PERDOCEO (PRDO) SVP granted time- and performance-based RSUs in Form 4
Rhea-AI Filing Summary
Araamudhu Sunitha reported acquisition or exercise transactions in this Form 4 filing.
PERDOCEO EDUCATION Corp senior vice president Sunitha Araamudhu received new equity awards in the form of restricted stock units. On March 10, 2026, she was granted 7,549 time-based restricted stock units that vest in four equal installments on March 14 of 2027, 2028, 2029 and 2030. She also received 7,549 performance-based restricted stock units tied to operating targets, with a target vesting date of March 14, 2029; the actual shares issued can range from 0% to 200% of this target based on performance. Following these awards, her holdings include 49,989 unvested restricted stock units under the company’s 2016 Incentive Compensation Plan.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,549 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 7,549 | $0.00 | $0.00 |
Footnotes (3)
- F1. Time-based 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. These units vest in four equal installments on each of March 14, 2027, 2028, 2029 and 2030.
- F2. Performance-based 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. This amount represents the target number on the vesting date of March 14, 2029. The actual number of shares issued will range from 0-200% of target based on the level of achievement of certain operating criteria.
- F3. Includes 49,989 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.
FAQ
What equity awards did PERDOCEO (PRDO) SVP Sunitha Araamudhu receive?
How do the time-based restricted stock units for PRDO’s SVP vest?
How are PRDO performance-based restricted stock units for the SVP determined?
How many unvested restricted stock units does PRDO’s SVP hold after this Form 4?
Does the PRDO Form 4 show any stock sales by the SVP?
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