SVP/CIO Czeszewski sells 36,225 shares for $1,188,412.53 at $32.81; cuts holding 34.5% post-transaction.
David C. Czeszewski, SVP and CIO at Perdoceo Education, executed 2 separate sales totaling 36,225 shares for $1,188,412.53 at a blended average price of $32.81 on 2026-02-25, reducing his post-transaction holding to 68,875 shares from 105,100 shares. The magnitude of the reduction—34.5% of his pre-transaction position—represents a material decrease in his direct equity stake. At PRDO specifically, Czeszewski's prior 3 sales (all on 2025-06-13) showed a 90-day timing pattern of 0 of 3 well-timed (the stock rose after each sale, suggesting poor exit timing); this current transaction occurs while the stock is near its 52-week high ($37.66) and trading at a current price of $33.35, suggesting he is selling into recent strength (+19.3% over 90 days). The company's fundamentals remain solid (revenue $211,872,000.00, net income $39,850,000.00, annual revenue growth +24.2%, P/E 12.40), so this large equity reduction does not appear driven by deteriorating business conditions but rather represents a discrete shift in his portfolio positioning.