Cardoso Marcelo 4

What Happened
Marcelo Cardoso, Chief Operating Officer of Laureate Education (LAUR), sold 7,300 shares on March 17, 2026. The shares were disposed at $33.91 each for a total transaction value of $247,543. The filing reports the sale as an open market or private sale.

Key Details

• Transaction date and price: 2026-03-17 at $33.91 per share (total $247,543).
• Transaction type: Sale (code S).
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: Sale executed under a Rule 10b5-1 trading plan adopted May 14, 2025; purpose was to cover taxes owed on performance share awards that vested March 15, 2026.
• Timeliness: Reported with a Period of Report and filing date of 2026-03-17 (no late filing indicated).

Context
Because the sale was made pursuant to a pre-established 10b5-1 plan and was used to cover tax obligations from recently vested performance shares, this transaction appears routine rather than an active signaling trade. For retail investors, purchases typically carry more direct informational weight than routine, pre-arranged sales.