Perdoceo Education (PRDO) CFO sells 11,089 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Perdoceo Education Corp CFO Ashish R. Ghia reported an open-market sale of 11,089 shares of common stock at $37.00 per share. After this transaction, he directly holds 144,602 shares of the company’s stock. The filing notes the sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 13, 2025, indicating the trade was scheduled in advance. Footnotes also state that his holdings include 108,185 unvested restricted stock units, each representing the right to receive one share of common stock in the future.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,089 shares ($410,293)
Net Sell
1 txn
Insider
Ghia Ashish R
Role
CFO
Sold
11,089 shs ($410K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,089 | $37.00 | $410K |
Holdings After Transaction:
Common Stock — 144,602 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 13, 2025. Includes 108,185 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.
FAQ
What insider transaction did Perdoceo Education (PRDO) report for its CFO?
Perdoceo Education’s CFO Ashish R. Ghia reported an open-market sale of 11,089 shares of common stock at $37.00 per share. This Form 4 filing reflects a planned disposition rather than a new purchase of company stock.
Was the Perdoceo (PRDO) CFO’s stock sale made under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted on November 13, 2025. Such plans schedule trades in advance, reducing the significance of short-term market timing decisions by the insider.
Does the Perdoceo (PRDO) CFO hold any unvested restricted stock units?
Yes. Footnotes explain that CFO Ashish R. Ghia holds 108,185 unvested restricted stock units granted under the 2016 Incentive Compensation Plan. Each unit represents a contingent right to receive one share of Perdoceo common stock upon vesting.
Is the reported Perdoceo (PRDO) insider transaction a buy or a sell?
The transaction is a sell. The Form 4 identifies it as an open-market sale of 11,089 shares of Perdoceo common stock, coded as an “S” transaction and classified as a net-sell event in the filing’s transaction summary.