secwatch.observer — SEC 8-K summary
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Issuer:     PERDOCEO EDUCATION Corp (PRDO)
CIK:        0001046568
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0000950170-23-007595
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Perdoceo Education raises CEO base to $650K, approves 2023 AIP with adjusted operating income metric
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- CEO Todd Hurst base salary increased to $650,000; AIP target raised from 85% to 100% of base.
- CFO Ashish Ghia base raised to $489,720; AIP target from 80% to 90% of base.
- Other exec base salaries: Kline $388,773, Baskel $386,750, Jansen $388,500.
- Retention bonuses: Kline $370,260 (2024/2025), Baskel $350,000 (2023/2024), Jansen $60,000 (June 2023).
- 2023 AIP uses adjusted operating income (80% weighting) and individual goals (20% weighting).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1046568/000095017023007595/0000950170-23-007595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1046568/000095017023007595/prdo-20230307.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007595

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer