Snow Phipps plans sale of 17.8M Laureate shares
Rhea-AI Filing Summary
Laureate Education, Inc. (LAUR) is the issuer for which Snow Phipps Group, identified as an affiliate, has filed a notice of proposed sale on Form 144. The notice covers a proposed sale of up to 17,768,266 shares of common stock of Laureate through J.P. Morgan Securities LLC on NASDAQ, with an approximate sale date of August 31, 2026. Laureate common shares outstanding are listed as 137,749,360. The securities to be sold were received by Snow Phipps Group via a distribution in kind from Wengen Alberta LP, which had originally acquired the shares on August 1, 2007.
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Key Figures
Shares to be sold: 17,768,266 shares of common stock
Shares outstanding: 137,749,360 shares of common stock
Approximate sale date: August 31, 2026
+2 more
5 metrics
Shares to be sold
17,768,266 shares of common stock
Maximum amount covered by Snow Phipps Group Form 144 notice
Shares outstanding
137,749,360 shares of common stock
Common shares outstanding for Laureate Education, Inc.
Approximate sale date
August 31, 2026
Planned date for sales under the Form 144 notice
Date of distribution in kind
August 7, 2026
Date Snow Phipps Group received shares via distribution in kind
Original acquisition date by Wengen Alberta LP
August 1, 2007
Date Wengen Alberta LP is described as having acquired the shares
Key Terms
Form 144, affiliate, Distribution In Kind, attorney-in-fact, +1 more
5 terms
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
affiliate regulatory
"Affiliate 144: Securities Information"
Distribution In Kind financial
"Distribution In Kind | Wengen Alberta LP"
attorney-in-fact regulatory
"as agent and attorney-in-fact for Snow Phipps Group"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
FAQ
What does the Form 144 filing for LAUR disclose?
It discloses that Snow Phipps Group, an affiliate of Laureate Education, Inc. (LAUR), has given notice of a proposed sale of up to 17,768,266 shares of common stock through J.P. Morgan Securities LLC on NASDAQ, with an approximate sale date of August 31, 2026.
Who is the selling security holder in the LAUR Form 144?
The selling security holder is Snow Phipps Group, identified as an affiliate. J.P. Morgan Securities LLC signs the notice as agent and attorney-in-fact for Snow Phipps Group in connection with the proposed sale of Laureate Education, Inc. common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.