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Laureate Education (LAUR) awards director 7,849 deferred RSUs

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

Rhea-AI Filing Summary

Cohen Andrew B reported acquisition or exercise transactions in this Form 4 filing.

Laureate Education, Inc. director Andrew B. Cohen reported receiving a grant of 7,849 restricted stock units (RSUs) as part of the 2026 annual retainer for non-employee director service. The award was made at no cash cost per share.

The RSUs will vest in equal installments on May 21, 2026 and at the end of each of the remaining calendar quarters of 2026, as long as he continues serving as a director through each vesting date. The units are deferred under the issuer's directors deferral plan and are scheduled to settle in common stock on January 15, 2036. Following this grant, Cohen directly holds 67,953 shares of common stock.

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Insider Cohen Andrew B
Role null
Type Security Shares Price Value
Grant/Award Common Stock 7,849 $0.00 --
Holdings After Transaction: Common Stock — 67,953 shares (Direct, null)
Footnotes (1)
  1. Reflects a grant of 7,849 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 on January 15, 2036. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein, if any. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
RSU grant size 7,849 RSUs 2026 annual retainer grant to non-employee director
Grant price per RSU $0.00 per unit Equity compensation award, no cash paid by director
Shares held after transaction 67,953 shares Common stock directly owned following RSU grant
Initial vesting date May 21, 2026 First vesting installment for 2026 RSU award
Final vesting period End of each remaining 2026 quarter RSUs vest ratably over 2026
Settlement date January 15, 2036 Deferred RSUs settle into common stock
restricted stock units ("RSUs") financial
"Reflects a grant of 7,849 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.
directors deferral plan financial
"Such RSUs are deferred pursuant to the Reporting Person's election under the Issuer's directors deferral plan"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of the securities reported herein"
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.
Section 16 of the Securities Exchange Act of 1934 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934, as amended"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
SEC Form 4
FORM 4UNITED 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*
Cohen Andrew B

(Last)(First)(Middle)
C/O CPV PARTNERS, LLC
55 HUDSON YARDS

(Street)
NEW YORK NEW YORK 10001

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/21/2026A7,849(1)A$067,953D(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects a grant of 7,849 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 on January 15, 2036.
2. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of the Reporting Person's pecuniary interest therein, if any. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership by the Reporting Person of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise.
Remarks:
The Reporting Person, an employee of an affiliate of CPV Holdings, LLC ("CPV Holdings"), is currently a member of the Board of the Issuer. While certain affiliates of CPV Holdings have previously made separate filings under Section 16 of the Exchange Act with respect to securities of the Issuer that they may be deemed to beneficially own, the Reporting Person disclaims beneficial ownership of any securities of the Issuer that may be deemed to be beneficially owned by affiliates of CPV Holdings.
/s/ Andrew B. Cohen05/26/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did Laureate Education (LAUR) report for Andrew B. Cohen?

Laureate Education reported that director Andrew B. Cohen received 7,849 restricted stock units as part of his 2026 annual non-employee director retainer. This is a stock-based compensation grant, not an open-market purchase or sale of existing shares.

How many RSUs did Andrew B. Cohen receive from Laureate Education (LAUR)?

Andrew B. Cohen received a grant of 7,849 restricted stock units from Laureate Education as part of his 2026 director compensation. These RSUs represent a future right to receive common shares, subject to the specified vesting and deferral conditions outlined in the grant.

What is the vesting schedule for Andrew B. Cohen’s 7,849 RSUs at Laureate Education (LAUR)?

The 7,849 RSUs granted to Andrew B. Cohen will vest in equal installments on May 21, 2026 and at the end of each remaining calendar quarter of 2026. Vesting requires his continued service as a director through each applicable vesting date during 2026.

When will Andrew B. Cohen’s Laureate Education (LAUR) RSUs settle into common stock?

Cohen’s RSUs are deferred under Laureate Education’s directors deferral plan and will settle in shares of common stock on January 15, 2036. Settlement converts the vested RSUs into actual shares delivered to the reporting person at that future date.

How many Laureate Education (LAUR) shares does Andrew B. Cohen hold after this RSU grant?

After this RSU grant, Andrew B. Cohen is reported as directly holding 67,953 shares of Laureate Education common stock. This figure reflects his position following the award, as disclosed in the Form 4 filing for the May 21, 2026 transaction.

Is Andrew B. Cohen’s Laureate Education (LAUR) RSU grant an open-market stock purchase?

No, the RSU grant to Andrew B. Cohen is compensation, not an open-market stock purchase. The award was granted at a stated price of $0.00 per unit and will convert into shares later, subject to vesting and the long-term deferral arrangement.