May 6, 2024 · Form 4 insider transaction
Snow Ian Kendell sold 2,114,928 shares of Laureate Education, Inc. at $14.64 per share, a transaction worth $30.96M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 2 days after the transaction.
This transaction was executed by Snow Phipps Group, L.P., Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group (RPV), L.P., SPG Co-Investment, L.P. and Snow Phipps Group, LLC at price of $14.64 on May 6, 2024. The reporting persons hereby undertake to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.; Represents shares of Common Stock held directly by Snow Phipps Group, L.P., Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group (RPV), L.P., SPG Co-Investment, L.P. and Snow Phipps Group, LLC, which previously beneficially owned such shares indirectly as a result of contractual arrangements with Mr. Snow. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.