Perdoceo (PRDO) SVP reports RSU vesting, surrenders shares for taxes

Rhea-AI Filing Summary

Perdoceo Education senior vice president Elise Baskel reported equity compensation activity involving company common stock. On March 14, 2026, performance-based restricted stock units granted on March 7, 2023 vested at 200% of the 16,838-share target, reflecting achievement of specified performance criteria.

In connection with this vesting and other restricted stock unit vestings, a total of 21,334 shares of common stock were surrendered back to the company at $35.78 per share to satisfy tax withholding obligations, recorded in five separate F-code transactions. These are tax-related dispositions, not open-market sales. After the transactions, Baskel directly holds 66,452 shares of common stock, which include 55,982 unvested restricted stock units that can convert into shares in the future if vesting conditions are met.

Insights

Equity compensation analyst

Routine equity vesting with tax withholding; no open-market trades.

The activity reflects standard equity compensation mechanics at Perdoceo Education. Elise Baskel’s performance-based RSUs vested at 200% of the 16,838-share target grant, indicating that the company’s performance metrics for this award were fully met under the plan’s terms.

The five F-code transactions totaling 21,334 shares at $35.78 per share are shares withheld or surrendered to cover tax obligations, not discretionary market sales. Baskel’s direct holdings after these entries are 66,452 common shares, including 55,982 unvested RSUs, so the reported dispositions are small relative to her total equity exposure.

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
Estimated average burden
hours per response:			0.5

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^*

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)
03/14/2026

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	03/14/2026		F		2,221(1)	D	$35.78	85,565	D
Common Stock	03/14/2026		F		1,822(1)	D	$35.78	83,743	D
Common Stock	03/14/2026		F		1,459(1)	D	$35.78	82,284	D
Common Stock	03/14/2026		F		956(1)	D	$35.78	81,328	D
Common Stock	03/14/2026		F		14,876(1)	D	$35.78	66,452	D
Common Stock	03/14/2026		M		16,838(2)	A	$0	83,290(3)	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. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

2. Represents the vesting of performance-based restricted stock units ("PSUs") granted on March 7, 2023. The initial target grant of 16,838 PSUs was reported on the Reporting Person's Form 4 filed on March 9, 2023 (the "Original Form 4"), with the actual number of shares to be issued upon vesting ranging from 0-200% of the target grant amount based on the level of achievement of certain performance criteria. Based on the Issuer's level of achievement of the performance criteria, the PSUs vested at 200% of the target grant amount. As such, the additional PSUs not reported in the Original Form 4 are reported herein.

3. Includes 55,982 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: Andrew Terry	03/17/2026
	** 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).
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 Perdoceo Education (PRDO) executive Elise Baskel report in this Form 4?

Elise Baskel reported vesting of performance-based restricted stock units and related tax withholding transactions. The award vested at 200% of a 16,838-share target, and shares were surrendered back to the company to cover tax obligations, with no open-market stock sales disclosed.

How many Perdoceo Education shares were used for tax withholding in Baskel’s Form 4?

The filing shows 21,334 common shares were surrendered or withheld for taxes across five F-code transactions at $35.78 per share. These entries reflect payment of tax liabilities tied to restricted stock unit vesting, rather than discretionary open-market sales of Perdoceo Education stock.

What performance outcome did Elise Baskel’s Perdoceo Education PSUs achieve?

The performance-based restricted stock units granted on March 7, 2023 vested at 200% of the initial 16,838-share target. This means the number of shares issued on vesting was doubled relative to target, based on the company’s achievement of the award’s specified performance criteria.

How many Perdoceo Education shares does Elise Baskel hold after these transactions?

After the reported entries, Elise Baskel directly holds 66,452 shares of Perdoceo Education common stock. This figure includes 55,982 unvested restricted stock units, each representing a contingent right to receive one share if future vesting conditions are satisfied under the company’s compensation plan.

Were there any open-market purchases or sales in this Perdoceo Education Form 4?

No open-market purchases or sales are reported. The filing consists of one M-code derivative exercise related to performance units vesting, and five F-code transactions where shares were surrendered to satisfy tax withholding obligations, all at $35.78 per share, rather than discretionary trading activity.

What does the M-code transaction in Elise Baskel’s Perdoceo Education filing represent?

The M-code transaction records the exercise or settlement of 16,838 performance-based restricted stock units into common shares. This reflects equity compensation vesting, not a market purchase. The number of vested shares was determined by performance criteria, which were achieved at 200% of the original target.