Brush Leslie S 4

What Happened

• Leslie S. Brush, Senior Vice President and Chief Legal Officer of Laureate Education (LAUR), received equity awards on February 6, 2026. The Form 4 reports two awards: 5,923 restricted stock units (RSUs) and 9,795 performance-share-based shares (PSUs), reported at $0.00 per share (award/grant, code A). Total awarded shares: 15,718. These were awards/vestings, not open-market purchases or sales.

Key Details

• Transaction date(s) and price(s): 2026-02-06; both awards reported at $0.00 per share (grant/award).
• Share counts: 5,923 RSUs (footnote F1) and 9,795 PSUs (footnote F2); total 15,718 shares.
• Vesting / conditions:
  • F1 (RSUs): Vest in three equal installments on Dec 31 of 2026, 2027 and 2028, subject to continued employment.
  • F2 (PSUs): Represent shares earned under PSU awards granted in 2023–2025, issued upon Compensation Committee certification that performance goals were met for 2025.
• Shares owned after transaction: Not specified in the provided Form 4 extract.
• Filing timeliness: Report filed 2026-02-10 for transactions on 2026-02-06; filing appears timely under the Form 4 two-business-day rule.
• No 10b5-1 plan, tax-withholding sale, or immediate sale reported in this filing.

Context

• These awards reflect compensation and performance settlements rather than insider buying or selling; RSUs vest over time (retention) while PSUs are performance-contingent. For retail investors, grants/vestings signal company compensation actions and recognition of performance but should not be read as a direct market-timing signal.