Director at Perdoceo (PRDO) receives 3,987 restricted stock units
Rhea-AI Filing Summary
CHOOKASZIAN DENNIS reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education director Dennis Chookaszian reported a new equity grant. He received 3,987 shares of common stock in the form of time-based restricted stock units under the company's 2026 Long-Term Incentive Plan, at a grant price of $0 per share.
Each unit represents the right to receive one share of common stock and vests on June 14, 2027, making this a compensation-related award rather than an open-market purchase. After this grant, he directly holds 142,570 shares, which include vested deferred stock units and unvested restricted stock units, and he also has 7,000 shares held indirectly through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,987 shares
Net Buy
2 txns
Insider
CHOOKASZIAN DENNIS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,987 | $0.00 | $0.00 |
| holding | Common Stok | -- | -- | -- |
Holdings After Transaction:
Common Stock — 142,570 shares (Direct);
Common Stok — 7,000 shares (Indirect, By Spouse)
Footnotes (2)
- F1. Time-based restricted stock units granted pursuant to Issuer's 2026 Long-Term Incentive Plan, with each unit representing the contingent right to receive one share of Issuer's common stock. These units vest on June 14, 2027.
- F2. Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan, with each unit representing the right to receive one share of common stock upon Reporting Person's termination of service from Issuer. Also 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 upon vesting.
Key Figures
RSU grant size: 3,987 shares
Grant price: $0.0000 per share
Vesting date: June 14, 2027
+4 more
7 metrics
RSU grant size
3,987 shares
Time-based restricted stock units granted to director
Grant price
$0.0000 per share
Restricted stock unit award price
Vesting date
June 14, 2027
RSUs vest under 2026 Long-Term Incentive Plan
Direct holdings after grant
142,570 shares
Total Perdoceo common stock directly held post-transaction
Indirect holdings by spouse
7,000 shares
Perdoceo common stock held indirectly through spouse
Vested deferred stock units
14,619 units
Deferred stock units deliverable upon termination of service
Unvested restricted stock units
5,155 units
Unvested RSUs under 2016 Incentive Compensation Plan
Key Terms
restricted stock units, deferred stock units, Long-Term Incentive Plan, Incentive Compensation Plan
4 terms
restricted stock units financial
"Time-based restricted stock units granted pursuant to Issuer's 2026 Long-Term Incentive 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.
deferred stock units financial
"Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive Compensation Plan"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Long-Term Incentive Plan financial
"Time-based restricted stock units granted pursuant to Issuer's 2026 Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
Incentive Compensation Plan financial
"granted pursuant to Issuer's 2016 Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Perdoceo (PRDO) director Dennis Chookaszian report on this Form 4?
Dennis Chookaszian reported receiving an equity grant of 3,987 restricted stock units. These units are a stock-based compensation award, not an open-market share purchase, and each unit represents the right to receive one share of Perdoceo common stock upon vesting.
When do Dennis Chookaszian’s new Perdoceo (PRDO) restricted stock units vest?
The 3,987 restricted stock units vest on June 14, 2027. Vesting means the director gains the right to receive one share of Perdoceo common stock for each unit, assuming continued service and satisfaction of any plan conditions through that date.