Perdoceo Stockholders Approve 2026 Long-Term Incentive Plan of 4.5 Million Shares
At its May 21, 2026 annual meeting, Perdoceo stockholders approved a new 2026 Long-Term Incentive Plan authorizing 4,500,000 shares, plus shares from certain expired or forfeited awards under the 2016 plan. Stockholders also elected nine directors, ratified Grant Thornton LLP as auditor for 2026, and approved executive compensation on an advisory basis, which gives shareholders a record of how the votes went.
Key points
- The 2026 Plan authorizes 4,500,000 shares for issuance, plus shares underlying certain awards under the 2016 Plan that later expire, terminate, are canceled or are forfeited.
- Plan approval vote: 51,753,505 for, 2,443,873 against, 14,331 abstentions and 4,273,446 broker non-votes.
- Each of the nine director nominees received more votes for than against, with Alan D. Wheat having the lowest for count at 53,518,792 and 325,112 against.
- The Compensation Committee approved forms of restricted stock unit, performance share unit and non-employee director restricted stock unit award agreements on May 21, 2026.
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 27, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.