Laureate Education (LAUR) director granted 5,308 deferred RSUs

Rhea-AI Filing Summary

MUNOZ GEORGE reported acquisition or exercise transactions in this Form 4 filing.

Laureate Education director George Munoz reported an equity award, not an open-market trade. He received 5,308 restricted stock units as part of his 2026 annual retainer for non-employee director service, with no cash paid per share.

The RSUs will vest in equal installments on May 21, 2026 and at the end of each remaining calendar quarter of 2026, as long as he continues serving as a director through each vesting date. Under his election in the company’s directors deferral plan, the vested RSUs will settle into common shares in three equal annual installments on January 15, 2031, January 15, 2032, and January 14, 2033. After this grant, he directly holds 121,978 shares of common stock.

Insider Trade Summary

Net Buyer: 5,308 shares

Net Buy 1 txn

Insider MUNOZ GEORGE

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,308	$0.00	$0.00

Holdings After Transaction: Common Stock — 121,978 shares (Direct)

Footnotes (1)

1. F1. Reflects a grant of 5,308 restricted stock units ("RSUs") as part of the 2026 annual retainer for non-employee director service. The RSUs will vest ratably in equal installments on May 21, 2026 and at the end of each of the remaining calendar quarters of 2026, provided that the Reporting Person continues to serve as a director of the Issuer through the applicable vesting date. Such RSUs are deferred pursuant to the Reporting Person's election under the Issuer's directors deferral plan and will settle in shares of common stock in equal annual installments on January 15, 2031, January 15, 2032 and January 14, 2033.

Key Figures

RSU grant size: 5,308 RSUs Transaction price per share: $0.0000 per share Shares held after grant: 121,978 shares +5 more

8 metrics

RSU grant size 5,308 RSUs 2026 annual retainer for non-employee director service

Transaction price per share $0.0000 per share Equity award, not purchased in the market

Shares held after grant 121,978 shares Common stock directly owned following the RSU award

Initial vesting date May 21, 2026 First vesting installment of 2026 RSU award

Quarterly vesting period Remaining 2026 quarters Additional vesting at end of each remaining 2026 calendar quarter

First settlement date January 15, 2031 First of three annual RSU settlement dates

Second settlement date January 15, 2032 Second of three annual RSU settlement dates

Third settlement date January 14, 2033 Final annual RSU settlement date

Key Terms

restricted stock units ("RSUs"), annual retainer, non-employee director, directors deferral plan, +1 more

5 terms

restricted stock units ("RSUs") financial

"Reflects a grant of 5,308 restricted stock units ("RSUs") as part of the 2026 annual retainer"

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.

annual retainer financial

"as part of the 2026 annual retainer for non-employee director service"

non-employee director financial

"as part of the 2026 annual retainer for non-employee director service"

directors deferral plan financial

"Such RSUs are deferred pursuant to the Reporting Person's election under the Issuer's directors deferral plan"

vest ratably financial

"The RSUs will vest ratably in equal installments on May 21, 2026 and at the end of each of the remaining calendar quarters of 2026"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/26/2026 - 06:00 PM Learn about SEC filing dates

FAQ

What did Laureate Education (LAUR) director George Munoz report in this Form 4?

Director George Munoz reported receiving 5,308 restricted stock units as part of his 2026 annual retainer. This is a compensation-related equity grant, not an open-market purchase or sale, and was reported as an acquisition of common stock-based units at no cash cost.

How many Laureate Education (LAUR) shares does George Munoz hold after this grant?

After the reported grant, George Munoz directly holds 121,978 shares of Laureate Education common stock. This total includes the effect of the 5,308 restricted stock units awarded as part of his 2026 non-employee director annual retainer compensation package.

What are the vesting terms of George Munoz’s 5,308 Laureate Education (LAUR) RSUs?

The 5,308 RSUs vest in equal installments on May 21, 2026 and at the end of each remaining calendar quarter of 2026. Vesting requires Munoz to continue serving as a Laureate Education director through each applicable vesting date for the corresponding tranche.

When will George Munoz’s Laureate Education (LAUR) RSUs settle into common shares?

The RSUs are deferred under Laureate Education’s directors deferral plan and will settle in common shares in three equal annual installments on January 15, 2031, January 15, 2032, and January 14, 2033, according to the Form 4 footnote disclosure.

Is George Munoz’s Laureate Education (LAUR) Form 4 transaction a market buy or sell?

No, the Form 4 shows a grant of restricted stock units as compensation, coded as a grant or award acquisition. There was no open-market purchase or sale; the transaction price per share is listed as 0.0000, reflecting a non-cash equity award.

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)
05/21/2026

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	05/21/2026		A		5,308(1)	A	$0	121,978	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 5,308 restricted stock units ("RSUs") as part of the 2026 annual retainer for non-employee director service. The RSUs will vest ratably in equal installments on May 21, 2026 and at the end of each of the remaining calendar quarters of 2026, provided that the Reporting Person continues to serve as a director of the Issuer through the applicable vesting date. Such RSUs are deferred pursuant to the Reporting Person's election under the Issuer's directors deferral plan and will settle in shares of common stock in equal annual installments on January 15, 2031, January 15, 2032 and January 14, 2033.

	/s/ Jonathan I. Stempel, Attorney-in-Fact	05/26/2026
	** 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)