This is a routine governance filing — the new equity plan replaces the expiring 2016 plan with similar terms. No immediate trading catalyst. Monitor future 8-Ks for actual grant amounts under the new plan, which could signal management's view on growth.
Price Chart
Executive Summary
Perdoceo Education Corp filed an 8-K reporting that stockholders approved the 2026 Long-Term Incentive Plan at the May 21, 2026 annual meeting, authorizing 4.5 million new shares for issuance plus rollover from the prior 2016 plan. The filing also reports the election of nine directors and the advisory approval of executive compensation. This is a routine governance filing with no material financial impact.
Key Facts
- Stockholders approved the 2026 Long-Term Incentive Plan with 51,753,505 votes for, 2,443,873 against, and 14,331 abstentions.
- The 2026 Plan authorizes 4,500,000 shares for issuance, plus any shares underlying awards under the 2016 Plan that expire, terminate, or are forfeited after the effective date.
- All nine director nominees were elected with votes ranging from 51.4M to 54.0M in favor.
- Advisory vote on executive compensation passed with 53,091,201 votes for and 1,058,312 against.
- Grant Thornton LLP was ratified as independent auditor for FY2026 with 57,810,135 votes for.
- Forms of award agreements (RSU, PSU, and non-employee director RSU) were approved by the Compensation Committee.
Financial Impact
No financial figures reported in the filing. The 2026 Plan authorizes 4.5M new shares plus rollover from the 2016 Plan, but no specific grants or dollar amounts are disclosed.
Risk Factors
- Potential dilution from up to 4.5M new shares plus rollover from the 2016 plan, though actual grants are at the Committee's discretion.
- No financial results or guidance were provided in this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-241901 |
| Document: prdo-ex10_3.htm | 0001193125-26-241901 |
| Document: prdo-ex10_2.htm | 0001193125-26-241901 |
| Document: prdo-20260521.htm | 0001193125-26-241901 |
| Document: prdo-ex10_4.htm | 0001193125-26-241901 |
| Document: 0001193125-26-241901-index-headers.html | 0001193125-26-241901 |
| Document: 0001193125-26-241901-index.html | 0001193125-26-241901 |
| Document: 0001193125-26-241901.txt | 0001193125-26-241901 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 6w ago | 8-K | $33.06 $33.73 | ▲ +2.03% | ▼ −0.24% | $32.64 (−1.27%) |
Aug 6, 2026 11w ago | 8-K | $33.85 $33.20 | ▼ −1.92% | ▼ −1.52% | $32.64 (−3.57%) |
May 27, 2026 21w ago | 8-K | $33.09 $33.33 | ▲ +0.73% | ▲ +3.87% | $32.64 (−1.36%) |
May 12, 2026 24w ago | Insider Cluster | $35.12 $35.22 | ▲ +0.28% | ▲ +2.01% | $32.64 (−7.06%) |
May 7, 2026 24w ago | 8-K | $36.04 $34.27 | ▼ −4.91% | ▼ −4.93% | $32.64 (−9.43%) |
Mar 18, 2026 31w ago | Insider Cluster | $34.28 $35.47 | ▼ −3.47% | ▲ +2.58% | $32.64 (+4.78%) |
Mar 13, 2026 32w ago | Insider Cluster | $34.67 $35.03 | ▼ −1.04% | ▲ +2.76% | $32.64 (+5.86%) |
US Market Status
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