Laureate director group sells 521K shares

Snow Phipps–affiliated entities linked to a director and 10% owner reported open-market sales totaling 521,229 LAUR shares while retaining a sizable indirect stake.

Rhea-AI Filing Summary

LAUREATE EDUCATION, INC. (LAUR) received a Form 4 reporting that entities associated with director and ten percent owner Ian Kendell Snow sold a total of 521,229 shares of common stock in open-market or private transactions from August 31 to September 2, 2026, at weighted average prices between $36.26 and $38.43 per share.

The shares were sold by Snow Phipps Group, LLC and affiliated limited partnerships, and the transactions were executed in multiple trades within disclosed price ranges on each date. Following these sales, beneficial ownership reported for the filing group includes 1,664,083 shares held directly by Wengen Alberta, Limited Partnership. The reporting persons and Mr. Snow each disclaim beneficial ownership beyond their pecuniary interests, and no Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Net Seller: 521,229 shares

Net Sell 4 txns

Insider Snow Ian Kendell, Snow Phipps Group (RPV), L.P., Snow Phipps Group (Offshore), L.P., SPG Co-Investment, L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., Snow Phipps Group, LLC

Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner

Sold 521,229 shs ($19.10M)

Type	Security	Shares	Price	Value
Sale	Common Stock F5, F1, F4	427,019	$36.2573	$15.48M
Sale	Common Stock F5, F1, F3	2,654	$38.1148	$101K
Sale	Common Stock F5, F1, F2	91,556	$38.4349	$3.52M
holding	Common Stock F6	--	--	--

Holdings After Transaction: Common Stock — 1,648,978 shares (Indirect, See footnote)

Footnotes (6)

1. F1. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
2. F2. This transaction was executed in multiple trades at prices ranging from $38.00 to $38.81 on August 31, 2026.
3. F3. This transaction was executed in multiple trades at prices ranging from $38.01 to $38.21 on September 1, 2026.
4. F4. This transaction was executed in multiple trades at prices ranging from $36.135 to $36.52 on September 2, 2026.
5. F5. The shares were sold by Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., Snow Phipps Group (RPV), L.P., and SPG Co-Investment, L.P., and beneficial ownership following the reported transaction includes 1,664,083 shares held directly by Wengen Alberta, Limited Partnership, whose general partner is Wengen Investments Limited. Each reporting person disclaims beneficial ownership of the securities to the extent it exceeds its pecuniary interest therein, if any, and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.
6. F6. Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., and Snow Phipps Group (RPV), L.P. beneficially own such shares indirectly as a result of contractual arrangements with Mr. Snow. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.

Key Figures

Total shares sold: 521,229 shares Shares sold on August 31, 2026: 91,556 shares Shares sold on September 1, 2026: 2,654 shares +4 more

7 metrics

Total shares sold 521,229 shares Aggregate sales of Laureate Education common stock reported from August 31 to September 2, 2026

Shares sold on August 31, 2026 91,556 shares Common stock sold in multiple trades at weighted average price of $38.4349

Shares sold on September 1, 2026 2,654 shares Common stock sold in multiple trades at weighted average price of $38.1148

Shares sold on September 2, 2026 427,019 shares Common stock sold in multiple trades at weighted average price of $36.2573

Price range on August 31, 2026 $38.00–$38.81 per share Range of prices at which the August 31, 2026 trades were executed

Price range on September 2, 2026 $36.135–$36.52 per share Range of prices at which the September 2, 2026 trades were executed

Beneficially owned shares after transactions 1,664,083 shares Shares held directly by Wengen Alberta, Limited Partnership included in reported beneficial ownership

Key Terms

weighted average sale price, beneficial ownership, pecuniary interest, Section 16, +1 more

5 terms

weighted average sale price financial

"The price reported above reflects the weighted average sale price."

beneficial ownership financial

"beneficial ownership following the reported transaction includes 1,664,083 shares"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

pecuniary interest financial

"disclaims beneficial ownership of the securities to the extent it exceeds its pecuniary interest"

Section 16 regulatory

"for the purposes of Section 16 of the Exchange Act or otherwise"

Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.

contractual arrangements financial

"beneficially own such shares indirectly as a result of contractual arrangements with Mr. Snow"

FAQ

What insider transactions were reported for LAUR in this Form 4?

