---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-318398"
form_type: "8-K"
ticker: "LAUR"
cik: "0000912766"
company_name: "LAUREATE EDUCATION, INC."
filed_at: "2021-11-03T23:59:59+00:00"
generated_at: "2026-06-28T14:46:45.580517+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Laureate eliminates dual-class stock, loses controlled company status after Wengen redemption

## Summary
- Wengen investors redeemed interests for shares; Class B fell below 15%, triggering automatic conversion of all Class A & B into single common stock class.
- Company no longer qualifies as 'controlled company' under Nasdaq rules.
- Amendment gives KKR and CPV right to nominate additional director (Ian K. Snow) while holding >=8,035,713 shares.
- All director designation rights expire December 31, 2024.
- Wengen investors assume responsibility for Peruvian taxes on share transfers.

## SEC filing metadata
- accession: 0001193125-21-318398
- form_type: 8-K
- ticker: LAUR
- cik: 0000912766
- company_name: LAUREATE EDUCATION, INC.
- filed_at: 2021-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912766/000119312521318398/0001193125-21-318398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912766/000119312521318398/d229116d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-318398
- JSON: https://secwatch.observer/filing/0001193125-21-318398.json
- Plain text: https://secwatch.observer/filing/0001193125-21-318398.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.