Director at Laureate (NASDAQ: LAUR) receives 609 deferred RSUs in lieu of cash pay

Rhea-AI Filing Summary

Laureate Education, Inc. director George Munoz reported an acquisition of 609 shares of common stock valued at $34.84 per share through a grant of restricted stock units in lieu of cash compensation. Following this award, he holds 116,670 shares directly.

The footnote explains that these restricted stock units are fully vested upon grant and were elected under Laureate’s directors deferral plan. They will settle in shares of Laureate common stock in three equal annual installments on January 15, 2031, January 15, 2032, and January 14, 2033.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MUNOZ GEORGE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	609	$34.84	$21K

Holdings After Transaction: Common Stock — 116,670 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 609 shares Grant reference price: $34.84 per share Shares owned after grant: 116,670 shares +1 more

4 metrics

RSUs granted 609 shares Restricted stock units granted in lieu of cash compensation

Grant reference price $34.84 per share Price per share associated with the 609-share RSU grant

Shares owned after grant 116,670 shares Total Laureate common shares directly owned after the transaction

RSU settlement dates 2031, 2032, 2033 Equal annual installments on Jan 15, 2031; Jan 15, 2032; Jan 14, 2033

Key Terms

restricted stock units ("RSUs"), directors deferral plan, fully vested upon grant, settle in shares

4 terms

restricted stock units ("RSUs") financial

"Reflects a grant of restricted stock units ("RSUs") in connection with the Reporting Person's elections"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

directors deferral plan financial

"to defer such RSUs pursuant to Laureate's directors deferral plan"

fully vested upon grant financial

"The deferred RSUs, which are fully vested upon grant, will settle in shares"

settle in shares financial

"will settle in shares of Laureate common stock in equal annual installments"

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^*

MUNOZ GEORGE

(Last) (First) (Middle)

C/O LAUREATE EDUCATION, INC.

PMB 1158, 1000 BRICKELL AVE., SUITE 715

(Street)

MIAMI FLORIDA 33131

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
LAUREATE EDUCATION, INC. [ LAUR ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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

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

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

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	03/31/2026		A		609(1)	A	$34.84	116,670	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. Reflects a grant of restricted stock units ("RSUs") in connection with the Reporting Person's elections to receive stock in lieu of cash compensation and to defer such RSUs pursuant to Laureate's directors deferral plan. The deferred RSUs, which are fully vested upon grant, will settle in shares of Laureate common stock in equal annual installments on January 15, 2031, January 15, 2032 and January 14, 2033.

	/s/ Jonathan I. Stempel, Attorney-in-Fact	04/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LAUR director George Munoz report?

Director George Munoz reported acquiring 609 shares of Laureate Education common stock via a grant of restricted stock units. These units were received as stock in lieu of cash compensation and are fully vested at grant under the company’s directors deferral plan.

Was the LAUR insider transaction an open-market purchase or a grant?

The transaction was a grant of restricted stock units, not an open-market share purchase. The RSUs were received as compensation in stock instead of cash and are scheduled to settle in Laureate common shares over three future annual dates.

How many Laureate Education (LAUR) shares does George Munoz own after this filing?

After the reported grant, George Munoz directly owns 116,670 shares of Laureate Education common stock. This figure reflects his holdings following the acquisition of 609 shares through fully vested restricted stock units elected under the directors deferral plan.

When will the deferred RSUs reported by LAUR director George Munoz settle?

The deferred restricted stock units will settle in Laureate common stock in three equal annual installments. Settlement dates are January 15, 2031, January 15, 2032, and January 14, 2033, according to the terms of the directors deferral plan election.

Why did the LAUR director receive restricted stock units instead of cash?

George Munoz elected to receive stock in lieu of cash compensation under Laureate’s directors deferral plan. As a result, he was granted fully vested restricted stock units that will convert into Laureate common shares on specified future settlement dates.