Ashish R. Ghia - Apr 26, 2024 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
CFO
Signature
Ashish R. Ghia by POA: Jeff Wigfield
Stock symbol
PRDO
Transactions as of
Apr 26, 2024
Transactions value $
-$216,828
Form type
4
Date filed
4/30/2024, 04:15 PM
Previous filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Sale -$217K -11.4K -4.8% $19.00 226K Apr 26, 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Includes 142,972 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.