resale disclosure; subsequent SEC filings would show any related Rule 144 mechanics or issuer involvement.

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

FAQ

What did the PRDO Form 144 report?

The Form 144 reports the sale of 40,000 common shares on 03/16/2026 for $1,394,404.00. The filing lists the securities as Performance Shares dated 03/14/2025 and names Morgan Stanley Smith Barney LLC as broker.

Who is listed as the seller in the filing for PRDO?

The seller is identified as Todd Sherman Nelson, with an address in Schaumburg, IL. The Form 144 lists his sale of 40,000 shares executed on 03/16/2026 and provides the aggregate sale proceeds of $1,394,404.00.

What type of securities were sold according to the filing?

The filing identifies the securities sold as Performance Shares with an issuance date of 03/14/2025. The Form 144 records these as common stock sold by the reporting person through the listed broker on NASDAQ.

Which broker and exchange appear on the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC, located at 1 New York Plaza, New York. The exchange field shows NASDAQ, and the sale date recorded is 03/16/2026 for the 40,000-share transaction.
Perdoceo Education Corporation

NASDAQ:PRDO

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PRDO Stock Data

2.37B
61.65M
Education & Training Services
Services-educational Services
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United States
SCHAUMBURG