Perdoceo SVP reports PSU vesting, tax share surrender
Perdoceo Education senior vice president and general counsel Greg E. Jansen reported equity compensation activity in company common stock.
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Rhea-AI Filing Summary
Perdoceo Education senior vice president and general counsel Greg E. Jansen reported equity compensation activity in company common stock. On March 14, 2026, performance-based restricted stock units granted on March 7, 2023 vested at 200% of the 16,914-share target, resulting in additional shares being issued.
In connection with this vesting, Jansen surrendered an aggregate 19,025 shares back to the company at $35.78 per share to cover tax withholding obligations, a non-market “F” code disposition. After these transactions, he directly holds 96,214 shares of common stock and still has 59,841 unvested restricted stock units outstanding.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,060 | $35.78 | $74K |
| Exercise Price or Tax Liability | Common Stock | 1,598 | $35.78 | $57K |
| Exercise Price or Tax Liability | Common Stock | 1,275 | $35.78 | $46K |
| Exercise Price or Tax Liability | Common Stock | 846 | $35.78 | $30K |
| Exercise Price or Tax Liability | Common Stock | 13,246 | $35.78 | $474K |
| Exercise | Common Stock | 16,914 | $0.00 | $0.00 |
Footnotes (3)
- F1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F2. Represents the vesting of performance-based restricted stock units ("PSUs") granted on March 7, 2023. The initial target grant of 16,914 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.
- F3. Includes 59,841 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.
FAQ
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What did Perdoceo Education (PRDO) disclose about Greg Jansen’s March 2026 Form 4?
What performance-based equity award vested for Greg Jansen at Perdoceo Education (PRDO)?
Does Greg Jansen still hold unvested equity awards in Perdoceo Education (PRDO)?
Were Greg Jansen’s Perdoceo Education (PRDO) Form 4 transactions open-market sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.