---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-009860"
form_type: "8-K"
ticker: "PRDO"
cik: "0001046568"
company_name: "PERDOCEO EDUCATION Corp"
filed_at: "2022-03-11T23:59:59+00:00"
generated_at: "2026-06-26T23:28:36.186570+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Perdoceo changes LTI mix to 50/50 for NEOs, awards CFO $352K retention bonus

## Summary
- 2022 Annual Incentive Plan uses 80% adjusted EBITDA / 20% individual goals with cap of 200% of target, same as 2021.
- Long-term incentive mix for NEOs changed to 50% performance-based / 50% time-based from 70/30 to enhance retention.
- CFO Ashish Ghia base salary increased 6% to $466,400, LTIP target raised from 125% to 140% of base salary.
- Ghia received retention bonus of $352,000 payable in equal installments on March 14, 2023 and 2024.
- Performance-based awards maintain three-year cliff vesting; overachievement up to 200% if third-year threshold met.

## SEC filing metadata
- accession: 0001564590-22-009860
- form_type: 8-K
- ticker: PRDO
- cik: 0001046568
- company_name: PERDOCEO EDUCATION Corp
- filed_at: 2022-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1046568/000156459022009860/0001564590-22-009860-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1046568/000156459022009860/prdo-8k_20220308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-009860
- JSON: https://secwatch.observer/filing/0001564590-22-009860.json
- Plain text: https://secwatch.observer/filing/0001564590-22-009860.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.