Form 4: Perdoceo Education Corp Executive Czeszewski Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
David C. Czeszewski, SVP and CIO of Perdoceo Education Corp, disposed of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 14, 2024, David C. Czeszewski, SVP and CIO of Perdoceo Education Corp, disposed of shares of common stock to satisfy tax withholding obligations.
- The transactions involved the disposal of 301, 422, 169, 852, 666, and 3,938 shares at a price of $17.7 per share.
- Following these transactions, Czeszewski directly owns 97,267 shares of Perdoceo Education Corp, which includes 50,010 unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/14/2024 | Date of the transactions involving the disposal of common stock. |
| 03/18/2024 | Date of signature on the Form 4 filing. |
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