Welcome to our dedicated page for Perdoceo Education Corporation SEC filings (Ticker: PRDO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Perdoceo Education Corporation filings document a postsecondary education company reporting through academic institutions such as CTU, AIUS and USAHS. Form 8-K disclosures furnish press releases on quarterly and annual results, outlook updates, segment revenue, enrollment measures and capital-allocation actions including dividends and share repurchase authorizations.
Proxy and governance filings cover board matters, shareholder voting items, executive compensation and equity-award information. Other current reports address compensatory arrangements, including annual incentive plan terms tied to adjusted operating income and individual performance goals, providing formal disclosure of governance and pay practices for the company’s senior leadership structure.
NELSON TODD S reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education President and CEO Todd S. Nelson reported equity grants of common-stock-based awards under the company’s 2016 Incentive Compensation Plan. He received two grants of 49,157 units each, one time-based and one performance-based, for a total of 98,314 restricted stock units.
The time-based units vest in four equal installments on March 14, 2027, 2028, 2029 and 2030. The performance-based units have a target vesting date of March 14, 2029, with actual shares earned ranging from 0–200% of target based on operating goals. After these awards, Nelson is shown with 502,361 common shares, including 442,162 unvested restricted stock units.
Ghia Ashish R reported acquisition or exercise transactions in this Form 4 filing.
PERDOCEO EDUCATION Corp CFO Ashish R. Ghia reported equity awards of restricted stock units tied to the company’s common stock. He received 19,252 time-based restricted stock units under the 2016 Incentive Compensation Plan, vesting in four equal installments on March 14 of 2027, 2028, 2029 and 2030.
He also received 19,252 performance-based restricted stock units, with a target number scheduled to vest on March 14, 2029, where the actual shares issued can range from 0–200% of target based on operating criteria. After these awards, he directly holds 196,136 shares, including 159,719 unvested restricted stock units.
Baskel Elise reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education Corp senior vice president Elise Baskel reported receiving equity awards in the form of restricted stock units. On March 10, 2026, she was granted 7,822 time-based restricted stock units and 7,822 performance-based restricted stock units, each representing the right to receive one share of common stock.
The time-based units vest in four equal installments on March 14, 2027, 2028, 2029 and 2030. The performance-based units have a target vesting on March 14, 2029, with the actual shares issued ranging from 0–200% of target based on specified operating criteria. Following these grants, her holdings include 87,786 unvested restricted stock units under the company’s 2016 Incentive Compensation Plan.
Peppers Michele A reported acquisition or exercise transactions in this Form 4 filing.
Perdoceo Education Corp reported that Principal Accounting Officer Michele A. Peppers received equity compensation in the form of restricted stock units. On March 10, 2026 she was granted 3,365 time-based restricted stock units and 2,243 performance-based restricted stock units at no cash cost. The time-based units vest in four equal installments on March 14 of 2027, 2028, 2029 and 2030. The performance-based units have a target vesting on March 14, 2029, with the actual shares delivered ranging from 0% to 200% of target based on specified operating criteria. Following these awards, she directly holds 51,484 common shares, which include 30,227 unvested restricted stock units granted under the company’s 2016 Incentive Compensation Plan.
PERDOCEO EDUCATION Corp SVP and CIO David C. Czeszewski reported two stock awards of 4,197 common shares each on March 10, 2026. The awards are structured as restricted stock units under the company’s 2016 Incentive Compensation Plan rather than open-market purchases.
One grant consists of time-based restricted stock units that vest in four equal installments on March 14 of 2027, 2028, 2029, and 2030. The other grant is performance-based, with a target of 4,197 units vesting on March 14, 2029, where the actual shares issued can range from 0–200% of target depending on operating metrics.
Following these acquisitions, Czeszewski directly holds 77,269 common shares, which include 47,435 unvested restricted stock units that each represent the contingent right to receive one share of Perdoceo’s common stock.
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.
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.
Morgan Stanley Smith Barney LLC Executive Financial Services reported an intended resale of 36,225 common shares on a Form 144. The filing lists an aggregate offering price of $1,188,319.35 and total shares outstanding of 62,478,373 as of 02/25/2026. The securities listed include restricted stock, performance shares, and a stock option exercise, with examples shown such as 12,972 shares from a stock option exercise and 9,502 performance shares.
Perdoceo Education Corporation files its annual report outlining its 2025 operations, enrollment profile, and regulatory environment. The company serves approximately 44,400 students as of December 31, 2025, up from 41,380 a year earlier, with about 91% enrolled in fully online programs.
Most students are over age 30 and concentrated in business studies, with 66% in business, 12% in information technology, and 22% in health education. Bachelor’s degrees account for 63% of enrollments, with 22% in master’s and doctoral programs. CTU, AIUS, and USAHS emphasize non-traditional adult learners, military students, and employer-supported education, with 38.3% of CTU and 7.5% of AIUS enrollments coming through employer engagements.
The filing highlights extensive use of data analytics, mobile apps, and AI-enabled virtual assistants to support recruitment, advising, and retention. It also details heavy regulatory oversight, including accreditation status, state authorization, expanded 90-10 revenue rules, changes to federal loan limits and Grad PLUS under the Reconciliation Act, and new Department of Education certification and accountability initiatives that could affect borrowing capacity and program eligibility.
Perdoceo Education Corporation reported strong growth for 2025 and issued higher 2026 guidance. Full-year 2025 revenue rose 24.2% to $846.1 million, with operating income up 12.5% to $196.0 million. Earnings per diluted share increased to $2.42 from $2.19, and adjusted earnings per diluted share grew to $2.61 from $2.26.
Fourth-quarter 2025 revenue grew 20.0% to $211.6 million, while EPS improved to $0.54 and adjusted EPS to $0.59. Total student enrollments reached 44,400 at December 31, 2025, up 7.3% year over year.
Perdoceo ended 2025 with $643.5 million in cash, cash equivalents, restricted cash and short-term investments and generated $225.2 million of operating cash flow. The company repurchased 4.1 million shares for $120.8 million and the board declared a quarterly dividend of $0.15 per share. For 2026, Perdoceo projects EPS of $2.78–$2.93 and adjusted EPS of $2.97–$3.12, assuming stable student demand and no major regulatory disruptions.