Form 4: Laureate Education CEO Eilif Serck-Hanssen Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Eilif Serck-Hanssen, President & CEO of Laureate Education, Inc., disposed of 39,335 shares to cover tax withholding obligations.
Summary
- On March 15, 2024, Eilif Serck-Hanssen, the President & CEO of Laureate Education, Inc., disposed of 39,335 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations arising from the vesting of performance share units.
- The shares were disposed of at a price of $13.56 per share.
- Following the transaction, Serck-Hanssen beneficially owns 857,116 shares of Laureate Education, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: disposal of shares to cover tax obligations. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
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