Laureate Education (LAUR) CFO sells 61,803 shares after option exercise
Rhea-AI Filing Summary
Laureate Education’s SVP & Chief Financial Officer Richard M. Buskirk reported an exercise-and-sell transaction. He exercised employee stock options to acquire 2,803 shares of common stock at an exercise price of $7.64 per share, converting previously granted options into shares.
On the same day, he sold a total of 61,803 common shares in open-market trades at weighted average prices of $33.683 and $34.341 per share, executed across multiple trades within stated price ranges. Following these transactions, he directly holds 246,577 shares of Laureate Education common stock.
Positive
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Negative
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Insights
CFO exercised options and sold shares, retaining a sizable direct stake.
SVP & CFO Richard M. Buskirk exercised options covering 2,803 shares at an exercise price of $7.64, then sold 61,803 common shares in open-market transactions at weighted average prices of $33.683 and $34.341. This pattern reflects an exercise-and-sell event, turning part of an equity position into cash.
After these trades, he continues to hold 246,577 common shares directly, indicating that a substantial position remains. The sales were executed in multiple trades within disclosed price ranges, with no reference to a pre-arranged trading plan in the provided data. Overall, the filing shows a notable but not complete reduction of his direct share holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 2,803 | $0.00 | -- |
| Exercise | Common Stock | 2,803 | $7.64 | $21K |
| Sale | Common Stock | 60,803 | $33.683 | $2.05M |
| Sale | Common Stock | 1,000 | $34.341 | $34K |
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $33.315 to $34.28 on March 11, 2026. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $34.34 to $34.35 on March 11, 2026. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The option vested in three installments on each of December 31, 2016, 2017 and 2018.