PERDOCEO EDUCATION Corp (PRDO) director sells 9,308 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PERDOCEO EDUCATION Corp director Kenda B. Gonzales exercised and sold shares of company stock. On 2026-06-04, she exercised options to acquire 9,308 shares of common stock at $7.22 per share and sold 9,308 shares at a weighted average of $34.79 per share, in multiple trades between $34.69 and $34.93. After these transactions, she directly owned 48,158 common shares, plus 5,155 unvested restricted stock units representing the right to receive additional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,308 shares ($323,825)
Net Sell
3 txns
Insider
GONZALES KENDA B
Role
null
Sold
9,308 shs ($324K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Option (right to buy) | 9,308 | $0.00 | -- |
| Exercise | Common Stock | 9,308 | $7.22 | $67K |
| Sale | Common Stock | 9,308 | $34.79 | $324K |
Holdings After Transaction:
Non-Qualified Option (right to buy) — 0 shares (Direct, null);
Common Stock — 57,466 shares (Direct, null)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $34.69 to $34.93. This price reported in Column 4 reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction were effected. Includes 5,155 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.
Key Figures
Shares sold: 9,308 shares
Weighted average sale price: $34.79 per share
Sale price range: $34.69–$34.93 per share
+4 more
7 metrics
Shares sold
9,308 shares
Common stock sold on 2026-06-04
Weighted average sale price
$34.79 per share
Open-market sale of 9,308 shares
Sale price range
$34.69–$34.93 per share
Multiple trades executing the 9,308-share sale
Options exercised
9,308 shares at $7.22
Non-qualified option exercise on 2026-06-04
Shares owned after
48,158 shares
Direct common stock holdings following transactions
Unvested RSUs
5,155 units
Contingent rights to receive common shares
Option expiration
2026-11-08
Expiration date of exercised non-qualified option
Key Terms
Non-Qualified Option (right to buy), restricted stock units, 2016 Incentive Compensation Plan, weighted average sale price, +1 more
5 terms
Non-Qualified Option (right to buy) financial
"security_title: "Non-Qualified Option (right to buy)""
restricted stock units financial
"Includes 5,155 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, with each unit representing the contingent right"
weighted average sale price financial
"This price reported in Column 4 reflects the weighted average sale price."
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for the option-related entries"
FAQ
What insider transaction did PERDOCEO EDUCATION Corp (PRDO) director Kenda B. Gonzales report?
Kenda B. Gonzales reported exercising stock options and selling common shares. She exercised 9,308 options at $7.22 per share and sold 9,308 common shares at a weighted average price of $34.79 on 2026-06-04.
What stock options did Kenda B. Gonzales exercise in this PERDOCEO EDUCATION Corp (PRDO) Form 4?
She exercised a non-qualified stock option for 9,308 underlying common shares. The option carried an exercise price of $7.22 per share and an expiration date of 2026-11-08, converting the option into common shares before the reported sale.
Were the PERDOCEO EDUCATION Corp (PRDO) sales by Kenda B. Gonzales executed in a single trade or multiple trades?
The sale was executed in multiple trades. The filing states the 9,308 shares were sold in transactions at prices ranging from $34.69 to $34.93, with the reported price of $34.79 reflecting the weighted average sale price.
What additional equity awards does Kenda B. Gonzales hold at PERDOCEO EDUCATION Corp (PRDO)?
In addition to common shares, she holds 5,155 unvested restricted stock units. Each unit, granted under the company’s 2016 Incentive Compensation Plan, represents a contingent right to receive one share of PERDOCEO EDUCATION Corp common stock upon vesting.