Perdoceo (PRDO) SVP exercises PSUs and uses shares to cover taxes

Rhea-AI Filing Summary

Perdoceo Education Corp SVP Sunitha Araamudhu reported compensation-related stock activity, not open‑market trading. On March 14, 2026, she exercised 5,336 performance-based restricted stock units (PSUs) into common stock, as shown by a code M transaction.

The filing also reports four code F transactions totaling 7,068 shares of common stock surrendered back to the company to satisfy tax withholding obligations tied to the vesting of restricted stock units. Footnotes state the PSUs, granted on March 7, 2023, vested at 200% of their initial 5,336‑unit target based on performance, and that her holdings include 38,988 unvested restricted stock units under the 2016 Incentive Compensation Plan.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Araamudhu Sunitha

Role SVP - AIUS

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	839	$35.78	$30K
Tax Withholding	Common Stock	666	$35.78	$24K
Tax Withholding	Common Stock	862	$35.78	$31K
Tax Withholding	Common Stock	4,701	$35.78	$168K
Exercise	Common Stock	5,336	$0.00	--

Holdings After Transaction: Common Stock — 49,150 shares (Direct)

Footnotes (1)

1. Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units. Represents the vesting of performance-based restricted stock units ("PSUs") granted on March 7, 2023. The initial target grant of 5,336 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. Includes 38,988 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Araamudhu Sunitha

(Last) (First) (Middle)

1750 E. GOLF ROAD

STE. 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 - AIUS

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		839(1)	D	$35.78	49,150	D
Common Stock	03/14/2026		F		666(1)	D	$35.78	48,484	D
Common Stock	03/14/2026		F		862(1)	D	$35.78	47,622	D
Common Stock	03/14/2026		F		4,701(1)	D	$35.78	42,921	D
Common Stock	03/14/2026		M		5,336(2)	A	$0	48,257(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 5,336 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 38,988 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.

	Sunitha Araamudhu 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.
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FAQ

What did PRDO executive Sunitha Araamudhu report in this Form 4?

The Form 4 shows Sunitha Araamudhu, an SVP at Perdoceo Education Corp (PRDO), exercised performance-based restricted stock units and surrendered shares for taxes. All reported disposals were for tax withholding, not open-market stock sales.

How many PRDO shares were surrendered for taxes in the latest Form 4?

The filing reports that 7,068 shares of Perdoceo Education Corp common stock were surrendered to the issuer to satisfy tax withholding obligations associated with vesting restricted stock units, reflected across four separate code F transactions.

What performance-based stock units vested for PRDO SVP Sunitha Araamudhu?

The Form 4 notes the vesting of performance-based restricted stock units (PSUs) granted on March 7, 2023. The initial 5,336 PSU target vested at 200% of target based on Perdoceo Education Corp’s performance criteria, increasing the actual shares delivered.

Does the PRDO Form 4 show open-market stock sales by the SVP?

The reported dispositions are all code F tax-withholding entries, meaning shares were surrendered to Perdoceo Education Corp to cover tax liabilities. The filing does not report any open-market sales or purchases of PRDO common stock.

What ongoing equity awards does PRDO SVP Sunitha Araamudhu still hold?

A footnote explains that her position includes 38,988 unvested restricted stock units granted under Perdoceo Education Corp’s 2016 Incentive Compensation Plan. Each unit represents a contingent right to receive one share of PRDO common stock upon vesting.

How many PSUs did Sunitha Araamudhu exercise into PRDO common stock?

One transaction shows the exercise of 5,336 performance-based restricted stock units into Perdoceo Education Corp common stock via a code M entry. These units relate to PSUs granted in 2023 that vested based on the issuer’s performance criteria.