Laureate VP has 1,124 LAUR shares withheld for taxes
LAUREATE EDUCATION, INC. vice president and global controller Gerard M. Knauer reported a routine tax-related share disposition.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,124 | $34.26 | $39K |
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 did LAUR executive Gerard M. Knauer report in this Form 4 filing?
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AI-generated analysis. How Rhea-AI works. Not financial advice.