Cohen Andrew B 4

What Happened Andrew B. Cohen, a non‑employee director of Laureate Education, Inc. (LAUR), received a grant of 7,849 restricted stock units (RSUs) on May 21, 2026. The award was reported as an "A" (award/grant) transaction at $0.00 per unit (no purchase price); reported dollar value is $0. The RSUs vest ratably — one installment on May 21, 2026 and the remaining installments at the end of each remaining calendar quarter of 2026 — and have been deferred under the director deferral plan to be settled in common stock on January 15, 2036.

Key Details

• Transaction date: 2026-05-21 (grant of 7,849 RSUs; code A)
• Filing date: 2026-05-26 (filed within the required 2 business days)
• Price: $0.00 per RSU; reported acquisition value $0
• Vesting: Ratably — May 21, 2026 and each remaining quarter‑end in 2026
• Settlement: Deferred under directors’ deferral plan; will settle in shares on 2026-01-15? (filing states settlement on January 15, 2036)
• Shares owned after transaction: Not disclosed in the filing
• Footnotes: Reporting person disclaims beneficial ownership except for any pecuniary interest; reporting person is affiliated with CPV Holdings and disclaims beneficial ownership of shares held by affiliates

Context This was a compensation award to a non‑employee director, not an open‑market purchase or sale. The RSUs are deferred and will convert to common stock on the stated settlement date (January 15, 2036), so this grant does not represent an immediate change in market holdings or a direct cash investment signal. Director grants of this type are routine for board compensation.