[Form 4] Perdoceo Education Corporation Insider Trading Activity
Insider transaction disclosed: Perdoceo Education Corp insider Greg E. Jansen, SVP and General Counsel, sold 30,234 shares of common stock on 08/22/2025 at $33.00 per share under a Rule 10b5-1 trading plan adopted May 9, 2025. After the sale he is reported to beneficially own 96,279 shares, which include 73,150 unvested restricted stock units that represent contingent rights to receive shares under the companys 2016 Incentive Compensation Plan. The Form 4 was signed by POA on 08/25/2025 and notes the sale was executed pursuant to the pre-established trading plan.
- Transaction executed under a Rule 10b5-1 plan, indicating pre-scheduled trading and clearer compliance with insider trading rules
- Full disclosure filed on Form 4, providing transparency about insider transactions and remaining beneficial ownership
- Reported reduction in directly held shares due to the sale of 30,234 shares
- Majority of reported beneficial ownership consists of unvested RSUs (73,150), which are contingent and not immediately liquid
Insights
TL;DR: Routine Rule 10b5-1 sale by a senior officer; disclosure shows remaining holdings include significant unvested RSUs.
The reported sale of 30,234 shares at $33 each was executed under a documented 10b5-1 plan, which typically indicates pre-scheduled, non-discretionary trading rather than opportunistic insider selling. The filing reports total beneficial ownership of 96,279 shares, of which 73,150 are unvested restricted stock units. For investors, the key points are the trades adherence to a 10b5-1 plan and the concentration of remaining holdings in unvested equity rather than fully vested shares. This is a routine disclosure without additional context on timing or intent.
TL;DR: Compliance-focused disclosure; sale appears procedural under an established plan, and large RSU balance indicates continued alignment with compensation structure.
The Form 4 documents compliance with Section 16 reporting and Rule 10b5-1 conditions, reducing governance concerns about opportunistic trades. The presence of 73,150 unvested RSUs highlights that a majority of the reported beneficial position is contingent on vesting, which has governance implications for long-term alignment and potential dilution upon vesting. No amendments or other transactions are reported in this filing.