Laureate Education Inc.

09/03/2026 | Press release | Distributed by Public on 09/03/2026 14:20

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Snow Ian Kendell
2. Issuer Name and Ticker or Trading Symbol
LAUREATE EDUCATION, INC. [LAUR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
545 MADISON AVENUE, 10TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
08/31/2026
(Street)
NEW YORK, NY 10022
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/31/2026 S 91,556(5) D $38.4349(1)(2) 2,075,997(5) I See footnote(5)
Common Stock 09/01/2026 S 2,654(5) D $38.1148(1)(3) 2,073,343(5) I See footnote(5)
Common Stock 09/02/2026 S 427,019(5) D $36.2573(1)(4) 1,646,324(5) I See footnote(5)
Common Stock 2,654 I See footnote(6)
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Snow Ian Kendell
545 MADISON AVENUE
10TH FLOOR
NEW YORK, NY 10022
X X
Snow Phipps Group (RPV), L.P.
545 MADISON AVENUE, 10TH FLOOR
NEW YORK, NY 10022
X X
Snow Phipps Group (Offshore), L.P.
545 MADISON AVENUE, 10TH FLOOR
NEW YORK, NY 10022
X X
SPG Co-Investment, L.P.
545 MADISON AVENUE, 10TH FLOOR
NEW YORK, NY 10022
X X
Snow Phipps Group (B), L.P.
545 MADISON AVENUE, 10TH FLOOR
NEW YORK, NY 10022
X X
Snow Phipps Group, L.P.
545 MADISON AVENUE, 10TH FLOOR
NEW YORK, NY 10022
X X
Snow Phipps Group, LLC
545 MADISON AVENUE, 10TH FLOOR
NEW YORK, NY 10022
X X

Signatures

See Exhibit 99.1 09/03/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
(2) This transaction was executed in multiple trades at prices ranging from $38.00 to $38.81 on August 31, 2026.
(3) This transaction was executed in multiple trades at prices ranging from $38.01 to $38.21 on September 1, 2026.
(4) This transaction was executed in multiple trades at prices ranging from $36.135 to $36.52 on September 2, 2026.
(5) The shares were sold by Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., Snow Phipps Group (RPV), L.P., and SPG Co-Investment, L.P., and beneficial ownership following the reported transaction includes 1,664,083 shares held directly by Wengen Alberta, Limited Partnership, whose general partner is Wengen Investments Limited. Each reporting person disclaims beneficial ownership of the securities to the extent it exceeds its pecuniary interest therein, if any, and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.
(6) Snow Phipps Group, LLC, Snow Phipps Group (Offshore), L.P., Snow Phipps Group (B), L.P., Snow Phipps Group, L.P., and Snow Phipps Group (RPV), L.P. beneficially own such shares indirectly as a result of contractual arrangements with Mr. Snow. Mr. Snow disclaims beneficial ownership of the securities to the extent it exceeds his pecuniary interest therein and the inclusion of the securities in this report shall not be deemed to be an admission of beneficial ownership of the reported securities for the purposes of Section 16 of the Exchange Act or otherwise.

Remarks:
Exhibit 99.1 - Joint Filer Information and Signatures, incorporated herein by reference.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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