Perdoceo SVP sells 36,225 shares after option exercise

Perdoceo Education senior vice president and CIO David C. Czeszewski exercised 12,972 stock options and sold a total of 36,225 shares of common stock.

Rhea-AI Filing Summary

Perdoceo Education senior vice president and CIO David C. Czeszewski exercised 12,972 stock options and sold a total of 36,225 shares of common stock. The sales occurred at weighted average prices of about $32.81 and $32.80, with individual trades ranging roughly from the low $32 to the low $33 range.

The options exercised were originally granted in 2018 and vested between 2019 and 2022. After these transactions, Czeszewski directly owns 68,875 shares of common stock and holds 39,041 unvested restricted stock units, each representing one future share, along with a one-share correction to previously reported ownership.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Czeszewski David C.

Role SVP, CIO

Sold 36,225 shs ($1.19M)

Approx. gross sale proceeds $1.19M

Approx. exercise cost $179K

Type	Security	Shares	Price	Value
Exercise	Non-Qualified Option (right to buy)	12,972	$0.00	$0.00
Sale	Common Stock	23,253	$32.81	$763K
Exercise	Common Stock	12,972	$13.80	$179K
Sale	Common Stock	12,972	$32.80	$425K

Holdings After Transaction: Non-Qualified Option (right to buy) — 0 contracts (Direct); Common Stock — 68,875 shares (Direct)

Footnotes (4)

1. F1. This transaction was executed in multiple trades at prices ranging from $32.20 to $33.29. 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.
2. F2. This transaction was executed in multiple trades at prices ranging from $32.28 to $33.17. 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.
3. F3. Includes 39,041 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. This Form 4 also corrects an administrative error in the Form 4 filed on June 17, 2025, which overstated the Reporting Person's beneficial ownership by one (1) share of Common Stock. This amendment corrects the total number of shares beneficially owned following the reported transactions to reflect the accurate amount.
4. F4. On March 6, 2018 the Reporting Person was granted 12,972 non-qualified stock options. The option grant vested in four installments on March 14, 2019, 2020, 2021 and 2022.

FAQ

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What insider transactions did PRDO executive David C. Czeszewski report?

David C. Czeszewski reported exercising 12,972 stock options and selling 36,225 shares of Perdoceo Education common stock. The reported sales used weighted average prices around the low-$33 to low-$32 range, based on multiple trades executed within those price bands.

At what prices did PRDO insider David C. Czeszewski sell common stock?

Czeszewski reported two blocks of open-market sales at weighted average prices of $32.81 and $32.80 per PRDO share. Footnotes state the underlying trades occurred in ranges from $32.20 to $33.29 and from $32.28 to $33.17, respectively, across multiple executions.

How many PRDO shares does David C. Czeszewski own after these transactions?

After the reported transactions, Czeszewski directly owns 68,875 shares of Perdoceo Education common stock. He also holds 39,041 unvested restricted stock units, each representing the contingent right to receive one share, as clarified in the accompanying ownership footnote.

What stock options did PRDO executive David C. Czeszewski exercise?

Czeszewski exercised 12,972 non-qualified stock options originally granted on March 6, 2018. According to the footnotes, this option grant vested in four installments on March 14 of 2019, 2020, 2021, and 2022 before being fully exercised in this Form 4 filing.

Did this PRDO Form 4 include any corrections to prior ownership reports?

Yes. A footnote explains this Form 4 corrects an administrative error in a June 17, 2025 filing that overstated Czeszewski’s beneficial ownership by one share. The amendment updates the total shares beneficially owned following the reported transactions to reflect the accurate amount.

What types of equity awards does PRDO executive David C. Czeszewski hold?

Czeszewski holds directly owned common stock and unvested restricted stock units. The filing notes 39,041 unvested restricted stock units granted under Perdoceo’s 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of common stock at vesting.

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Accepted by SEC EDGAR 02/27/2026 - 06:00 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Czeszewski David C.

(Last) (First) (Middle)

1750 E. GOLF ROAD

SUITE 350

(Street)

SCHAUMBURG IL 60173

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PERDOCEO EDUCATION Corp [ PRDO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CIO

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/25/2026		S		23,253	D	$32.81(1)	68,875	D
Common Stock	02/25/2026		M		12,972	A	$13.8	81,847	D
Common Stock	02/25/2026		S		12,972	D	$32.8(2)	68,875(3)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Non-Qualified Option (right to buy)	$13.8	02/25/2026		M			12,972	(4)	03/06/2028	Common Stock	12,972	$0	0	D

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $32.20 to $33.29. 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.

2. This transaction was executed in multiple trades at prices ranging from $32.28 to $33.17. 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.

3. Includes 39,041 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. This Form 4 also corrects an administrative error in the Form 4 filed on June 17, 2025, which overstated the Reporting Person's beneficial ownership by one (1) share of Common Stock. This amendment corrects the total number of shares beneficially owned following the reported transactions to reflect the accurate amount.

4. On March 6, 2018 the Reporting Person was granted 12,972 non-qualified stock options. The option grant vested in four installments on March 14, 2019, 2020, 2021 and 2022.

	Andrew Terry by POA: David Czeszewski	02/27/2026
	** Signature of Reporting Person	Date
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).
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