Jackson Gregory L. 4

What Happened

• Gregory L. Jackson, Chairman and a director of Perdoceo Education Corp (PRDO), received a grant of 3,987 restricted stock units (RSUs) on 2026-05-21. The units were granted at $0.00 (no cash paid) and represent the contingent right to receive one share of common stock per unit. These RSUs vest on June 14, 2027. This is an equity award (compensation), not a purchase or sale.

Key Details

• Transaction date: 2026-05-21 (reported on Form 4 filed 2026-05-26). Transaction code: A (award/grant).
• Grant: 3,987 RSUs @ $0.00 (no purchase price).
• Vesting: New RSUs vest on 2027-06-14 (see footnote F1).
• Reported holdings after grant: 14,619 vested deferred stock units (payable on termination) + 5,155 previously granted unvested RSUs + 3,987 newly granted RSUs = 23,761 units total (each unit represents one share upon payout/vesting) (see footnote F2).
• Filing timeliness: The Form 4 was filed 2026-05-26 for a 2026-05-21 grant — this appears to be later than the typical two-business-day Form 4 filing deadline.

Context

• RSUs are a form of compensation that convert to shares only upon vesting (or in some cases upon termination); they do not represent immediately tradeable shares. Vested deferred stock units noted in the filing are payable upon the reporting person’s termination of service and likewise are not currently tradable stock.
• Because this was a compensation award (not an open-market purchase or sale), it should be viewed as part of executive pay rather than a direct signal of the insider buying or selling shares.