Form 4: Perdoceo Education Corp CFO Ashish R. Ghia Executes Stock Sales Under 10b5-1 Plan
SEC Form 4 Filing
Ashish R. Ghia, CFO of Perdoceo Education Corp, reports the sale of common stock under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 26, 2025, Ashish R. Ghia sold 11,914 shares of Perdoceo Education Corp common stock at a price of $25.5 per share.
- On March 28, 2025, Ghia sold an additional 62 shares at $25.75 per share.
- These sales were executed under a Rule 10b5-1 trading plan adopted on November 15, 2024.
- Following these transactions, Ghia directly owns 240,154 shares of common stock, which includes 121,215 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine stock sales under a pre-arranged plan. There is no indication of positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of insider stock sales. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The impact on the stock price is usually minimal unless the sales are unusually large or frequent.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of adoption of Rule 10b5-1 trading plan |
| 03/26/2025 | Date of first stock sale: 11,914 shares at $25.5 |
| 03/28/2025 | Date of second stock sale: 62 shares at $25.75 |
Keywords
Form 4, Perdoceo Education Corp, Ashish R. Ghia, Stock Sale, Rule 10b5-1, Insider Trading, PRDO, CFO
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