Ashish R. Ghia, Perdoceo Education's chief financial officer, sold 11,089 shares of the company's common stock on March 25, 2026, at $37.00 per share, for a total transaction value of $410,293. The sale occurred while the shares were trading close to their 52-week high of $38.02. Over the trailing 12 months the stock has delivered a 53% return.
Following the disposition, Ghia retained direct ownership of 144,602 shares of Perdoceo Education common stock. That figure includes 108,185 unvested restricted stock units that remain part of his holdings.
The transaction was executed under a Rule 10b5-1 trading plan that Ghia adopted on November 13, 2025. The company is noted as remaining undervalued based on Fair Value estimates in InvestingPro analysis, which offers Pro Research Reports on U.S. equities including PRDO.
Corporate capital actions
Perdoceo's board of directors has approved a new common stock repurchase program authorizing the company to buy back up to $100 million of its outstanding common shares on the open market. This program replaces the prior $75 million repurchase authorization. Under the earlier initiative the company repurchased approximately 2.5 million shares at an average price of $29.80 per share, a program total of roughly $74.8 million.
Executive compensation framework
The board's Compensation Committee approved the 2026 Annual Incentive Plan for senior-level employees, including executive officers. The committee maintained the plan design used in 2025, allocating 80% of the incentive weighting to adjusted operating income performance and 20% to individual goals.
Context and significance
The reported insider sale, executed under a pre-established Rule 10b5-1 plan, and the board-approved expansion of the repurchase program are material corporate governance and capital allocation actions disclosed by the company. The information also notes a continued focus on linking senior executive pay to adjusted operating income while preserving incentives tied to individual objectives.
Key points
- Insider transaction - CFO Ashish R. Ghia sold 11,089 shares on March 25, 2026, at $37.00 per share for $410,293 while retaining 144,602 shares, including 108,185 unvested restricted stock units.
- Share repurchase - Perdoceo's board authorized a new $100 million buyback program to replace a prior $75 million program under which the company repurchased about 2.5 million shares for $74.8 million at an average price of $29.80.
- Compensation plan - The 2026 Annual Incentive Plan for senior employees maintains an 80% emphasis on adjusted operating income and 20% on individual goals, mirroring the 2025 plan.
Risks and uncertainties
- Insider selling - The CFO's sale, although conducted under a prearranged 10b5-1 plan, may raise questions among some investors about insider sentiment; this directly affects investor perceptions in the equity markets.
- Buyback execution - The newly authorized $100 million repurchase program represents management discretion over capital deployment; actual repurchases and timing are uncertain and could be influenced by market conditions.
- Performance measurement - The Annual Incentive Plan’s heavy weighting toward adjusted operating income means executive rewards are closely tied to that metric, which could shift management focus toward near-term operating measures.
The disclosures above summarize the insider transaction and several corporate governance and capital allocation actions announced by Perdoceo Education. The company’s reported figures and plan details are presented as disclosed.