Buskirk Richard M. 4

What Happened

• Richard M. Buskirk, CFO of Laureate Education (LAUR), exercised/options conversion to acquire 2,803 shares at $7.64 each (cost ~$21,415) and sold a total of 61,803 LAUR shares in open-market transactions on March 11, 2026, producing proceeds of about $2,082,368.
• The sales consisted of 60,803 shares at a weighted average price of $33.68 (≈ $2,048,027) and 1,000 shares at a weighted average price of $34.34 (≈ $34,341). The filing also shows a derivative conversion/disposition entry for 2,803 shares at $0.00 associated with the option exercise.

Key Details

• Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears timely).
• Sales execution: multiple trades — 60,803-share block executed between $33.315–$34.28 (weighted avg $33.68); 1,000-share block executed between $34.34–$34.35 (weighted avg $34.34). (Footnotes F1 & F2.)
• Option/derivative note: 2,803-option exercise (cost $7.64/share). Footnote F3 notes the option vested in three installments on 12/31/2016, 2017 and 2018.
• Shares owned after the transactions: not specified in the provided Form 4 excerpt.

Context

• This was an option exercise combined with substantial open-market sales. When executives exercise options and sell shares, it can be a routine liquidity action rather than a directional vote on company prospects; filings are factual and do not reveal motive.
• The derivative line at $0.00 reflects conversion/settlement related to the exercised options (common reporting practice when an option is converted to shares).