Form 4: Laureate Education VP Gerard M. Knauer Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Gerard M. Knauer, VP, Accounting, Global Controller at Laureate Education, Inc., reports the withholding of 1,092 common stock shares to cover tax obligations arising from vesting performance share units on March 15, 2025.
Summary
- On March 15, 2025, Gerard M. Knauer, VP, Accounting, Global Controller at Laureate Education, Inc., had 1,092 shares of common stock withheld by the issuer.
- This withholding was to satisfy tax obligations related to the vesting of performance share units.
- The price per share for the transaction was $18.89.
- Following the transaction, Knauer directly owns 19,484 shares of Laureate Education, Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock. This specific filing relates to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of transaction where 1,092 shares were withheld for tax obligations. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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