Perdoceo Education Corp Files 8-K on Officer/Director Changes

Ticker: PRDO · Form: 8-K · Filed: 2025-03-12T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, officer-changes, director-changes

TL;DR

Perdoceo Education Corp 8-K: Officer/Director changes and compensation details filed.

AI Summary

Perdoceo Education Corporation filed an 8-K on March 12, 2025, reporting events as of March 6, 2025. The filing primarily concerns the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for those officers. It also includes financial statements and exhibits.

Why It Matters

Changes in corporate leadership and officer compensation can signal shifts in company strategy or financial health, impacting investor confidence.

Risk Assessment

Risk Level: low — This filing is routine and reports on corporate governance and personnel changes, not immediate financial distress or significant operational shifts.

Key Players & Entities

FAQ

What specific officer or director positions were affected by the events reported on March 6, 2025?

The filing indicates "Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers" but does not specify the names or exact positions in the provided text.

Are the compensatory arrangements for the newly appointed or departing officers detailed in this filing?

The filing lists "Compensatory Arrangements of Certain Officers" as an item, suggesting details may be included, but the specific text does not provide them.

What is the primary reason for filing this 8-K report?

The 8-K is filed to report current information about material events, specifically focusing on changes in directors/officers and related compensation.

When was Perdoceo Education Corporation incorporated and in which state?

Perdoceo Education Corporation was incorporated in Delaware.

What is the IRS Employer Identification Number for Perdoceo Education Corporation?

The IRS Employer Identification Number for Perdoceo Education Corporation is 36-3932190.

From the Filing

0000950170-25-037989.txt : 20250312 0000950170-25-037989.hdr.sgml : 20250312 20250312163008 ACCESSION NUMBER: 0000950170-25-037989 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250306 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250312 DATE AS OF CHANGE: 20250312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PERDOCEO EDUCATION Corp CENTRAL INDEX KEY: 0001046568 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 363932190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 25732141 BUSINESS ADDRESS: STREET 1: 1750 E. GOLF ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 BUSINESS PHONE: 847-781-3600 MAIL ADDRESS: STREET 1: 1750 E. GOLF ROAD CITY: SCHAUMBURG STATE: IL ZIP: 60173 FORMER COMPANY: FORMER CONFORMED NAME: CAREER EDUCATION CORP DATE OF NAME CHANGE: 19970923 8-K 1 prdo-20250306.htm 8-K 8-K 0001046568 false 0001046568 2025-03-06 2025-03-06     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): March 6, 2025   Perdoceo Education Corporation (Exact Name of Registrant as Specified in Charter)               Delaware 0-23245 36-3932190 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)         1750 E. Golf Road , Schaumburg , IL 60173 (Address of Principal Executive Offices) (Zip Code)   Registrant’s telephone number, including area code: (847) 781-3600 Not applicable (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, $0.01 par value PRDO Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Annual Incentive Award Program On March 6, 2025, the Compensation Committee (the “ Committee ”) of the Board of Directors of Perdoceo Education Corporation (the “ Company ”) approved the 2025 Annual Incentive Plan (the “ 2025 AIP ”). The 2025 AIP is similar to the Company’s 2024 Annual Incentive Plan (the “ 2024 AIP

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