Form 4: Perdoceo Education Corp CFO Ashish R. Ghia Reports Stock Transactions

Ashish R. Ghia, CFO of Perdoceo Education Corp, reports the disposition of shares to cover tax obligations and the vesting of performance-based restricted stock units.

Summary

• On March 14, 2025, Ashish R. Ghia, CFO of Perdoceo Education Corp, reported transactions involving common stock.
• A total of 35,946 shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units at a price of $24.6 per share.
• Additionally, 30,512 performance-based restricted stock units (PSUs) vested, which were granted on March 8, 2022.
• The PSUs vested at 200% of the target due to the issuer's achievement of certain performance criteria.
• Following these transactions, Ghia beneficially owns 252,130 shares of common stock, including 121,215 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to executive compensation. The vesting of PSUs at 200% is a slightly positive indicator of company performance.

Positives

• The vesting of performance-based restricted stock units at 200% suggests the company achieved its performance targets.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates activity by the CFO of Perdoceo Education Corp.

Stakeholder Impact

• The vesting of PSUs and subsequent tax-related sales may have a minor impact on shareholders due to the increased number of shares in the market.

Key Dates