GONZALES KENDA B 4
Research Summary
AI-generated summary
Perdoceo Education (PRDO) Director Kenda B. Gonzales Receives Award
What Happened
Kenda B. Gonzales, a director of Perdoceo Education Corp (PRDO), received an award of 3,987 restricted stock units (RSUs) on 2026-05-21. The Form 4 reports these as an award/acquisition (code A) with an acquisition price of $0 (typical for RSU grants). The RSUs represent a contingent right to receive one share per unit when they vest.
Key Details
- Transaction date: 2026-05-21; filing date: 2026-05-26.
- Security: 3,987 time-based restricted stock units (RSUs) granted; acquisition price reported as $0.
- Vesting: These RSUs vest on June 14, 2027 (see footnote F1).
- Prior unvested RSUs: Footnote F2 notes 5,155 unvested RSUs from a 2016 plan are included in the filing. If combined with the new grant, that would equal 9,142 unvested RSUs.
- Shares owned after transaction: not specified in the provided filing details.
- Timeliness: The Form 4 was filed 5 days after the transaction (filed 2026-05-26 for a 2026-05-21 transaction); Form 4s are generally due within 2 business days, so this may indicate a late filing.
Context
RSU grants are a form of compensation, not an open‑market purchase or sale, and typically vest over time. These awards do not by themselves indicate immediate buying or selling intent. The new units vest on 2027-06-14; until they vest and are settled, they remain unvested compensation subject to forfeiture or plan terms.
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