Laureate CEO has 44,478 shares withheld for taxes
Laureate Education, Inc. President and CEO Eilif Serck-Hanssen reported a routine tax-related share disposition.
Rhea-AI Filing Summary
Laureate Education, Inc. President and CEO Eilif Serck-Hanssen reported a routine tax-related share disposition. The company withheld 44,478 shares of Common Stock at $34.26 per share to cover his tax obligations when performance share units vested.
After this withholding, Serck-Hanssen directly holds 1,232,398 shares of Common Stock, indicating the event is compensation- and tax-driven rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 44,478 shares
Exercise Price or Tax Liability
1 txn
Insider
Serck-Hanssen Eilif
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 44,478 | $34.26 | $1.52M |
Holdings After Transaction:
Common Stock — 1,232,398 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld by the Issuer to satisfy tax withholding obligations of the Reporting Person that arose upon the vesting of performance share units previously reported as shares of Common Stock in Table I.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Laureate Education (LAUR) report for its CEO?
Laureate Education reported that President and CEO Eilif Serck-Hanssen had 44,478 shares of Common Stock withheld. The shares were used to satisfy tax obligations arising from the vesting of performance share units previously reported as Common Stock.
What is the Laureate Education (LAUR) CEO’s stake after the tax withholding?
After the tax-withholding transaction, President and CEO Eilif Serck-Hanssen directly holds 1,232,398 shares of Laureate Education Common Stock. This indicates he retains a substantial equity position following the routine compensation-related withholding.
What transaction code and price appear in the Laureate Education (LAUR) Form 4?
The Form 4 uses transaction code F, indicating a tax-withholding disposition. The issuer withheld 44,478 shares of Common Stock at a transaction price of $34.26 per share to cover the CEO’s tax obligations tied to vested performance share units.
AI-generated analysis. How Rhea-AI works. Not financial advice.