Perdoceo Education Corp Files 8-K on Officer/Director Changes
Ticker: PRDO · Form: 8-K · Filed: 2025-02-07T00:00:00.000Z
Sentiment: neutral
Topics: officer-changes, director-changes, corporate-governance, financial-statements
Related Tickers: PRDO
TL;DR
Perdoceo Education Corp (PRDO) filed an 8-K detailing changes in officers and directors, plus financial statements.
AI Summary
Perdoceo Education Corporation filed an 8-K on February 7, 2025, reporting events as of February 3, 2025. The filing pertains to the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. It also includes financial statements and exhibits.
Why It Matters
This filing indicates potential shifts in the leadership and governance of Perdoceo Education Corp, which could impact strategic direction and operational oversight.
Risk Assessment
Risk Level: low — This is a routine corporate filing detailing changes in personnel and financial statements, not indicating immediate financial distress or significant operational shifts.
Key Numbers
- 20250203 — Event Date (Earliest event reported in the 8-K)
- 20250207 — Filing Date (Date the 8-K was filed with the SEC)
Key Players & Entities
- PERDOCEO EDUCATION Corp (company) — Registrant
- CAREER EDUCATION CORP (company) — Former Company Name
- 0000950170-25-016299 (filing_id) — Accession Number
FAQ
What specific changes occurred regarding directors or officers?
The filing indicates the departure of directors or certain officers, the election of directors, and the appointment of certain officers, along with details on compensatory arrangements for these individuals.
What is the primary purpose of this 8-K filing?
The primary purpose is to report significant corporate events, including changes in the board of directors and executive officers, and to provide accompanying financial statements and exhibits.
When were the events reported in this filing effective?
The earliest event reported was effective as of February 3, 2025.
What is Perdoceo Education Corp's former company name?
Perdoceo Education Corp's former company name was CAREER EDUCATION CORP.
Where is Perdoceo Education Corp's principal executive office located?
Perdoceo Education Corp's principal executive office is located at 1750 E. Golf Rd. Suite 350, Schaumburg, Illinois, 60173.
Filing Stats: 1,073 words · 4 min read · ~4 pages · Grade level 12.5 · Accepted 2025-02-07 16:20:08
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value PRDO The Nasdaq Global Ma
- $80,000 — dera will receive an annual retainer of $80,000, payable in quarterly installments. In
- $1,500 — addition, an individual meeting fee of $1,500 will be paid to non-employee directors
- $125,000 — holders with a target value at grant of $125,000, and new directors who join the Board d
- $31,250 — cted stock units with a target value of $31,250. These restricted stock units will vest
Filing Documents
- prdo-20250203.htm (8-K) — 53KB
- prdo-ex99_1.htm (EX-99.1) — 19KB
- img8661304_0.jpg (GRAPHIC) — 113KB
- 0000950170-25-016299.txt ( ) — 345KB
- prdo-20250203.xsd (EX-101.SCH) — 24KB
- prdo-20250203_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The exhibits required by Item 601 of Regulation S-K are listed in the "Exhibit Index" which is contained in this Current Report on Form 8-K and are incorporated by reference herein. Exhibit Index Exhibit Number Description of Exhibits 99.1 Press release of the Company dated February 7, 2025 reporting new director appointment. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERDOCEO EDUCATION CORPORATION Date: February 7, 2025 By: /s/ Ashish R. Ghia Ashish R. Ghia Senior Vice President and Chief Financial Officer