PERDOCEO EDUCATION Corp
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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FY2024 · Filed Feb 18, 2025
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Item 9B. OTHER INFORMATION
Rule 10b5-1 Plan Elections
During the quarter ended December 31, 2024, the following executive officers of the Company adopted a "Rule 10b5-1 trading arrangement," as defined in Item 408 of Regulation S-K.
Ashish Ghia, Senior Vice President, Chief Financial Officer and Treasurer, entered into a pre-arranged stock trading plan on November 15, 2024. Mr. Ghia’s plan provides for the sale between March 18, 2025 and November 14, 2025, of up to 6,236 shares of the Company's common stock which Mr. Ghia has the right to acquire under outstanding vested stock options and all net vested restricted stock held by Mr. Ghia upon the vesting of performance shares and restricted stock units that will vest prior to November 14, 2025.
Greg Jansen, Senior Vice President, General Counsel and Corporate Secretary, entered into a pre-arranged stock trading plan on November 15, 2024. Mr. Jansen’s plan provides for the sale between April 10, 2025 and November 14, 2025, of 60% of net vested restricted stock held by Mr. Jansen upon the vesting of performance shares and restricted stock units that will vest prior to November 14, 2025.
Michele Peppers, Vice President – Accounting & Reporting and Chief Accounting Officer, entered into a pre-arranged stock trading plan on December 11, 2024. Ms. Peppers' plan provides for the sale between March 14, 2025 and December 10, 2025, of up to 4,038 shares of the Company's common stock owned by Ms. Peppers, and all net vested restricted stock held by Ms. Peppers upon the vesting of performance shares and restricted stock units that will vest prior to December 10, 2025.
Each of the trading plans was entered into during an open insider trading window and is intended to satisfy the affirmative defense of Rule 10b5-1(c) under the Securities Exchange Act of 1934, as amended, and the Company's policies regarding transactions in Company securities.
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