Perdoceo (PRDO) CFO sells 33,271 shares, retains 155,691 including RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perdoceo Education Corp CFO Ashish R. Ghia reported selling a total of 33,271 shares of common stock in open-market transactions. The trades on March 18, 2026, involved 11,090 shares at a weighted average price of $35.07 and 22,181 shares at $35.09, executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 13, 2025. Following these sales, he directly holds 155,691 shares of Perdoceo common stock, which includes 108,185 unvested restricted stock units that each represent the contingent right to receive one share.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 33,271 shares ($1,167,258)
Net Sell
2 txns
Insider
Ghia Ashish R
Role
CFO
Sold
33,271 shs ($1.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,090 | $35.07 | $389K |
| Sale | Common Stock | 22,181 | $35.09 | $778K |
Holdings After Transaction:
Common Stock — 177,872 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 13, 2025. This transaction was executed in multiple trades at prices ranging from $34.62 to $35.31. 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. This transaction was executed in multiple trades at prices ranging from $34.85 to $35.29. This price reported in Column 4 reflects the weighted average purchase 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. Includes 108,185 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 insider transaction did Perdoceo Education (PRDO) report for its CFO?
Perdoceo Education reported that CFO Ashish R. Ghia sold 33,271 shares of common stock in open-market transactions. The sales were disclosed on a Form 4 and provide detail on trade dates, prices, and resulting ownership levels after the transactions.
What does the Form 4 say about the CFO’s unvested Perdoceo (PRDO) restricted stock units?
The filing notes the CFO’s holdings include 108,185 unvested restricted stock units. Each unit represents a contingent right to receive one share of Perdoceo common stock under the company’s 2016 Incentive Compensation Plan, separate from already-vested shares.