Key facts
- This page summarizes Andrew Hurst's Form 4 filing for PERDOCEO EDUCATION Corp (PRDO).
- 10 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 22 Aug 2023, 16:15.
Andrew Hurst - 21 Aug 2023 Form 4 Insider Report for PERDOCEO EDUCATION Corp (PRDO)
- Reporting relationship
- President & CEO, Director
- Issuer ticker
- PRDO
- Reported as of
- 21 Aug 2023
- Net transaction value
- -$173,642
- SEC form
- 4
- Accepted by SEC
- 22 Aug 2023, 16:15:26 UTC
- Prior SEC filing
- 21 Aug 2023
- Source filing
- View source filing
- Reporting owner signature
- Andrew H Hurst by POA: Jeff Wigfield
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Andrew Hurst filed Form 4 for PERDOCEO EDUCATION Corp (PRDO) on 22 Aug 2023.
Change
- Previous filing in this sequence was filed on 21 Aug 2023.
- Current net transaction value: -$173,642.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PRDO
transaction
Common Stock
Options Exercise
- Transaction value
- $37,500
- Shares
- +7,500
- Change %
- +2.1%
- Price
- $5.00
- Shares after
- 360,141
- Date
- 21 Aug 2023
- Ownership
- Direct
PRDO
transaction
Common Stock
Options Exercise
- Transaction value
- $44,250
- Shares
- +7,500
- Change %
- +2.1%
- Price
- $5.90
- Shares after
- 367,641
- Date
- 21 Aug 2023
- Ownership
- Direct
PRDO
transaction
Common Stock
Sale
- Transaction value
- $239,700
- Shares
- -15,000
- Change %
- -4.1%
- Price
- $15.98
- Shares after
- 352,641
- Date
- 21 Aug 2023
- Ownership
- Direct
- Footnotes
- F1
PRDO
transaction
Common Stock
Options Exercise
- Transaction value
- $1,530
- Shares
- +306
- Change %
- +0.09%
- Price
- $5.00
- Shares after
- 352,947
- Date
- 22 Aug 2023
- Ownership
- Direct
PRDO
transaction
Common Stock
Options Exercise
- Transaction value
- $7,104
- Shares
- +1,204
- Change %
- +0.34%
- Price
- $5.90
- Shares after
- 354,151
- Date
- 22 Aug 2023
- Ownership
- Direct
PRDO
transaction
Common Stock
Sale
- Transaction value
- $24,326
- Shares
- -1,510
- Change %
- -0.43%
- Price
- $16.11
- Shares after
- 352,641
- Date
- 22 Aug 2023
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PRDO
transaction
Derivative
Non-Qualified Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -7,500
- Change %
- -96%
- Price
- $0.000000
- Shares after
- 306
- Date
- 21 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,500
- Exercise price
- $5.00
- Footnotes
- F3
PRDO
transaction
Derivative
Non-Qualified Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -7,500
- Change %
- -86%
- Price
- $0.000000
- Shares after
- 1,204
- Date
- 21 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,500
- Exercise price
- $5.90
- Footnotes
- F4
PRDO
transaction
Derivative
Non-Qualified Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -306
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 22 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 306
- Exercise price
- $5.00
- Footnotes
- F3
PRDO
transaction
Derivative
Non-Qualified Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -1,204
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 22 Aug 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,204
- Exercise price
- $5.90
- Footnotes
- F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 4 footnotes
Footnote F1
This transaction was executed in multiple trades at prices ranging from $15.81 to $16.20. The price reported in Column 4 reflects the weighted average purchase price. 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 transactions were effected.
Footnote F2
Includes 215,280 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.
Footnote F3
On May 12, 2014 the Reporting Person was granted 22,806 non-qualified stock options. The option grant vested in four installments on June 14, 2015, 2016, 2017 and 2018.
Footnote F4
On March 6, 2015 the Reporting Person was granted 23,704 non-qualified stock options. The option grant vested in four installments on March 14, 2016, 2017, 2018 and 2019.
SEC remarks
The option exercise and sale reported on the Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 9, 2023.