Araamudhu Sunitha 4

What Happened

• Araamudhu Sunitha, Senior Vice President — AIUS at Perdoceo Education (PRDO), received two awards on 2026-03-10: two grants of 7,549 restricted stock units (RSUs) each, for a total of 15,098 RSUs. The reported acquisition price is $0.00 per share (awards; no cash paid).

Key Details

• Transaction date and code: 2026-03-10, Award/Grant (code A).
• Shares and price: 7,549 RSUs + 7,549 RSUs = 15,098 RSUs; $0.00 per unit at grant.
• Vesting and performance notes:
  • Time-based RSUs (F1) vest in four equal installments on March 14 of 2027, 2028, 2029 and 2030.
  • Performance-based RSUs (F2) are reported at target (vesting date March 14, 2029); actual payout may range from 0–200% of target based on operating criteria.
  • Filing also notes (F3) inclusion of 49,989 unvested RSUs (per the plan).
• Shares owned after transaction: the Form 4 does not list a total beneficial ownership number; it does note 49,989 unvested RSUs included as referenced above.
• Filing timeliness: Transaction reported on a Form 4 filed 2026-03-12 for a 2026-03-10 grant — appears to be filed within the standard two-business-day window.

Context

• These are restricted stock unit awards (each unit represents a contingent right to one share if and when vested). Awards are a form of compensation rather than an open-market purchase or sale and do not by themselves indicate an insider buying or selling stock. Performance RSUs payout depends on future metrics; time-based RSUs vest over multiple years.