Perdoceo (PRDO) CEO Todd S. Nelson Sells 46,199 Shares

What Happened
Todd S. Nelson, President & CEO and a director of Perdoceo Education Corp (PRDO), sold 46,199 shares on September 15, 2026. The weighted-average sale price was $32.89, generating proceeds of approximately $1,519,485. The sales were executed in multiple trades at prices ranging from $32.34 to $33.13 and were made pursuant to a Rule 10b5-1 trading plan adopted May 14, 2026.

Key Details

• Transaction date: 2026-09-15
• Transaction type/code: Open-market sale (S)
• Shares sold: 46,199
• Price: weighted avg $32.89; trade range $32.34–$33.13 (per-footnote)
• Proceeds: $1,519,485 (approx.)
• Plan/footnotes: Sale effected under a 10b5-1 plan adopted May 14, 2026 (F1). Multiple trades; detailed per-trade prices available on request (F2).
• Holdings after transaction: Filing notes inclusion of 297,899 unvested restricted stock units (RSUs) (F3); the filing excerpt provided does not state the exact post-sale common-share total.
• Filing timeliness: Report filed 2026-09-17 for a 2026-09-15 transaction — within the usual two-business-day Form 4 window (timely).

Context
This was a sale under a pre-established 10b5-1 plan, which is commonly used by insiders to sell shares on a preset schedule and is typically viewed as routine rather than a contemporaneous signal about company prospects. For retail investors, purchases often carry stronger signals than routine, plan-driven sales; this transaction provides liquidity to the insider but, by itself, does not indicate a change in company fundamentals.