Perdoceo (PRDO) general counsel sells 30,158 preplanned shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perdoceo Education Corp’s SVP and General Counsel, Greg E. Jansen, reported an open-market sale of 30,158 shares of common stock at $38.00 per share on April 6, 2026. After the transaction, he directly holds 82,970 common shares.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 7, 2025, indicating the trades were scheduled in advance. His holdings also include 59,841 unvested restricted stock units granted under the company’s 2016 Incentive Compensation Plan, each representing the right to receive one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,158 shares ($1,146,004)
Net Sell
1 txn
Insider
Jansen Greg E.
Role
SVP, General Counsel
Sold
30,158 shs ($1.15M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,158 | $38.00 | $1.15M |
Holdings After Transaction:
Common Stock — 82,970 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 7, 2025. Includes 59,841 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: 30,158 shares
Sale price: $38.00 per share
Shares held after: 82,970 shares
+2 more
5 metrics
Shares sold
30,158 shares
Open-market sale of common stock on April 6, 2026
Sale price
$38.00 per share
Price for the 30,158-share open-market sale
Shares held after
82,970 shares
Direct common stock ownership following the transaction
Unvested RSUs
59,841 units
Restricted stock units under 2016 Incentive Compensation Plan
10b5-1 plan adoption date
November 7, 2025
Date Jansen adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, restricted stock units, Incentive Compensation Plan, open-market sale
4 terms
Rule 10b5-1 trading plan financial
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"Includes 59,841 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.
Incentive Compensation Plan financial
"granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right"
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.
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.
FAQ
What insider transaction did PRDO’s Greg E. Jansen report?
Greg E. Jansen reported an open-market sale of 30,158 shares of Perdoceo Education common stock at $38.00 per share on April 6, 2026. This Form 4 filing details the transaction and his updated share ownership position after the sale.
What additional PRDO equity does Greg E. Jansen have through RSUs?
Beyond directly held shares, Greg E. Jansen has 59,841 unvested restricted stock units under Perdoceo’s 2016 Incentive Compensation Plan. Each RSU represents a contingent right to receive one share of common stock, subject to vesting and plan conditions.
What role does Greg E. Jansen hold at Perdoceo Education (PRDO)?
Greg E. Jansen is Perdoceo Education’s Senior Vice President and General Counsel. As a key executive officer, his equity transactions in company stock are reported on Form 4, providing public visibility into his ownership and trading activity.