Form 4: PERDOCEO CFO Sells Shares Under 10b5-1 Plan

PERDOCEO EDUCATION Corp's CFO, Ashish R. Ghia, sold 33,271 shares of common stock on March 18, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Ashish R. Ghia, Chief Financial Officer (CFO) of PERDOCEO EDUCATION Corp (PRDO), reported sales of common stock.
• On March 18, 2026, Ghia sold 11,090 shares of common stock at a weighted average price of $35.07 per share.
• On the same date, Ghia sold an additional 22,181 shares of common stock at a weighted average price of $35.09 per share.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Ghia on November 13, 2025.
• Following these transactions, Ghia beneficially owns 155,691 shares of common stock.
• The beneficial ownership includes 108,185 unvested restricted stock units granted under the Issuer's 2016 Incentive Compensation Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. Sales executed under a pre-arranged 10b5-1 plan are typically scheduled in advance and do not necessarily reflect a change in the insider's immediate outlook on the company's performance.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those executed under Rule 10b5-1 plans, are common in the public markets. These plans allow insiders to sell a predetermined number of shares at a predetermined time or price, providing an affirmative defense against insider trading allegations. Such sales are generally viewed as less indicative of management's sentiment about the company's future prospects compared to open market, unplanned sales.

Key Dates

Recommendation

The reported transactions are routine sales by a corporate officer under a pre-established 10b5-1 trading plan. These types of sales are generally not considered a strong indicator of future company performance or a change in management's sentiment, thus warranting a 'hold' recommendation based solely on this filing.

Keywords

PERDOCEO EDUCATION Corp, PRDO, Ashish R. Ghia, CFO, Insider Trading, Form 4, 10b5-1 Plan, Stock Sale, Common Stock