Perdoceo's Todd Nelson intends $1.5M stock sale

Todd S. Nelson filed a Rule 144 notice to sell 46,199 PRDO common shares, acquired as restricted stock vesting between 2016 and 2026.

Rhea-AI Filing Summary

PERDOCEO EDUCATION CORPORATION (PRDO) received a notice that Todd S. Nelson intends to sell common stock under Rule 144. The notice covers 46,199 shares of common stock, with an indicated aggregate market value of $1,519,480.49, and references trading on NASDAQ on September 15, 2026.

The shares were acquired as restricted stock from the issuer, with vesting occurring from September 14, 2016 through March 14, 2026. The filing notes that the securities are held in an account at Morgan Stanley Smith Barney LLC Executive Financial Services.

Key Figures

Shares to be sold: 46,199 shares Aggregate market value: $1,519,480.49 Shares outstanding: 62,577,055 shares +3 more

6 metrics

Shares to be sold 46,199 shares Common stock covered by the Rule 144 notice

Aggregate market value $1,519,480.49 Value of the 46,199 PRDO shares listed for proposed sale

Shares outstanding 62,577,055 shares PRDO common shares outstanding as listed in the securities information section

Acquisition start date September 14, 2016 Initial acquisition/vesting date for the restricted stock

Vesting period end March 14, 2026 End of vesting period for restricted stock referenced in the remarks

Date of notice September 15, 2026 Date on which the Rule 144 notice was signed and filed

Key Terms

Rule 144, restricted stock, aggregate market value, person

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

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

"The securities to be sold were acquired upon the vesting of restricted stock"

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.

aggregate market value financial

"Common | ... | 46199 | 1519480.49 | 62577055"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

person regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for PERDOCEO EDUCATION CORPORATION (PRDO)?

It discloses that Todd S. Nelson intends to sell 46,199 shares of PRDO common stock under Rule 144, with an indicated aggregate market value of $1,519,480.49, in transactions referencing NASDAQ on September 15, 2026.

How many PRDO shares does Todd S. Nelson plan to sell under this Form 144?

Todd S. Nelson plans to sell 46,199 shares of PRDO common stock. These shares are listed in the securities information section of the notice filed under Rule 144.

What is the aggregate market value of the PRDO shares in this Form 144?

The filing lists an aggregate market value of $1,519,480.49 for the 46,199 PRDO common shares covered by the proposed Rule 144 sale.

When were the PRDO shares in this Form 144 originally acquired?

The shares were acquired as restricted stock from the issuer, with an acquisition date noted as September 14, 2016 and a remark that vesting occurred from September 14, 2016 through March 14, 2026.

How many PRDO shares are outstanding according to this Form 144 notice?

The notice lists 62,577,055 shares of PRDO common stock as outstanding in the securities information section associated with the proposed Rule 144 sale.

Through which broker are the PRDO shares in this Form 144 held?

The shares are held through Morgan Stanley Smith Barney LLC Executive Financial Services, with the account address given as 1 New York Plaza, 8th Floor, New York, NY 10004.

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

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Available on EDGAR 09/15/2026 - 04:43 PM Accepted by SEC EDGAR 09/15/2026 - 04:43 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001237505
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	PERDOCEO EDUCATION CORPORATION
SEC File Number	000-23245
Address of Issuer	1750 E. Golf Road Schaumburg ILLINOIS 60173
Phone	(847) 781-3600
Name of Person for Whose Account the Securities are To Be Sold	TODD SHERMAN NELSON
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	46199	1519480.49	62577055	09/15/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/14/2016	Restricted Stock	ISSUER			46199	09/14/2016	Not Applicable

* 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

Nothing to Report

144: Remarks and Signature

Remarks	The securities to be sold were acquired upon the vesting of restricted stock during the period of 09/14/2016 through 03/14/2026.
Date of Notice	09/15/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	05/14/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Todd S Nelson
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)