NELSON TODD S 4

What Happened Todd S. Nelson, President, CEO and a director of Perdoceo Education Corp (PRDO), sold a total of 84,387 shares in open-market transactions between March 23–25, 2026. The sales were: 40,000 shares on 2026-03-23 at a weighted average price of $35.24 (proceeds ~$1,409,600); 40,000 shares on 2026-03-24 at $36.48 (proceeds ~$1,459,200); and 4,387 shares on 2026-03-25 at $36.65 (proceeds ~$160,784). Aggregate proceeds across the three days were about $3,029,584. These were sales (not purchases) and are often routine monetization rather than a signal of insider confidence.

Key Details

• Transaction dates & reported weighted prices:
  • 2026-03-23: 40,000 shares @ $35.24 (range $34.51–$35.63; multiple trades) — F2
  • 2026-03-24: 40,000 shares @ $36.48 (range $35.48–$36.97; multiple trades) — F3
  • 2026-03-25: 4,387 shares @ $36.65 (range $36.32–$36.93; multiple trades) — F4
• Total sold: 84,387 shares for ~$3.03 million.
• Ownership after transaction: not fully specified in the data provided; filing notes holdings include 297,899 unvested restricted stock units (RSUs) — F5.
• Plan/footnotes: Sales were made pursuant to a Rule 10b5-1 trading plan adopted May 29, 2025 — F1. Weighted-average prices reflect multiple trades; detailed breakdowns are available upon request per the filer.
• Timeliness: Report filed 2026-03-25 for trades from 2026-03-23 to 03-25; the filing appears timely.

Context

• Because these sales were executed under a pre-established 10b5-1 plan, they were likely scheduled in advance and do not necessarily reflect the insider's current view on the company. For retail investors, purchases by insiders tend to be more informative than routine sales; treat scheduled insider sales as liquidity actions unless accompanied by other material signals.