Form 4: Laureate Education Director Pedro del Corro Reports Stock Sale

Director Pedro del Corro reported selling 5,957 shares of Laureate Education, Inc. common stock at a price of $16.31 on May 10, 2024.

Summary

• On May 10, 2024, Pedro del Corro, a director of Laureate Education, Inc., sold 5,957 shares of common stock.
• The sale price was $16.31 per share.
• Following the transaction, Mr. del Corro directly owns 46,729 shares of Laureate Education, Inc.
• Mr. del Corro also indirectly owns shares through his spouse.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of a stock sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding 10% or more of a company's shares) buy or sell their company's stock; they provide transparency into insider transactions.

Stakeholder Impact

• The stock sale by a director could be perceived neutrally or slightly negatively by shareholders, depending on their interpretation of the director's motives.

Key Dates