ATGE Form 4: 1,445 RSUs granted; director now holds 16,303 shares

Rhea-AI Filing Summary

Adtalem Global Education (ATGE) director Form 4: A board member reported equity changes tied to director compensation and routine tax withholding. On 11/12/2025, the director received 1,445 restricted stock units at a reference price of $96.86; these stock units vest 100% on the one year anniversary of the transaction date. On 11/13/2025, 421 shares were withheld at $96.26 to satisfy taxes from previously vested awards.

Following these transactions, the director’s direct ownership stands at 16,303 shares.

Insights

Governance & Insider Transactions Analyst

Routine director equity grant and tax withholding, neutral impact.

The filing records a standard director RSU grant and a same-week tax withholding event. The grant totals 1,445 RSUs pegged to a $96.86 closing price on 11/12/2025, with full vesting on the one-year anniversary of that date. Such grants are common components of board compensation.

The 421-share disposition on 11/13/2025 at $96.26 reflects shares withheld to cover taxes upon vesting of earlier awards. After these entries, direct holdings are 16,303 shares. No proceeds to the issuer or directional signal is implied; activity reflects compensation mechanics.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Krehbiel William V

Role Director

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	421	$96.26	$41K
Grant/Award	Common Stock	1,445	$96.86	$140K

Holdings After Transaction: Common Stock — 16,303 shares (Direct)

Footnotes (1)

1. The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest 100% on the one year anniversary of the transaction date. The number of restricted stock units awarded to the Reporting Person was determined by dividing the total dollar value of director compensation awarded to the Reporting Person by $96.86, the closing price of ATGE common stock on November 12, 2025. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krehbiel William V

(Last) (First) (Middle)

233 S. WACKER DRIVE

SUITE 800

(Street)

CHICAGO IL 60606

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Adtalem Global Education Inc. [ ATGE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/12/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/12/2025		A		1,445(1)	A	$96.86(2)	16,724	D
Common Stock	11/13/2025		F		421(3)	D	$96.26	16,303	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. Stock units vest 100% on the one year anniversary of the transaction date.

2. The number of restricted stock units awarded to the Reporting Person was determined by dividing the total dollar value of director compensation awarded to the Reporting Person by $96.86, the closing price of ATGE common stock on November 12, 2025.

3. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.

	/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Krehbiel	11/14/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ATGE’s director report on the latest Form 4?

A grant of 1,445 RSUs on 11/12/2025 and a tax withholding of 421 shares on 11/13/2025.

At what prices were the ATGE Form 4 transactions recorded?

The RSU reference price was $96.86 on 11/12/2025; the tax withholding used $96.26 on 11/13/2025.

When do the reported ATGE RSUs vest?

They vest 100% on the one year anniversary of the transaction date.

How many ATGE shares does the director own after these transactions?

Direct ownership is 16,303 shares following the reported transactions.

Why were 421 ATGE shares disposed of on 11/13/2025?

They were withheld to satisfy tax obligations from previously vested RSUs.