Form 4: Perdoceo Education Corp: Principal Accounting Officer Sells Shares Under 10b5-1 Plan

Michele A. Peppers, Principal Accounting Officer of Perdoceo Education Corp, sold 13,091 shares of common stock at $30 per share on May 2, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 2, 2025, Michele A. Peppers, the Principal Accounting Officer of Perdoceo Education Corp, sold 13,091 shares of common stock.
• The sale was executed at a price of $30 per share.
• This transaction was conducted under a Rule 10b5-1 trading plan adopted on December 11, 2024.
• Following the transaction, Peppers directly owns 49,914 shares, which includes 24,619 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 is no indication of positive or negative implications for the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It is 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 a company officer could have a minor negative impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Perdoceo Education Corp, PRDO, Michele A. Peppers, Principal Accounting Officer, Stock Sale, Rule 10b5-1 Trading Plan, Insider Trading