Form 4: Perdoceo Education Corp Executive Sells Shares Under 10b5-1 Trading Plan

Greg E. Jansen, SVP and General Counsel of Perdoceo Education Corp, sold 21,432 shares of common stock at an average price of $26.10, executed under a pre-arranged 10b5-1 trading plan.

Summary

• On April 10, 2025, Greg E. Jansen, SVP and General Counsel of Perdoceo Education Corp, sold 21,432 shares of common stock.
• The sale was executed at a weighted average price of $26.10 per share, with individual trades ranging from $25.42 to $26.45.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 15, 2024.
• Following the transaction, Jansen beneficially owns 126,513 shares, including 73,150 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. There's no indication of positive or negative implications for the company's performance.

Industry Context

This filing is a routine disclosure of an insider stock sale. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sale by an executive could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this.

Key Dates

Keywords

Form 4, SEC Filing, Perdoceo Education Corp, PRDO, Greg E. Jansen, Stock Sale, Rule 10b5-1, Insider Trading