Perdoceo (NASDAQ: PRDO) grants 18,960 shares to its general counsel
Rhea-AI Filing Summary
Jansen Greg E. reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education Corp senior vice president and general counsel Greg E. Jansen received equity awards tied to the company’s common stock. On March 10, 2026, he was granted two awards of 9,480 units each at no cash cost.
One grant consists of time-based restricted stock units that vest in four equal installments on March 14, 2027, 2028, 2029 and 2030, each unit representing the right to receive one share. The other is a performance-based restricted stock unit award with a target of 9,480 shares scheduled for March 14, 2029, with the actual shares issued ranging from 0–200% of target based on operating criteria.
Following these awards, Jansen holds 115,239 shares of common stock directly, which includes 92,110 unvested restricted stock units under the company’s 2016 Incentive Compensation Plan, indicating these are compensation-related grants rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,480 | $0.00 | -- |
| Grant/Award | Common Stock | 9,480 | $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 92,110 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.