Form 4: Adtalem Director's Stock Activity: RSU Grant & Tax Sale

Adtalem Global Education Director Betty M. Vandenbosch reported the acquisition of 1,445 restricted stock units and the disposition of 421 shares for tax withholding.

Summary

• Betty M. Vandenbosch, a Director of Adtalem Global Education Inc. (ATGE), reported two transactions.
• On November 12, 2025, Ms. Vandenbosch acquired 1,445 shares of common stock in the form of restricted stock units (RSUs) at a price of $96.86 per unit.
• These RSUs represent a right to receive one share of common stock for each unit and are scheduled to vest 100% on November 12, 2026.
• The number of RSUs awarded was determined by dividing the total dollar value of director compensation by the closing price of ATGE common stock on the transaction date.
• Following this acquisition, Ms. Vandenbosch beneficially owned 3,005 shares.
• On November 13, 2025, Ms. Vandenbosch disposed of 421 shares of common stock at a price of $96.26 per share.
• This disposition was to satisfy tax withholding obligations upon the vesting of previously awarded restricted stock units.
• After this transaction, Ms. Vandenbosch's beneficial ownership decreased to 2,584 shares.

Sentiment

Score: 6

Explanation: The acquisition of restricted stock units by a director is generally a positive signal of alignment with shareholder interests. The subsequent sale for tax withholding is a routine event and does not significantly alter the overall sentiment, making it moderately positive.

Positives

• A director, Betty M. Vandenbosch, acquired 1,445 restricted stock units, indicating continued alignment of her interests with shareholders.
• The acquisition is part of director compensation, a standard practice for aligning management and board interests with company performance.

Negatives

• The disposition of 421 shares, while for tax withholding, reduces the director's direct beneficial ownership.

Future Outlook

The 1,445 restricted stock units acquired by Director Betty M. Vandenbosch are scheduled to vest 100% on November 12, 2026, one year from the transaction date.

Industry Context

This Form 4 filing reports routine insider transactions related to director compensation and tax obligations, which are common across publicly traded companies. It does not provide specific insights into broader industry trends or competitive landscape for Adtalem Global Education Inc.

Related Party Transactions

• The acquisition of restricted stock units by Director Betty M. Vandenbosch represents a component of her director compensation, which is a related party transaction.

Stakeholder Impact

• Shareholders: The acquisition of RSUs by a director aligns her interests with those of shareholders, potentially signaling confidence in the company's future. The tax-related sale is a routine event with minimal impact.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction report.

Next Steps

• The 1,445 restricted stock units are expected to vest on November 12, 2026.

Key Dates

Keywords

Adtalem Global Education, ATGE, Form 4, Insider Transaction, Restricted Stock Units, Director Compensation, Stock Acquisition, Tax Withholding, Beneficial Ownership