Perdoceo (PRDO) accounting officer sells 14,000 shares at $34.50
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perdoceo Education Corp’s Principal Accounting Officer, Michele A. Peppers, sold 14,000 shares of common stock in an open‑market transaction at $34.50 per share. The trade was reported as a direct ownership sale.
After the transaction, Peppers directly holds 35,748 shares of Perdoceo common stock. This total includes 20,435 unvested restricted stock units granted under the company’s 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 14,000 shares ($483,000)
Net Sell
1 txn
Insider
Peppers Michele A
Role
Principal Accounting Officer
Sold
14,000 shs ($483K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 14,000 | $34.50 | $483K |
Holdings After Transaction:
Common Stock — 35,748 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 14,000 shares
Sale price: $34.50 per share
Shares held after transaction: 35,748 shares
+1 more
4 metrics
Shares sold
14,000 shares
Open-market sale of Perdoceo common stock
Sale price
$34.50 per share
Price for the 14,000-share open-market sale
Shares held after transaction
35,748 shares
Direct holdings following the reported sale
Unvested restricted stock units
20,435 units
Granted under 2016 Incentive Compensation Plan
Key Terms
open-market sale, restricted stock units, 2016 Incentive Compensation Plan, Principal Accounting Officer
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"Includes 20,435 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2016 Incentive Compensation Plan financial
"granted pursuant to Issuer's 2016 Incentive Compensation Plan"
Principal Accounting Officer financial
"officer_title: "Principal Accounting Officer""
The Principal Accounting Officer is the person responsible for making sure a company's financial records are accurate and follow the rules. They play a key role in preparing financial reports that show how well the company is doing. This helps investors, managers, and regulators trust the company's financial information.
FAQ
What insider transaction did Perdoceo Education (PRDO) report for Michele A. Peppers?
Perdoceo Education reported that Principal Accounting Officer Michele A. Peppers sold 14,000 shares of common stock in an open‑market transaction at $34.50 per share. The sale was recorded as a direct ownership transaction on the reported trade date.
How many unvested restricted stock units does Michele A. Peppers have at Perdoceo (PRDO)?
Michele A. Peppers has 20,435 unvested restricted stock units at Perdoceo. Each unit was granted under the company’s 2016 Incentive Compensation Plan and represents a contingent right to receive one share of common stock upon vesting.
What is Michele A. Peppers’ role at Perdoceo Education (PRDO)?
Michele A. Peppers serves as Perdoceo Education’s Principal Accounting Officer. This officer role is identified in the Form 4 filing that reported her open‑market sale of 14,000 shares of the company’s common stock.