STOCK TITAN

Perdoceo (PRDO) Form 144 Filed for 16,561-Share Sale on NASDAQ

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

Rhea-AI Filing Summary

Perdoceo Education Corporation (PRDO) insider sale notice: A Form 144 shows a proposed sale of 16,561 common shares on 08/25/2025 via Morgan Stanley Smith Barney LLC on NASDAQ, with an aggregate market value of $554,982.30. The shares were acquired the same day through a stock option exercise and paid for in cash. The filer reports no securities sold in the prior three months and makes the standard representation that no undisclosed material adverse information is known.

Positive

  • Disclosure provided: The filer has made a timely Form 144 filing specifying shares, value, broker, and sale date
  • Acquisition and sale same day: Shares were acquired via stock option exercise paid in cash, simplifying transfer and sales mechanics

Negative

  • Insider selling: The person intends to sell 16,561 shares, which could be perceived negatively by some investors

Insights

TL;DR: Insider exercised options and plans to sell 16,561 shares valued at $554,982, a routine disclosure with neutral market implications.

This Form 144 documents a single-day acquisition by stock option exercise and a concurrent planned sale of those shares through Morgan Stanley Smith Barney LLC on NASDAQ. The transaction size (about $555k) is modest relative to most public-company floats and does not, by itself, indicate material change in ownership or control. The filing gives no information about broader insider intentions, firm performance, or any nonpublic material facts.

TL;DR: The notice reflects a compliant Rule 144 disclosure for an option exercise and proposed resale; it raises standard governance considerations but no material concerns.

Form 144 is procedural here: it notifies the market of a proposed resale following a stock option exercise paid in cash on the same date. The filer affirms absence of undisclosed material information, fulfilling standard certifications. No prior three-month sales were reported, reducing complexity for aggregation rules. There is no indication of coordinated insider selling or governance irregularities in the provided content.

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 does Perdoceo (PRDO) Form 144 report?

The Form 144 reports a proposed sale of 16,561 common shares on 08/25/2025 through Morgan Stanley Smith Barney LLC with aggregate market value of $554,982.30.

How were the PRDO shares acquired before the proposed sale?

The shares were acquired on 08/25/2025 via a stock option exercise from the issuer and paid for in cash.

Did the filer sell other PRDO securities in the past three months?

The filing states "Nothing to Report" for securities sold during the past three months.

Which broker will handle the planned sale of PRDO shares?

The sale is to be handled by Morgan Stanley Smith Barney LLC, with execution on NASDAQ.

Does the Form 144 indicate undisclosed material information about PRDO?

The filer affirms by signature that they do not know any undisclosed material adverse information regarding the issuer.
Perdoceo Education Corporation

NASDAQ:PRDO

PRDO Rankings

PRDO Latest News

PRDO Latest SEC Filings

PRDO Stock Data

1.91B
63.63M
6.86%
99.15%
2.73%
Education & Training Services
Services-educational Services
Link
United States
SCHAUMBURG