PERDOCEO EDUCATION Corp Files DEF 14A
Ticker: PRDO · Form: DEF 14A · Filed: 2024-04-12T00:00:00.000Z
Sentiment: neutral
Topics: DEF 14A, PERDOCEO EDUCATION, Executive Compensation, Proxy Statement, Corporate Governance
TL;DR
<b>PERDOCEO EDUCATION Corp has filed a DEF 14A filing</b>, indicating a definitive proxy statement for the fiscal year ending December 31, 2023.
AI Summary
PERDOCEO EDUCATION Corp (PRDO) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. Filing type: DEF 14A. Report period: 2024-05-23. Filed as of date: 2024-04-12. Company SIC code: 8200 (Educational Services). Incorporated in: Delaware.
Why It Matters
For investors and stakeholders tracking PERDOCEO EDUCATION Corp, this filing contains several important signals. This DEF 14A filing is a standard disclosure for public companies, providing detailed information about executive compensation, board of directors, and shareholder proposals. The filing includes data related to executive compensation metrics such as changes in fair value of equity awards and exclusions of stock awards for key personnel like Todd S. Nelson and Andrew H. Hurst.
Risk Assessment
Risk Level: low — PERDOCEO EDUCATION Corp shows low risk based on this filing. The filing is a routine DEF 14A, which is a standard disclosure document and does not inherently present new risks to the company.
Analyst Insight
Review the executive compensation details and any shareholder proposals within the DEF 14A to understand potential impacts on corporate governance and shareholder relations.
Executive Compensation
| Name | Title | Total Compensation |
|---|---|---|
| Todd S. Nelson | Member | |
| Andrew H. Hurst | Member |
Key Numbers
- 2024-05-23 — Conformed Period of Report
- 2024-04-12 — Filed as of Date
- 8200 — Standard Industrial Classification
- DE — State of Incorporation
- 1231 — Fiscal Year End
Key Players & Entities
- PERDOCEO EDUCATION Corp (company) — Filer
- CAREER EDUCATION CORP (company) — Former company name
- Todd S. Nelson (person) — Executive compensation data
- Andrew H. Hurst (person) — Executive compensation data
FAQ
When did PERDOCEO EDUCATION Corp file this DEF 14A?
PERDOCEO EDUCATION Corp filed this Proxy Statement (DEF 14A) with the SEC on April 12, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by PERDOCEO EDUCATION Corp (PRDO).
Where can I read the original DEF 14A filing from PERDOCEO EDUCATION Corp?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by PERDOCEO EDUCATION Corp.
What are the key takeaways from PERDOCEO EDUCATION Corp's DEF 14A?
PERDOCEO EDUCATION Corp filed this DEF 14A on April 12, 2024. Key takeaways: Filing type: DEF 14A. Report period: 2024-05-23. Filed as of date: 2024-04-12.
Is PERDOCEO EDUCATION Corp a risky investment based on this filing?
Based on this DEF 14A, PERDOCEO EDUCATION Corp presents a relatively low-risk profile. The filing is a routine DEF 14A, which is a standard disclosure document and does not inherently present new risks to the company.
What should investors do after reading PERDOCEO EDUCATION Corp's DEF 14A?
Review the executive compensation details and any shareholder proposals within the DEF 14A to understand potential impacts on corporate governance and shareholder relations. The overall sentiment from this filing is neutral.
How does PERDOCEO EDUCATION Corp compare to its industry peers?
PERDOCEO EDUCATION Corp operates within the Educational Services industry, providing educational programs and services.
Are there regulatory concerns for PERDOCEO EDUCATION Corp?
As a publicly traded company, PERDOCEO EDUCATION Corp is subject to SEC regulations, including the requirement to file definitive proxy statements (DEF 14A) for shareholder meetings.
Industry Context
PERDOCEO EDUCATION Corp operates within the Educational Services industry, providing educational programs and services.