The filing reports sales of 521,229 shares of Laureate Education common stock by Snow Phipps–affiliated entities between August 31 and September 2, 2026, in open-market or private transactions at weighted average prices from about $36.26 to $38.43 per share.

Who are the reporting persons in the LAUR Form 4?

Reporting persons include Ian Kendell Snow and multiple affiliated entities: Snow Phipps Group (RPV), L.P., Snow Phipps Group (Offshore), L.P., SPG Co-Investment, L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., and Snow Phipps Group, LLC, each listed as a director and ten percent owner.

What were the sale dates and price ranges for the LAUR insider trades?

Sales occurred on August 31, 2026 at prices from $38.00–$38.81, on September 1, 2026 at $38.01–$38.21, and on September 2, 2026 at $36.135–$36.52, with each day’s Form 4 line showing a weighted average sale price.

How many LAUR shares do the reporting persons continue to beneficially own?

After the reported transactions, beneficial ownership reported for the filing group includes 1,664,083 shares of Laureate Education common stock held directly by Wengen Alberta, Limited Partnership, whose general partner is Wengen Investments Limited.

Were the LAUR insider sales made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as being made under such a plan, and the footnotes do not state that the transactions were executed pursuant to a Rule 10b5-1 or other pre-arranged trading plan.

Do Ian Kendell Snow and the entities claim full ownership of the LAUR shares?

No. The footnotes state that each reporting person and Mr. Snow disclaim beneficial ownership of the securities to the extent it exceeds their pecuniary interest, and that inclusion of the securities does not admit beneficial ownership for Section 16 purposes.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/03/2026 - 04:27 PM Accepted by SEC EDGAR 09/03/2026 - 04:20 PM Learn about SEC filing dates

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^*

Snow Ian Kendell

(Last) (First) (Middle)

545 MADISON AVENUE

10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026

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

	Form filed by One Reporting Person
X	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	08/31/2026		S		91,556(5)	D	$38.4349(1)(2)	2,075,997(5)	I	See footnote(5)
Common Stock	09/01/2026		S		2,654(5)	D	$38.1148(1)(3)	2,073,343(5)	I	See footnote(5)
Common Stock	09/02/2026		S		427,019(5)	D	$36.2573(1)(4)	1,646,324(5)	I	See footnote(5)
Common Stock								2,654	I	See footnote(6)

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

1. Name and Address of Reporting Person^*

Snow Ian Kendell

(Last) (First) (Middle)

545 MADISON AVENUE

10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Snow Phipps Group (RPV), L.P.

(Last) (First) (Middle)

545 MADISON AVENUE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Snow Phipps Group (Offshore), L.P.

(Last) (First) (Middle)

545 MADISON AVENUE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

SPG Co-Investment, L.P.

(Last) (First) (Middle)

545 MADISON AVENUE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Snow Phipps Group (B), L.P.

(Last) (First) (Middle)

545 MADISON AVENUE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Snow Phipps Group, L.P.

(Last) (First) (Middle)

545 MADISON AVENUE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Snow Phipps Group, LLC

(Last) (First) (Middle)

545 MADISON AVENUE, 10TH FLOOR

(Street)

NEW YORK NEW YORK 10022

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. This transaction was executed in multiple trades at prices ranging from $38.00 to $38.81 on August 31, 2026.

3. This transaction was executed in multiple trades at prices ranging from $38.01 to $38.21 on September 1, 2026.

4. This transaction was executed in multiple trades at prices ranging from $36.135 to $36.52 on September 2, 2026.

5. The shares were sold by Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., Snow Phipps Group (RPV), L.P., and SPG Co-Investment, L.P., and beneficial ownership following the reported transaction includes 1,664,083 shares held directly by Wengen Alberta, Limited Partnership, whose general partner is Wengen Investments Limited. Each reporting person disclaims beneficial ownership of the securities to the extent it exceeds its pecuniary interest therein, if any, and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.

6. Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., and Snow Phipps Group (RPV), L.P. beneficially own such shares indirectly as a result of contractual arrangements with Mr. Snow. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.

Remarks:

Exhibit 99.1 - Joint Filer Information and Signatures, incorporated herein by reference.

	See Exhibit 99.1	09/03/2026
	** 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)