HANSEN WILLIAM DEAN 4
Research Summary
AI-generated summary
Perdoceo (PRDO) Director William Hansen Receives 3,987-Share Award
What Happened
- William Dean Hansen, a director of Perdoceo Education Corp. (PRDO), was granted 3,987 restricted stock units (RSUs) on May 21, 2026. The units were granted at $0.00 (award), so no cash was exchanged. Per the filing, these RSUs are time‑based and vest on June 14, 2027.
Key Details
- Transaction date: 2026-05-21; Transaction code: A (award/grant).
- Shares/units granted: 3,987 RSUs; grant price reported as $0.00 (no cash paid).
- Vesting: These RSUs vest on June 14, 2027 (Footnote F1).
- Ownership note: Filing footnote indicates inclusion of 5,155 unvested RSUs previously granted under the 2016 Incentive Compensation Plan (Footnote F2).
- Filing timing: Form 4 was filed on 2026-05-26 for a 2026-05-21 transaction — five days later than the transaction date, which appears to exceed the typical two-business-day Form 4 reporting window.
Context
- RSUs are a form of equity compensation that convert into shares if and when they vest; they are not an open‑market purchase and do not by themselves signal immediate buying or selling intent. This grant is a compensation/long‑term incentive action rather than a market trade.
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