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