[Form 4] PERDOCEO EDUCATION Corp Insider Trading Activity

Rhea-AI Filing Summary

Elise Baskel, an officer (SVP, CTU) and director-level reporting person at PERDOCEO EDUCATION Corp (PRDO), sold 21,212 shares on 09/12/2025 at a price of $35 per share. The Form 4 states the sale was effected under a Rule 10b5-1 trading plan adopted May 15, 2025. Following the reported transaction, the filing shows 72,142 shares described as unvested restricted stock units (RSUs) that represent contingent rights to receive common stock; those RSUs are reported as beneficially owned. The Form 4 was signed by power of attorney Greg Jansen on 09/16/2025. The filing discloses the trade mechanics and remaining unvested equity but provides no additional commentary on vesting schedule or total vested holdings.

Positive

• Sale executed under a Rule 10b5-1 plan, indicating the transaction was pre-planned and reduces potential questions about opportunistic timing
• Disclosure of unvested RSUs (72,142), providing transparency about the nature of remaining beneficial ownership

Negative

• Insider disposition of 21,212 shares reduces the reporting person’s direct shareholdings
• Filing does not disclose vested share count or total pre-sale holdings, limiting ability to assess overall insider exposure

Insights

Corporate Governance Expert

TL;DR: Insider sale used a pre-established Rule 10b5-1 plan; remaining holdings are primarily unvested RSUs.

The Form 4 documents a routine insider disposition of 21,212 shares at $35 under a Rule 10b5-1 plan adopted May 15, 2025, which indicates the sale was pre-scheduled rather than opportunistic. The filing clearly identifies the reporting person as an officer and lists 72,142 unvested RSUs as beneficially owned following the sale. From a governance perspective, the key disclosures are present: transaction date, price, plan reliance, and the nature of remaining equity. The form does not provide vesting dates or total vested share count, limiting assessment of the reporting person's remaining economic exposure.

Securities Analyst

TL;DR: Material details of the trade are disclosed; absence of vested-holdings data constrains valuation impact analysis.

The report specifies a sale of 21,212 common shares at $35 on 09/12/2025 executed under a Rule 10b5-1 plan, which is standard for planned insider sales. It also discloses 72,142 unvested restricted stock units as contingent rights to common shares. The filing lacks information on vested shares, total pre-sale holdings, or the economic value of remaining vested equity, so the direct impact on issuer capitalization or insider ownership percentage cannot be determined from this document alone.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Baskel Elise

(Last) (First) (Middle)

1750 E. GOLF ROAD

SUITE 350

(Street)

SCHAUMBURG IL 60173

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PERDOCEO EDUCATION Corp [ PRDO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CTU

3. Date of Earliest Transaction (Month/Day/Year)
09/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/12/2025		S		21,212(1)	D	$35	72,142(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 15, 2025.

2. Includes 72,142 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.

	Elise Baskel by POA: Greg Jansen	09/16/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Elise Baskel report on Form 4 for PRDO?

The Form 4 reports a sale of 21,212 shares on 09/12/2025 at $35 per share, executed under a Rule 10b5-1 trading plan.

How many unvested restricted stock units does the filing show for PRDO (reporting person)?

The filing shows 72,142 unvested restricted stock units, each representing the contingent right to receive one share of common stock.

When was the Rule 10b5-1 plan referenced in the Form 4 adopted?

The Form 4 states the Rule 10b5-1 trading plan was adopted on May 15, 2025.

Who signed the Form 4 for Elise Baskel and when?

The Form 4 was signed by power of attorney Greg Jansen on 09/16/2025.

Does the Form 4 disclose vesting dates or total vested shares?

No. The filing discloses unvested RSUs but does not provide vesting dates or the count of vested shares or total pre-sale holdings.