Knauer Gerard M. 4
Research Summary
AI-generated summary
Laureate Education (LAUR) VP Gerard Knauer Shares Withheld for Taxes
What Happened
Gerard M. Knauer, VP of Accounting and Global Controller at Laureate Education, had 1,124 shares withheld by the company on 2026-03-15 to satisfy tax withholding obligations arising from the vesting of performance share units. The reported withholding value was $34.26 per share, totaling $38,508 (reported as a disposition under code F).
Key Details
- Transaction date and price: 2026-03-15, 1,124 shares withheld at $34.26 each (total $38,508 reported).
- Transaction type: Code F — shares withheld to satisfy tax-withholding obligations (not an open-market sale).
- Shares owned after transaction: Not specified in this filing.
- Footnote: F1 — these shares were withheld by the issuer to cover tax withholding from vested performance share units previously reported as shares.
- Filing timeliness: Filed 2026-03-17 for a 2026-03-15 transaction; appears timely under Section 16 reporting deadlines.
Context
This was a routine tax-withholding disposition following PSU vesting, not a voluntary market sale or purchase. Such withholdings are common and do not necessarily indicate insider sentiment about the company.