Form 4: Laureate Education Director Transfers Shares to Charitable Foundation

Sentiment:

SEC Form 4 Filing


George Munoz, a director at Laureate Education, transferred 6,177 shares of common stock to the Munoz Charitable Giving Foundation.

Summary

  • George Munoz, a director of Laureate Education, Inc., filed a Form 4 indicating a change in beneficial ownership.
  • On November 8, 2024, Mr. Munoz transferred 6,177 shares of Laureate Education common stock to the Munoz Charitable Giving Foundation.
  • The transfer was a gift, with a price of $0 per share.
  • Following the transaction, Mr. Munoz directly owns 113,809 shares of Laureate Education common stock.
  • Mr. Munoz has voting and investment power over all securities owned by the foundation.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine transaction. It does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to changes in beneficial ownership by a company director and is not indicative of any broader industry trend.

Comparison to Industry Standards

  • Form 4 filings are standard practice for corporate insiders and directors when they have transactions involving company stock.
  • The transfer of shares to a charitable foundation is a common practice for personal financial planning and philanthropic activities.
  • The transaction is not unusual compared to similar filings by directors of other publicly traded companies.

Stakeholder Impact

  • The transaction has a minimal impact on shareholders as it is a transfer of shares by a director to a foundation controlled by the director.
  • There is no direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/08/2024Date of the stock transfer to the Munoz Charitable Giving Foundation.
11/13/2024Date the Form 4 was signed by Leslie S. Brush, Attorney-in-Fact.

Keywords

Form 4, Beneficial Ownership, Laureate Education, LAUR, George Munoz, Charitable Giving, Stock Transfer, Director

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