Perdoceo (PRDO) director exercises 21,129 stock options into common shares

Rhea-AI Filing Summary

Perdoceo Education director Dennis Chookaszian exercised stock options and increased his direct shareholdings. On March 12, 2026, he exercised 21,129 non-qualified options for common stock at an exercise price of $5.96 per share, receiving 21,129 common shares. Following the exercise, he directly holds 138,583 common shares and indirectly holds 7,000 shares through his spouse. In addition, his holdings include 14,619 vested deferred stock units granted under the 2008 Incentive Compensation Plan and 5,155 unvested restricted stock units under the 2016 Incentive Compensation Plan, each unit tied to one share of common stock upon termination or vesting.

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

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHOOKASZIAN DENNIS

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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	03/12/2026		M		21,129	A	$5.96	138,583(1)	D
Common Stock								7,000	I	By Spouse

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
Non-Qualified Option (right to buy)	$5.96	03/12/2026		M			21,129	06/14/2017	05/24/2026	Common Stock	21,129	$0	0	D

Explanation of Responses:

1. Includes 14,619 vested deferred stock unites granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of common stock upon Reporting Person's termination of service from Issuer. Also includes 5,155 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 upon vesting.

	Dennis Chookaszian by POA: Greg Jansen	03/16/2026
	** 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).
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FAQ

What did Perdoceo (PRDO) director Dennis Chookaszian report in this Form 4?

Dennis Chookaszian reported exercising 21,129 non-qualified stock options for Perdoceo common shares at an exercise price of $5.96 per share. The transaction reflects a derivative exercise, with no open-market sale reported in this filing, and increases his direct equity exposure.

How many Perdoceo (PRDO) shares does Dennis Chookaszian hold after the reported transactions?

After the reported transactions, Dennis Chookaszian directly holds 138,583 Perdoceo common shares. He also has 7,000 shares held indirectly through his spouse, giving him both direct and indirect ownership stakes in the company as disclosed in this Form 4.

What type of transaction is coded as M in this Perdoceo (PRDO) Form 4?

The M code in this Form 4 indicates an exercise or conversion of a derivative security. Here, it reflects the exercise of 21,129 non-qualified stock options into the same number of Perdoceo common shares at an exercise price of $5.96 per share.

Did Dennis Chookaszian sell any Perdoceo (PRDO) shares in this Form 4 filing?

This Form 4 does not report any open-market sales of Perdoceo shares by Dennis Chookaszian. It shows an exercise of 21,129 stock options into common stock, with post-transaction share counts but no sale transactions coded as sales in the summary data.

What deferred and restricted stock units does Dennis Chookaszian hold in Perdoceo (PRDO)?

He holds 14,619 vested deferred stock units granted under the 2008 Incentive Compensation Plan and 5,155 unvested restricted stock units under the 2016 Incentive Compensation Plan. Each unit represents the right to receive one Perdoceo common share upon termination or vesting, as applicable.

How many options did Dennis Chookaszian exercise in Perdoceo (PRDO) and at what price?

He exercised 21,129 non-qualified stock options for Perdoceo common stock. The options carried an exercise price of $5.96 per share, converting the derivative position into an equivalent number of common shares as disclosed in the Form 4 transactions.