Ghia Ashish R 4
4 · PERDOCEO EDUCATION Corp · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
PERDOCEO (PRDO) CFO Ashish R. Ghia Sells 33,271 Shares
What Happened Ashish R. Ghia, Chief Financial Officer of PERDOCEO EDUCATION Corp (PRDO), sold a total of 33,271 shares in open-market transactions on March 18, 2026. The sales consist of 11,090 shares at a weighted average price of $35.07 (proceeds $388,926) and 22,181 shares at a weighted average price of $35.09 (proceeds $778,331), for combined proceeds of approximately $1,167,257. These were reported on a Form 4 filed March 20, 2026. As sales, these are typically routine disposition events (not purchases).
Key Details
- Transaction date: March 18, 2026; Form 4 filed March 20, 2026 (appears timely).
- Share details: 11,090 @ $35.07 = $388,926; 22,181 @ $35.09 = $778,331; total 33,271 shares sold for ~$1.17M.
- Execution: Sales were effected in multiple trades; reported weighted-average prices reflect ranges of roughly $34.62–$35.31 and $34.85–$35.29 per the filing’s footnotes.
- Plan/authorization: Sales were made pursuant to a Rule 10b5-1 trading plan adopted November 13, 2025 (footnote F1).
- Holdings note: Filing references 108,185 unvested restricted stock units included in holdings (footnote F4). The excerpt provided does not specify total shares owned after these transactions.
- Filing footnotes: The filer offers to provide trade-level details upon request (per the footnotes). One footnote in the filing uses “purchase” language but the reported transactions here are sales.
Context A Rule 10b5-1 plan indicates these trades were pre-planned automatic dispositions, which helps insiders comply with insider-trading rules and is often treated as a routine liquidity event rather than a real-time signal of changed company outlook. Retail investors should treat this as insider selling under a pre-existing plan; it does not, by itself, indicate company performance or insider sentiment beyond the fact of the planned sale.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-03-18$35.07/sh−11,090$388,926→ 177,872 total - Sale
Common Stock
[F1][F3][F4]2026-03-18$35.09/sh−22,181$778,331→ 155,691 total
Footnotes (4)
- [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 13, 2025.
- [F2]This transaction was executed in multiple trades at prices ranging from $34.62 to $35.31. This price reported in Column 4 reflects the weighted average sale prices. The Reporting Person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction were effected.
- [F3]This transaction was executed in multiple trades at prices ranging from $34.85 to $35.29. This price reported in Column 4 reflects the weighted average purchase prices. The Reporting Person hereby undertakes to provide, upon written request, to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction were effected.
- [F4]Includes 108,185 unvested restricted stock units granted pursuant to Issuer's 2016 Incentive Compensation Plan, with each unit representing the contingent right to receive one share of Issuer's common stock.