Form 4: Perdoceo Education Corp CFO Ashish R. Ghia Executes Stock Sales Under 10b5-1 Plan

Ashish R. Ghia, CFO of Perdoceo Education Corp, reports the sale of common stock under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Ashish R. Ghia, the CFO of Perdoceo Education Corp, filed a Form 4 disclosing changes in beneficial ownership.
• On April 1, 2025, Ghia sold 11,912 shares of common stock at $26 per share and 23,765 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 204,477 shares of Perdoceo Education Corp.
• This total includes 121,215 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock sales under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

Executive stock sales are a common occurrence, and the use of 10b5-1 plans allows insiders to sell shares while avoiding accusations of trading on non-public information. Investors often monitor these filings for insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The stock sales may have a minor impact on shareholders due to the increased supply of shares in the market.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, Perdoceo Education Corp, Ashish R. Ghia, PRDO, Rule 10b5-1