Regulatory Implications
As a publicly traded company, PERDOCEO EDUCATION Corp is subject to SEC regulations, including the requirement to file definitive proxy statements (DEF 14A) for shareholder meetings.
What Investors Should Do
- Analyze the executive compensation tables for specific dollar amounts and changes in equity awards for key executives.
- Review any shareholder proposals and management's recommendations to understand potential voting outcomes.
- Examine the board of directors' composition and independence disclosures.
Key Dates
- 2024-04-12: Filing Date — Definitive Proxy Statement (DEF 14A) filed.
- 2024-05-23: Report Period End — The period for which the proxy statement is reporting.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard disclosure document. No direct comparison to a prior filing's content is available from the provided text.
Filing Stats: 4,748 words · 19 min read · ~16 pages · Grade level 14 · Accepted 2024-04-12 16:30:22
Filing Documents
- prdo-20240410.htm (DEF 14A) — 2358KB
- img152006627_0.jpg (GRAPHIC) — 59KB
- img152006627_1.jpg (GRAPHIC) — 59KB
- img152006627_2.jpg (GRAPHIC) — 7KB
- img152006627_3.jpg (GRAPHIC) — 46KB
- img152006627_4.jpg (GRAPHIC) — 10KB
- img152006627_5.jpg (GRAPHIC) — 28KB
- img152006627_6.jpg (GRAPHIC) — 1KB
- img152006627_7.jpg (GRAPHIC) — 1KB
- img152006627_8.jpg (GRAPHIC) — 50KB
- img152006627_9.jpg (GRAPHIC) — 50KB
- img152006627_10.jpg (GRAPHIC) — 51KB
- img152006627_11.jpg (GRAPHIC) — 38KB
- img152006627_12.jpg (GRAPHIC) — 192KB
- img152006627_13.jpg (GRAPHIC) — 172KB
- 0000950170-24-044074.txt ( ) — 5701KB
- prdo-20240410.xsd (EX-101.SCH) — 61KB
- prdo-20240410_htm.xml (XML) — 542KB
Security Ownership of Directors and Executive Officers
Security Ownership of Directors and Executive Officers 61
Security Ownership of Principal Stockholders
Security Ownership of Principal Stockholders 62 Discretionary Proxy Voting Authority/Untimely Stockholder Proposals 62 Proposals of Stockholders 62 Additional Information 63 Cost of Solicitation 63 Appendix A 64 PROXY STATEMENT Perdoceo Education Corporation 1750 East Golf Road Schaumburg, Illinois 60173 (847) 781-3600 INFORMATION ABOUT V OTING AND THE MEETING Why did I receive these proxy materials? Perdoceo Education Corporation (" Perdoceo ," the " Company ," " we ," " us " or " our ") is holding its 2024 Annual Meeting of Stockholders (the " 2024 Annual Meeting " or " Annual Meeting ") on May 23, 2024. You have received these materials in connection with the solicitation of proxies by our Board of Directors (the " Board ") for the 2024 Annual Meeting and for any adjournment or postponement thereof. You are invited to attend the 2024 Annual Meeting of Stockholders on May 23, 2024, beginning at 9:00 a.m., Central Daylight Saving Time. The Annual Meeting will be held at our campus support center at Perdoceo Education Corporation, 1750 East Golf Road, Schaumburg, Illinois 60173. If you plan to attend the 2024 Annual Meeting, please call our Investor Relations support team at the Alpha IR Group at (312) 445-2870. Notice of Internet Availability of Proxy Materials In accordance with rules adopted by the Securities and Exchange Commission (" SEC "), we provide our stockholders with the choice of accessing the 2024 Annual Meeting proxy materials on the Internet, rather than receiving printed copies of those materials through the mail. In connection with this process, a Notice Regarding the Internet Availability of Proxy Materials is being mailed to our stockholders who have not previously requested electronic access to our proxy materials or paper proxy materials. The notice contains instructions on how you may access and review our proxy materials on the Internet and how you may vote your shares. The notice will also tell you