Form 4: Perdoceo Education Corp: Principal Accounting Officer Michele A. Peppers Reports Stock Sales
SEC Form 4 Filing
Michele A. Peppers, Principal Accounting Officer of Perdoceo Education Corp, reports the sale of common stock on September 10 and 11, 2024.
Summary
- Michele A. Peppers, the Principal Accounting Officer of Perdoceo Education Corp, filed a Form 4 detailing changes in beneficial ownership.
- On September 10, 2024, Peppers sold 6,476 shares of common stock at a weighted average price of $21.00.
- Following this transaction, Peppers directly owned 61,952 shares.
- On September 11, 2024, Peppers sold 6,024 shares of common stock at a price of $20.98.
- Following this transaction, Peppers directly owned 55,928 shares.
- The reported holdings include 30,633 unvested restricted stock units granted pursuant to the Issuer's 2016 Incentive Compensation Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock sales by an officer, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily indicate a broader trend within the education industry.
Stakeholder Impact
- The stock sales by a company officer could be perceived negatively by some shareholders, although it's a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 09/10/2024 | Sale of 6,476 shares of common stock at a weighted average price of $21.00 |
| 09/11/2024 | Sale of 6,024 shares of common stock at $20.98 per share |
| 09/12/2024 | Date of Form 4 signature |
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