Form 4: Laureate Education VP Gerard M. Knauer Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gerard M. Knauer, VP, Accounting, Global Controller at Laureate Education, Inc., reports a transaction involving the withholding of shares to cover tax obligations.
Summary
- On March 15, 2024, Gerard M. Knauer, VP, Accounting, Global Controller at Laureate Education, Inc., had 1,028 shares of common stock withheld by the issuer to satisfy tax withholding obligations.
- This action occurred upon the vesting of performance share units previously reported.
- Following the transaction, Knauer beneficially owns 15,968 shares of Laureate Education, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track changes in ownership and potential alignment of interests.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: 1,028 shares withheld for tax obligations. |
| 03/19/2024 | Date of signature on the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.