GONZALES KENDA B 4

What Happened Kenda B. Gonzales, a director of Perdoceo Education Corp. (PRDO), exercised 9,308 derivative awards at $7.22 per share (total cost $67,204) on 2026-06-04 and sold the same 9,308 shares in the open market the same day for a weighted-average price of $34.79 per share (gross proceeds $323,825). The combined activity is effectively a cashless exercise and sale, producing roughly $256,621 in proceeds above the exercise cost (before fees and taxes). The filing was submitted the next day and is not marked as late.

Key Details

• Transaction date: 2026-06-04 (Form 4 filed 2026-06-05).
• Exercise: 9,308 shares at $7.22 each — cost $67,204.
• Sale: 9,308 shares sold at a weighted-average price of $34.79 — gross proceeds $323,825.
• Footnote F1: Sale executed in multiple trades at prices ranging $34.69–$34.93; weighted average reported.
• Footnote F2: Filing notes there are 5,155 unvested restricted stock units (RSUs) under the 2016 Incentive Compensation Plan included in holdings reporting.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context This is a routine insider action where options were exercised and the resulting shares were immediately sold (cashless exercise). Such transactions realize the option value for the insider and do not by themselves signal the insider’s future view of the company; purchases generally carry more weight as a bullish sign. The filing appears timely (next-day filing).