[144] Perdoceo Education Corporation SEC Filing
Perdoceo Education Corporation (PRDO) filing notifies a proposed sale under Rule 144 of 4,568 common shares acquired by stock option exercise on 08/27/2025 and to be sold the same date through Morgan Stanley Smith Barney LLC on the NASDAQ. The filing shows the aggregate market value of the shares offered at $148,460 and lists total outstanding common shares as 64,953,379. It also discloses a prior sale by the same person of 16,561 shares on 08/25/2025 with gross proceeds of $554,982.30. The filer certifies no undisclosed material adverse information and includes broker and payment details.
- None.
- None.
Insights
TL;DR: Routine insider sale of option-exercised shares; transaction size is immaterial relative to outstanding shares.
The notice reports a planned sale of 4,568 common shares acquired by exercise on 08/27/2025, to be sold the same day through Morgan Stanley Smith Barney LLC on NASDAQ for an aggregate market value of $148,460. With 64,953,379 shares outstanding, the offered shares represent a de minimis fraction of the float, indicating limited market impact. The filing also records a recent 16,561-share sale on 08/25/2025, suggesting ongoing liquidity events by the same seller. No earnings or operational data are disclosed here; this is a disclosure of intent to sell under Rule 144.
TL;DR: Form 144 appears complete for the described transactions and includes the required broker and payment information.
The form documents acquisition by option exercise and cash payment, lists the broker's name and address, and records a prior sale within three months including gross proceeds, satisfying core Rule 144 disclosure elements. The filer affirms absence of undisclosed material adverse information, which is a standard certification. From a compliance perspective, the filing presents the necessary details for public notice; there are no explicit regulatory issues or exceptions identified in the content provided.