Perdoceo Education Corp DEF 14A: Executive Compensation Details

Ticker: PRDO · Form: DEF 14A · Filed: 2025-04-11T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, equity-awards, sec-filing

TL;DR

Perdoceo Education Corp DEF 14A out: Exec comp details for Todd Nelson & Andrew Hurst, equity awards from 2021-2023.

AI Summary

Perdoceo Education Corp filed a DEF 14A on April 11, 2025, for the fiscal year ending May 22, 2025. The filing details executive compensation, including equity awards granted to individuals like Todd S. Nelson and Andrew H. Hurst during the fiscal years 2021 through 2023. Specific values for these awards, such as their year-end fair value and vesting conditions, are outlined.

Why It Matters

This filing provides transparency into how Perdoceo Education Corp compensates its top executives, offering insights into the company's incentive structures and potential future stock performance based on award valuations.

Risk Assessment

Risk Level: medium — DEF 14A filings often contain information about executive compensation and corporate governance, which can influence investor sentiment and stock price, but do not typically present immediate financial risks.

Key Numbers

20250411 — Filing Date (Date the DEF 14A was filed.)
20250522 — Report Period End Date (The period this filing pertains to.)
2021-2023 — Fiscal Years for Equity Awards (The years during which equity awards were granted and reported.)

Key Players & Entities

PERDOCEO EDUCATION Corp (company) — Filer
Todd S. Nelson (person) — Executive
Andrew H. Hurst (person) — Executive
CAREER EDUCATION CORP (company) — Former Company Name

FAQ

What was the total reported fair value of equity awards granted to Todd S. Nelson in 2023?

The filing indicates that for Todd S. Nelson, the year-end fair value of equity awards granted in the covered year (2023) and outstanding/unvested is detailed, but a specific total dollar amount is not explicitly stated in the provided snippet.

When did Career Education Corp change its name to Perdoceo Education Corp?

The date of the name change from Career Education Corp to Perdoceo Education Corp was September 23, 1997.

What is the primary business address of Perdoceo Education Corp?

The primary business address for Perdoceo Education Corp is 1750 E. Golf Road, Schaumburg, IL 60173.

What SEC Act is this DEF 14A filing under?

This DEF 14A filing is made under the Securities Exchange Act of 1934.

Are there any specific dollar amounts mentioned for equity awards granted to Andrew H. Hurst in 2022?

The filing references 'ecd:NonPeoNeoMember' and 'ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember' for Andrew H. Hurst in 2022, indicating changes in fair value of prior year awards, but a specific total grant value is not provided in the snippet.

From the Filing

0000950170-25-053361.txt : 20250411 0000950170-25-053361.hdr.sgml : 20250411 20250411170021 ACCESSION NUMBER: 0000950170-25-053361 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 25 CONFORMED PERIOD OF REPORT: 20250522 FILED AS OF DATE: 20250411 DATE AS OF CHANGE: 20250411 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 EIN: 363932190 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 000-23245 FILM NUMBER: 25832882 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 DEF 14A 1 prdo-20250409.htm DEF 14A DEF 14A DEF 14A false 0001046568 0001046568 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2023-01-01 2023-12-31 0001046568 prdo:ToddSNelsonMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-01-01 2023-12-31 0001046568 prdo:ToddSNelsonMember 2021-01-01 2021-12-31 0001046568 ecd:NonPeoNeoMember ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember 2022-01-01 2022-12-31 0001046568 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember prdo:ToddSNelsonMember ecd:PeoMember 2024-01-01 2024-12-31 0001046568 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2023-01-01 2023-12-31 0001046568 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember prdo:ToddSNelsonMember ecd:PeoMember 2024-01-01 2024-12-31 0001046568 ecd:NonPeoNeoMember ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember 2022-01-01 2022-12-31 0001046568 prdo:AndrewHHurstMember 2022-01-01 2022-12-31 0001046568 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2020-01-01 2020-12-31 0001046568 prdo:ToddSNelsonMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2023-01-01 2023-12-31 0001046568 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember prdo:ToddSNelsonMember ecd:PeoMember 2023-01-01 2023-12-31 0001046568 prdo:ToddSNelsonMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2021-01-01 2021-12-31 0001046568 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember prdo:ToddSNelsonMember ecd:PeoMember 2020-01-01 2020-12-31 0001046568 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2023-01-01 2023-12-31 0001046568 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2020-01-01 2020-12-31 0001046568 ecd:EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember prdo:ToddSNelsonMember ecd:PeoMember 2024-01-01 2024-12-31 0001046568 prdo:ToddSNelsonMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-01-01 2022-12-31 0001046568 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember prdo:ToddSNelsonMember ecd:PeoMember 2022-01-01 2022-12-31 0001046568 prdo:ToddSNelsonMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2021-01-01 2021-12-31 0001046568 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2022-01-01 2022-12-31 0001046568 ecd:NonPeoNeoMember prdo:AverageFairValueAtLastDayOfPriorFiscalYearOfEquityAwardsForfeitedDuringFiscalYearMember 2024-01-01 2024-12-31 0001046568 2021-01-01 2021-12-31 0001046568 prdo:ToddSNelsonMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2022-01-01 2022-12-31 0001046568 2022-01-01 2022-12-31 0001046568 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2023-01-01 2023-12-31 0001046568 ecd:FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember prdo:AndrewHHurstMe