STOCK TITAN
  1. Home
  2. Sec-filings
  3. PRDO
  4. [Form 4] PERDOCEO EDUCATION Corp Insider Trading Activity

Perdoceo Education (PRDO) director awarded 3,987 restricted stock units in 2026 plan grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Thornton Leslie T reported acquisition or exercise transactions in this Form 4 filing.

Perdoceo Education director Leslie T. Thornton received a new equity award in the form of restricted stock units. The Form 4 shows a grant of 3,987 shares of common stock-equivalent units at no cash cost as compensation, increasing her directly held equity-linked interest to 65,148 units and shares.

The new time-based restricted stock units were granted under the company’s 2026 Long-Term Incentive Plan and will vest on June 14, 2027, if service conditions are met. Footnotes indicate this total includes 14,619 vested deferred stock units and 5,155 unvested restricted stock units from prior compensation plans.

Positive

  • None.

Negative

  • None.
Insider Thornton Leslie T
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,987 $0.00 --
Holdings After Transaction: Common Stock — 65,148 shares (Direct, null)
Footnotes (1)
  1. 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. 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.
Restricted stock units granted 3,987 units Time-based RSUs granted on May 21, 2026
Grant price $0.00 per unit Equity compensation, not a market purchase
Total holdings after grant 65,148 shares/units Direct ownership following reported transaction
Vested deferred stock units 14,619 units Granted under 2008 Incentive Compensation Plan
Unvested restricted stock units 5,155 units Granted under 2016 Incentive Compensation Plan
Vesting date of new RSUs June 14, 2027 Time-based vesting under 2026 Long-Term Incentive Plan
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 2008 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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Thornton Leslie T
(Last)(First)(Middle)
1750 E. GOLF ROAD
SUITE 350
(Street)
SCHAUMBURG ILLINOIS 60173
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PERDOCEO EDUCATION Corp [ PRDO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A3,987(1)A$065,148(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
Leslie T. Thornton by POA: Andrew Terry05/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Perdoceo Education (PRDO) director Leslie T. Thornton report on this Form 4?

Leslie T. Thornton reported receiving 3,987 restricted stock units as equity compensation. These units represent the right to receive an equivalent number of Perdoceo Education common shares, subject to vesting conditions set under the company’s long-term incentive plan.

Is the PRDO Form 4 transaction an open-market stock purchase or sale?

The PRDO Form 4 reflects an equity grant, not an open-market trade. Thornton received 3,987 restricted stock units at a price of $0.00 per unit as part of compensation, so no cash was paid or received in the market for this transaction.

When do Leslie T. Thornton’s newly granted PRDO restricted stock units vest?

The newly granted restricted stock units vest on June 14, 2027. Vesting means she will receive Perdoceo Education common shares at that date if the time-based service conditions specified in the 2026 Long-Term Incentive Plan are satisfied.

How many PRDO shares and units does Leslie T. Thornton hold after this Form 4?

After the reported grant, Thornton holds 65,148 shares and units directly. This total includes the new 3,987 restricted stock units plus previously granted vested deferred stock units and unvested restricted stock units from earlier incentive compensation plans.

What other equity awards are included in Leslie T. Thornton’s PRDO holdings?

Her holdings include 14,619 vested deferred stock units from the 2008 Incentive Compensation Plan and 5,155 unvested restricted stock units from the 2016 Incentive Compensation Plan. Each unit represents the right to receive one share of Perdoceo Education common stock upon the applicable settlement or vesting event.