STOCK TITAN

Perdoceo Education (PRDO) SVP granted time- and performance-based RSUs

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

Rhea-AI Filing Summary

Leeman Julia A. reported acquisition or exercise transactions in this Form 4 filing.

Perdoceo Education senior vice president of campus operations Julia A. Leeman reported equity compensation awards in the form of restricted stock units tied to the company’s common stock. She received time-based units vesting annually from March 14, 2027 through 2030 and performance-based units targeted to vest on March 14, 2029, with the actual payout ranging from 0–200% of the target based on operating performance. Following these grants, she directly holds 34,097 common shares, including 22,782 unvested restricted stock units.

Positive

  • None.

Negative

  • None.
Insider Leeman Julia A.
Role SVP - Campus Operations
Type Security Shares Price Value
Grant/Award Common Stock 2,652 $0.00 --
Grant/Award Common Stock 1,768 $0.00 --
Holdings After Transaction: Common Stock — 32,329 shares (Direct)
Footnotes (1)
  1. 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. 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. Includes 22,782 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.
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*
Leeman Julia A.

(Last) (First) (Middle)
1750 E. GOLF ROAD

(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 - Campus Operations
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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 03/10/2026 A 2,652(1) A $0 32,329 D
Common Stock 03/10/2026 A 1,768(2) A $0 34,097(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
Explanation of Responses:
1. 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.
2. 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.
3. Includes 22,782 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.
Julia A. Leeman by POA: Andrew Terry 03/12/2026
** 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).
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.

FAQ

What insider transaction did Perdoceo Education (PRDO) report for Julia A. Leeman?

Perdoceo Education reported that SVP of Campus Operations Julia A. Leeman received equity compensation awards in the form of restricted stock units tied to common stock, classified as grant or award acquisitions rather than open-market purchases or sales, increasing her direct equity-based stake in the company.

How many Perdoceo Education (PRDO) shares does Julia A. Leeman hold after this Form 4?

After the reported equity grants, Julia A. Leeman directly holds 34,097 shares of Perdoceo Education common stock. This total includes both currently held shares and unvested restricted stock units that each represent a contingent right to receive one share when vesting conditions are satisfied.

What are the terms of the time-based restricted stock units granted to Julia A. Leeman at PRDO?

The time-based restricted stock units were granted under Perdoceo Education’s 2016 Incentive Compensation Plan. Each unit represents a contingent right to one common share and vests in four equal installments on March 14 of 2027, 2028, 2029 and 2030, subject to continued service conditions.

How do the performance-based restricted stock units for PRDO’s Julia A. Leeman vest?

The performance-based restricted stock units also come from the 2016 Incentive Compensation Plan, with each unit tied to one common share. They have a target amount scheduled to vest on March 14, 2029, but the actual shares issued can range from 0–200% of target, depending on operating criteria.

How many unvested restricted stock units does Julia A. Leeman now hold at Perdoceo Education (PRDO)?

The filing notes that Julia A. Leeman’s holdings include 22,782 unvested restricted stock units granted under Perdoceo Education’s 2016 Incentive Compensation Plan, each representing a contingent right to receive one share of common stock once the applicable vesting requirements are fully satisfied.

Were Julia A. Leeman’s PRDO awards open-market stock purchases or compensation grants?

The reported transactions are classified with code “A” as grant, award or other acquisition of common stock-linked units. Footnotes describe them as time-based and performance-based restricted stock units granted under the 2016 Incentive Compensation Plan, indicating compensation awards rather than open-market buying or selling activity.