Leeman Julia A. 4
Research Summary
AI-generated summary
PERDOCEO (PRDO) SVP Julia A. Leeman Sells 11,315 Shares
What Happened Julia A. Leeman, Senior Vice President — Campus Operations at PERDOCEO EDUCATION Corp (PRDO), sold 11,315 shares in an open-market sale on May 12, 2026. The weighted-average sale price reported was $35.51, for total proceeds of about $401,796. This is a sale (disposition), which is commonly routine insider selling and not in itself evidence of company prospects.
Key Details
- Transaction date: May 12, 2026 (reported on Form 4 filed May 13, 2026).
- Shares sold: 11,315; weighted-average price: $35.51; proceeds ≈ $401,796.
- Price range: trades were executed at prices ranging from $35.19 to $35.66 (footnote F1); the $35.51 figure is the weighted average.
- Shares owned after transaction: not specified in the excerpt provided in this summary (full Form 4 may show post-transaction holdings).
- Footnote F2: filing notes inclusion of 15,590 unvested restricted stock units (RSUs) granted under the issuer’s 2016 Incentive Compensation Plan; each RSU represents the contingent right to one share.
- Filing timeliness: the Form 4 was filed one day after the transaction—appears timely (no late filing flag in the provided data).
Context
- This was an outright sale, not an options exercise, gift, or award. There is no indication in the provided excerpt of a 10b5-1 trading plan or tax-withholding sale mechanics.
- For retail investors: insider sales are common and can reflect many non-public factors (diversification, tax planning, liquidity needs). Purchases generally carry more signal for conviction than routine sales. If you want the full ownership picture or trade-by-trade details, consult the complete Form 4 filing (Accession No. 0001193125-26-222091) for the issuer.