Form 4: Perdoceo Education Corp: SVP Campus Operations, Julia A. Leeman, Reports Changes in Beneficial Ownership
SEC Form 4
Julia A. Leeman, SVP Campus Operations at Perdoceo Education Corp, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On March 6, 2025, Julia A. Leeman, SVP Campus Operations at Perdoceo Education Corp, reported changes in beneficial ownership.
- She acquired 3,058 shares of common stock and disposed of an unspecified amount at $0.
- She also acquired 2,039 performance-based restricted stock units, also at $0.
- Following these transactions, Leeman beneficially owns 33,733 shares, including 27,659 unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The actual number of shares issued for performance-based restricted stock units will range from 0-200% of target based on the level of achievement of certain operating criteria on the vesting date of March 14, 2028.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's a standard practice for publicly traded companies.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of earliest transaction |
| 03/10/2025 | Date of signature |
| 03/14/2026 | First vesting date for time-based restricted stock units |
| 03/14/2027 | Second vesting date for time-based restricted stock units |
| 03/14/2028 | Third vesting date for time-based restricted stock units and vesting date for performance-based restricted stock units |
| 03/14/2029 | Fourth vesting date for time-based restricted stock units |
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