Form 4: Perdoceo Education Corp Director Patrick W. Gross Acquires Shares

Director Patrick W. Gross of Perdoceo Education Corp purchased 3,400 shares of common stock at an average price of $26.74.

Summary

• Patrick W. Gross, a director at Perdoceo Education Corp, acquired 3,400 shares of common stock on November 18, 2024.
• The shares were purchased at a weighted average price of $26.74, with individual trades ranging from $26.73 to $26.76.
• Following the transaction, Mr. Gross beneficially owns a total of 69,635 shares of Perdoceo Education Corp.
• This total includes 14,619 vested deferred stock units and 6,256 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral transaction report, not indicative of positive or negative sentiment. It is a routine filing.

Positives

• The purchase of shares by a director may indicate confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The reported transaction is typical for directors and officers of public companies who are required to disclose their trades.
• Similar filings can be seen across the market for companies such as Apollo Education Group and Strategic Education, which are also in the education sector.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Perdoceo Education Corp, insider trading, stock purchase, Patrick W. Gross, director, share acquisition, common stock, SEC Form 4