Michele A. Peppers - Mar 14, 2024 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
Principal Accounting Officer
Signature
Michele A. Peppers by POA: Jeff Wigfield
Stock symbol
PRDO
Transactions as of
Mar 14, 2024
Transactions value $
-$61,826
Form type
4
Date filed
3/18/2024, 08:16 PM
Previous filing
Mar 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock -Tax liability -$6,903 -390 -0.53% $17.70 73,435 Mar 14, 2024 Direct F1
transaction PRDO Common Stock -Tax liability -$2,991 -169 -0.23% $17.70 73,266 Mar 14, 2024 Direct F1
transaction PRDO Common Stock -Tax liability -$9,717 -549 -0.75% $17.70 72,717 Mar 14, 2024 Direct F1
transaction PRDO Common Stock -Tax liability -$9,204 -520 -0.72% $17.70 72,197 Mar 14, 2024 Direct F1
transaction PRDO Common Stock -Tax liability -$2,478 -140 -0.19% $17.70 72,057 Mar 14, 2024 Direct F1
transaction PRDO Common Stock -Tax liability -$4,637 -262 -0.36% $17.70 71,795 Mar 14, 2024 Direct F1
transaction PRDO Common Stock -Tax liability -$25,895 -1,463 -2.04% $17.70 70,332 Mar 14, 2024 Direct F1, F2

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2 Includes 30,633 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the Compensation Plan, with each unit representing the contingent right to receive on share of Issuer's common stock.