Todd S. Nelson - 14 Mar 2026 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)

Role
President and CEO, Director
Signature
Todd S. Nelson by POA: Andrew Terry
Issuer symbol
PRDO
Transactions as of
14 Mar 2026
Net transactions value
-$1,791,510
Form type
4
Filing time
17 Mar 2026, 18:00:18 UTC
Previous filing
12 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
NELSON TODD S President and CEO, Director 1750 E. GOLF ROAD, SUITE 350, SCHAUMBURG Todd S. Nelson by POA: Andrew Terry 17 Mar 2026 0001237505

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRDO Common Stock Tax liability -10,333 -2.1% $35.78* 492,028 14 Mar 2026 Direct F1
transaction PRDO Common Stock Tax liability -7,687 -1.6% $35.78* 484,341 14 Mar 2026 Direct F1
transaction PRDO Common Stock Tax liability -7,073 -1.5% $35.78* 477,268 14 Mar 2026 Direct F1
transaction PRDO Common Stock Tax liability -4,801 -1% $35.78* 472,467 14 Mar 2026 Direct F1
transaction PRDO Common Stock Tax liability -61,893 -13% $35.78* 410,574 14 Mar 2026 Direct F1
transaction PRDO Common Stock Options Exercise +73,140 +18% $0.000000* 483,714 14 Mar 2026 Direct F2
transaction PRDO Common Stock Sale $1,394,400 -40,000 -8.3% $34.86 443,714 16 Mar 2026 Direct F3, F4
transaction PRDO Common Stock Sale $397,110 -11,346 -2.6% $35.00 432,368 17 Mar 2026 Direct F3, F5, F6
* 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 Reflects shares of common stock surrendered to Issuer to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
F2 Represents the vesting of performance-based restricted stock units ("PSUs") granted on March 7, 2023. The initial target grant of 73,140 PSUs was reported on the Reporting Person's Form 4 filed on March 9, 2023 (the "Original Form 4"), with the actual number of shares to be issued upon vesting ranging from 0-200% of the target grant amount based on the level of achievement of certain performance criteria. Based on the Issuer's level of achievement of the performance criteria, the PSUs vested at 200% of the target grant amount. As such, the additional PSUs not reported in the Original Form 4 are reported herein.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2025.
F4 This transaction was executed in multiple trades at prices ranging from $34.28 to $35.52. This price reported in Column 4 reflects the weighted average sale prices. The Reporting Person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction were effected.
F5 This transaction was executed in multiple trades at prices ranging from $34.78 to $35.27. This price reported in Column 4 reflects the weighted average sale prices. The Reporting Person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction were effected.
F6 Includes 297,899 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 Issuer's common stock.