Form 4: Laureate Education Director Transfers Shares to Charitable Foundation
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
| Date | Description |
|---|---|
| 11/08/2024 | Date of the stock transfer to the Munoz Charitable Giving Foundation. |
| 11/13/2024 | Date 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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