John Robert Kline - Nov 15, 2024 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
SVP, AIU
Signature
John Robert Kline by POA: Jeff Wigfield
Stock symbol
PRDO
Transactions as of
Nov 15, 2024
Transactions value $
-$809,294
Form type
4
Date filed
11/19/2024, 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 -$809K -30.6K -18.99% $26.47 130K Nov 15, 2024 Direct F1, F2
* 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 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 5, 2024.
F2 Includes 92,586 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 the Issuer's common stock.