March 5, 2024 · Form 4 insider transaction
del Corro Pedro sold 1,086 shares of Laureate Education, Inc. at $12.62 per share, a transaction worth $13.7K. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 13 days after the transaction.
On March 5, 2024, Mr. del Corro and his spouse and certain other investors in the Issuer entered into a Stock Purchase Agreement with the Issuer pursuant to which such investors sold certain shares of Common Stock to the Issuer at a price of $12.62 per share. In connection with such Stock Purchase Agreement, Wengen redeemed the interests of certain investors, including Mr. del Corro and his spouse, and certain investment partnerships through which Mr. del Corro and his spouse indirectly held shares, by distributing to such investors certain shares of Common Stock previously indirectly attributable to such investors, including 1,086 shares and 1,085 shares distributed to Mr. del Corro and his spouse, respectively, and 23,258 shares distributed to certain investment partnerships through which Mr. del Corro and his wife indirectly held shares, which shares were then sold to the Issuer pursuant to the Stock Purchase Agreement.