Czeszewski David C. 4

What Happened David Czeszewski, Senior Vice President and Chief Investment Officer of Perdoceo Education Corp (PRDO), received two awards on March 10, 2026 totaling 8,394 restricted stock units (RSUs). The grants were reported at $0.00 per share (no cash paid at grant): 4,197 time‑based RSUs and 4,197 performance‑based RSUs (target). These are awards, not open‑market purchases or sales.

Key Details

• Transaction date: 2026-03-10; Filing date: 2026-03-12.
• Awards: 4,197 time‑based RSUs (F1) + 4,197 performance‑based RSUs (target) (F2) = 8,394 RSUs; grant price $0.00.
• Vesting: Time‑based RSUs vest in four equal installments on Mar 14 of 2027, 2028, 2029 and 2030 (F1). Performance RSUs vest on Mar 14, 2029 at target; actual payout may be 0–200% of target based on performance (F2).
• Shares owned after transaction: Not specified in the provided excerpt; filing notes inclusion of 47,435 unvested RSUs granted under the 2016 Incentive Compensation Plan (F3).
• Filing timeliness: Report filed two days after the transaction (filed Mar 12, 2026), so not indicated as late.

Context

• These are equity awards (A), common for executive compensation; they do not involve a cash purchase or sale and typically vest over time or on performance. Performance RSUs carry payout uncertainty (0–200% of target) depending on achievement of metrics. Awards increase potential future ownership if vesting and/or performance conditions are met, but do not guarantee immediate shares.