Perdoceo Education (PRDO) chairman exercises options, sells 11,271 shares
Rhea-AI Filing Summary
PERDOCEO EDUCATION Corp director and Chairman Gregory L. Jackson exercised options for 11,271 shares of common stock on August 11, 2026 at an exercise price of $9.69 per share. On the same date, he sold 11,271 common shares at a weighted average price of $31.78 per share in multiple trades between $31.20 and $32.00. He continues to hold equity awards, including 14,619 vested deferred stock units and 3,987 unvested restricted stock units, each representing the right to receive one share of common stock upon the specified service or vesting conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 11,271 shares ($249K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Jackson Gregory L.
Role
Director
Sold
11,271 shs ($358K)
Approx. gross sale proceeds
$358K
Approx. exercise cost
$109K
Approx. pre-tax spread
$249K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Option (right to buy) | 11,271 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,271 | $9.69 | $109K |
| Sale | Common Stock F1, F2 | 11,271 | $31.78 | $358K |
Holdings After Transaction:
Non-Qualified Option (right to buy) — 0 shares (Direct);
Common Stock — 64,949 shares (Direct)
Footnotes (2)
- F1. This transaction was executed in multiple trades at prices ranging from $31.20 to $32.00. This price reported in Column 4 reflects the weighted average sale prices. 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.
- 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 3,987 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
Options exercised: 11,271 shares
Option exercise price: $9.69 per share
Shares sold: 11,271 shares
+4 more
7 metrics
Options exercised
11,271 shares
Non-Qualified Option exercised into common stock on August 11, 2026
Option exercise price
$9.69 per share
Exercise price of Non-Qualified Option for 11,271 shares
Shares sold
11,271 shares
Common stock sold on August 11, 2026 following option exercise
Weighted average sale price
$31.78 per share
Weighted average of multiple sale trades between $31.20 and $32.00
Vested deferred stock units
14,619 units
Each vested unit represents right to one share upon termination of service
Unvested restricted stock units
3,987 units
Each unvested unit represents contingent right to one share upon vesting
Option expiration date
May 23, 2027
Expiration of Non-Qualified Option originally exercisable from June 14, 2018
Key Terms
Non-Qualified Option (right to buy), deferred stock units, restricted stock units, weighted average sale prices
4 terms
Non-Qualified Option (right to buy) financial
"Security title listed as "Non-Qualified Option (right to buy)" for the derivative"
deferred stock units financial
"Includes 14,619 vested deferred stock units granted pursuant to Issuer's 2008 Incentive"
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.
restricted stock units financial
"Also includes 3,987 unvested restricted stock units granted pursuant to Issuer's 2016"
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.
weighted average sale prices financial
"This price reported in Column 4 reflects the weighted average sale prices."
FAQ
What did PERDOCEO EDUCATION (PRDO) director Gregory L. Jackson report in this Form 4?
Gregory L. Jackson exercised options for 11,271 shares of PERDOCEO EDUCATION common stock at $9.69 per share and sold 11,271 shares at a weighted average price of $31.78 on August 11, 2026.
What options did Gregory L. Jackson exercise in the PRDO Form 4 filing?
He exercised a Non-Qualified Option for 11,271 shares of PERDOCEO EDUCATION common stock at an exercise price of $9.69 per share. The option was originally exercisable from June 14, 2018 and expires on May 23, 2027.
Does Gregory L. Jackson still hold equity awards in PERDOCEO EDUCATION (PRDO) after this transaction?
Yes. His holdings include 14,619 vested deferred stock units and 3,987 unvested restricted stock units, each unit representing the right or contingent right to receive one share of PERDOCEO EDUCATION common stock.
Was the PRDO insider sale by Gregory L. Jackson executed in a single trade or multiple trades?
The sale was executed in multiple trades at prices ranging from $31.20 to $32.00 per share. The reported $31.78 price is the weighted average of those sale transactions.
What role does Gregory L. Jackson hold at PERDOCEO EDUCATION (PRDO)?
Gregory L. Jackson is reported as a director of PERDOCEO EDUCATION Corp and is also identified as the company’s Chairman, as disclosed in the ownership information of this Form 4 filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
