Perdoceo (NASDAQ: PRDO) SVP granted time- and performance RSUs
Rhea-AI Filing Summary
PERDOCEO EDUCATION Corp SVP and CIO David C. Czeszewski reported two stock awards of 4,197 common shares each on March 10, 2026. The awards are structured as restricted stock units under the company’s 2016 Incentive Compensation Plan rather than open-market purchases.
One grant consists of time-based restricted stock units that vest in four equal installments on March 14 of 2027, 2028, 2029, and 2030. The other grant is performance-based, with a target of 4,197 units vesting on March 14, 2029, where the actual shares issued can range from 0–200% of target depending on operating metrics.
Following these acquisitions, Czeszewski directly holds 77,269 common shares, which include 47,435 unvested restricted stock units that each represent the contingent right to receive one share of Perdoceo’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,197 | $0.00 | -- |
| Grant/Award | Common Stock | 4,197 | $0.00 | -- |
Footnotes (1)
- Time-based 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. These units vest in four equal installments on each of March 14, 2027, 2028, 2029 and 2030. Performance-based 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. This amount represents the target number on the vesting date of March 14, 2029. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria. Includes 47,435 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.