Form 4: Wengen Alberta LP Reduces Stake in Laureate Education Following Redemption

Wengen Alberta, LP distributes shares of Laureate Education, Inc. Class A Common Stock to requesting investors following the redemption of their limited partnership interests, resulting in an exit filing for the Reporting Persons.

Summary

• Wengen Alberta, LP, along with Wengen Investments Limited, filed a Form 4 indicating changes in beneficial ownership of Laureate Education, Inc. (LAUR) stock.
• On March 1, 2024, certain investors redeemed their limited partnership interests in Wengen Alberta, LP.
• As a result of this redemption, Wengen distributed 2,920,250 shares of Class A Common Stock to these investors.
• Following the redemption, these investors no longer hold limited partnership interests in Wengen.
• Wengen Alberta, LP directly holds 15,485,166 shares of Class A Common Stock.
• This filing constitutes an exit filing for Wengen Alberta, LP and Wengen Investments Limited, as they are no longer subject to Section 16 of the Exchange Act.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document simply reports a change in ownership structure due to a redemption. There is no indication of positive or negative implications.

Industry Context

This filing reflects changes in ownership structure within Laureate Education, Inc., which is common in the education sector as investment firms adjust their holdings.

Stakeholder Impact

• The change in ownership may have a minor impact on shareholders, depending on the future actions of the investors who received the distributed shares.

Key Dates