Home / Business and Economy / Exec Sells 9,308 Stock Options Immediately
Exec Sells 9,308 Stock Options Immediately
10 Jun
Summary
- Kenda B. Gonzales exercised 9,308 stock options on June 4, 2026.
- The options were immediately sold at $34.79 per share.
- Gonzales retains 48,158 shares, valued at ~$1.64 million.
Kenda B. Gonzales, an executive at Perdoceo Education Corporation, completed a significant transaction on June 4, 2026. On this date, Gonzales exercised 9,308 stock options granted by the company. Immediately following the exercise, all 9,308 shares were sold on the open market.
The transaction was valued at $34.79 per share, reflecting both the exercise price and the market close price on the same day. This maneuver generated approximately $324,953 in liquidity for Gonzales. The filing with the SEC indicates that these were directly owned shares, with no involvement of trusts or other entities.
This sale marks the first open-market disposition by Gonzales in the past two years, as previous filings detailed administrative actions. Following this transaction, Gonzales continues to hold a substantial equity stake in Perdoceo Education Corporation, with 48,158 shares remaining. As of June 4, 2026, this direct holding was valued at approximately $1.64 million.
Perdoceo Education Corporation is known for offering career-focused academic programs. It operates through online, campus-based, and hybrid formats, serving adult learners and working professionals. The company's primary revenue streams come from tuition and fees at institutions like Colorado Technical University and American InterContinental University.
