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Laureate (NASDAQ: LAUR) VP reports 1,124-share tax withholding on equity

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

Rhea-AI Filing Summary

LAUREATE EDUCATION, INC. vice president and global controller Gerard M. Knauer reported a routine tax-related share disposition. The company withheld 1,124 shares of common stock at $34.26 per share to cover his tax obligations when previously granted performance share units vested.

After this withholding, Knauer directly holds 21,851 shares of Laureate common stock. This event reflects tax withholding on equity compensation rather than an open-market sale or a change in his investment stance toward the company.

Positive

  • None.

Negative

  • None.
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*
Knauer Gerard M.

(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)
VP, ACCTG, GLOBAL CONTROLLER
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 1,124(1) D $34.26 21,851 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 did LAUR executive Gerard M. Knauer report in this Form 4 filing?

Gerard M. Knauer reported that 1,124 shares of Laureate Education common stock were withheld to pay taxes. The withholding occurred when previously granted performance share units vested, and it was handled directly by the company as part of standard equity compensation administration.

Was the LAUR Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by Laureate Education to satisfy Knauer’s tax obligations upon vesting of performance share units, rather than sold by him on a stock exchange to outside investors.

How many LAUR shares were withheld for taxes in this Form 4?

The filing reports that 1,124 shares of Laureate Education common stock were withheld. These shares covered Gerard M. Knauer’s tax liability triggered when his performance share units vested, as explained in the accompanying footnote to the insider transaction disclosure.

What is Gerard M. Knauer’s role at Laureate Education (LAUR)?

Gerard M. Knauer is an officer of Laureate Education, serving as vice president, accounting, and global controller. His position makes him a reporting person for insider transactions, which is why this tax-withholding equity event appears on a Form 4 filing.

How many LAUR shares does Gerard M. Knauer hold after this transaction?

Following the tax-withholding event, Knauer directly holds 21,851 shares of Laureate Education common stock. This figure reflects his remaining ownership after the company’s withholding of 1,124 shares to satisfy tax obligations on his vested performance share units.

What does transaction code "F" mean in the LAUR Form 4 filing?

Transaction code “F” indicates shares were disposed of to pay an exercise price or tax liability. In this Laureate Education Form 4, it denotes that shares were withheld by the issuer to meet Gerard M. Knauer’s tax obligations related to performance share unit vesting.
Laureate Education Inc

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