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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 44,478 | $34.26 | $1.52M |
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
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What insider transaction did Laureate Education (LAUR) report for its CEO?
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What transaction code and price appear in the Laureate Education (LAUR) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.