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Laureate (NASDAQ: LAUR) legal chief has 2,695 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Laureate Education, Inc. executive Leslie S. Brush, Senior Vice President and Chief Legal Officer, reported a tax-related share disposition. On March 15, 2026, 2,695 shares of common stock were withheld by the company to cover her tax obligations when performance share units vested. After this withholding, she directly holds 49,560 shares of Laureate common stock. This event reflects tax withholding on equity compensation, not an open-market sale.

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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*
Brush Leslie S

(Last) (First) (Middle)
C/O LAUREATE EDUCATION, INC.
PMB 1158, 1000 BRICKELL AVE, SUITE 715

(Street)
MIAMI FL 33131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LAUREATE EDUCATION, INC. [ LAUR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, CHIEF LEGAL OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 03/15/2026 F 2,695(1) D $34.26 49,560 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. 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.
/s/ Jonathan I. Stempel, Attorney-in-Fact 03/17/2026
** 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.

FAQ

What insider transaction did LAUR executive Leslie S. Brush report?

Leslie S. Brush reported a tax-withholding disposition of Laureate common stock. On March 15, 2026, 2,695 shares were withheld by the company to satisfy tax obligations arising from vesting performance share units, a routine equity compensation event rather than an open-market trade.

How many Laureate (LAUR) shares were withheld for Leslie S. Brush’s taxes?

A total of 2,695 shares of Laureate common stock were withheld. The shares were used to cover tax liabilities triggered when previously granted performance share units vested, as part of standard equity compensation tax-settlement procedures for the executive.

Is Leslie S. Brush’s LAUR transaction an open-market sale?

No, the transaction is not an open-market sale. The 2,695 Laureate shares were withheld by the issuer solely to satisfy tax withholding obligations tied to vesting performance share units, rather than shares being sold on the open market for investment purposes.

How many Laureate (LAUR) shares does Leslie S. Brush hold after the transaction?

Following the tax-withholding event, Leslie S. Brush directly holds 49,560 shares of Laureate common stock. This figure reflects her remaining equity position after 2,695 shares were withheld to meet tax obligations from vested performance share units.

What caused the tax-withholding share disposition for LAUR’s Leslie S. Brush?

The disposition resulted from performance share units vesting for Leslie S. Brush. When those units converted into common stock, the issuer withheld 2,695 shares to cover her associated tax liabilities, which is a common mechanism in equity-based executive compensation.

What role does Leslie S. Brush hold at Laureate (LAUR)?

Leslie S. Brush serves as Senior Vice President and Chief Legal Officer at Laureate Education, Inc. Her reported transaction involves Laureate common stock withheld by the company to satisfy tax obligations linked to the vesting of performance-based share awards.
Laureate Education Inc

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4.80B
120.81M
Education & Training Services
Services-educational Services
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United States
MIAMI