Knauer Gerard M. 4

What Happened
Gerard M. Knauer, Vice President, Accounting and Global Controller at Laureate Education (LAUR), received stock awards reported on a Form 4. The filing shows an acquisition-type award of 1,212 restricted stock units (RSUs) on 2026-02-06 (reported at $0.00 per share) and a prior award of 3,280 RSUs on 2025-02-12 (also $0.00). These were grants/awards (not open-market purchases or sales) and represent compensation, not an immediate cash transaction.

Key Details

• Transaction dates and prices: 2026-02-06 — 1,212 shares @ $0.00 (award); 2025-02-12 — 3,280 shares @ $0.00 (award).
• Total newly reported units in this filing: 1,212 (with 3,280 from the earlier award also disclosed).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: The RSUs vest in three equal installments on Dec 31 of 2026, 2027, and 2028, subject to continued employment.
  • F2: The 3,280 shares represent performance share units (PSUs) earned for 2023–2025 awards and were issued upon Compensation Committee certification that performance goals for the year ended Dec 31, 2025 were met.
• Filing timeliness: Form filed 2026-02-10 reporting the 2026-02-06 transaction — within the required reporting window (timely).
• No 10b5-1 plan, tax withholding, or sale noted in the provided filing excerpt.

Context
RSU and PSU grants are common executive compensation tools: RSUs convert to shares if/when they vest (subject to continued employment), while PSUs pay out based on performance goals. These awards do not reflect an insider buying stock on the open market and should be viewed as compensation rather than a bullish or bearish trading signal. Retail investors often track awards for dilution and upcoming vesting schedules, but purchases and sales typically provide stronger signals about insider sentiment.