---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-291090"
form_type: "8-K"
ticker: "LAUR"
cik: "0000912766"
company_name: "LAUREATE EDUCATION, INC."
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T14:41:10.221210+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# KKR sells 32.8M shares in secondary offering; Laureate repurchases 7.97M shares at $9.41 each

## Summary
- KKR sold 32,842,183 shares at $9.40875 per share; Laureate repurchased 7,971,303 of those at same price.
- Company received no proceeds from the secondary offering, which closed November 22, 2022.
- KKR's ownership fell below director designation threshold; William Cornog resigned from board effective Nov 22.

## SEC filing metadata
- accession: 0001193125-22-291090
- form_type: 8-K
- ticker: LAUR
- cik: 0000912766
- company_name: LAUREATE EDUCATION, INC.
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912766/000119312522291090/0001193125-22-291090-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912766/000119312522291090/d375718d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-291090
- JSON: https://secwatch.observer/filing/0001193125-22-291090.json
- Plain text: https://secwatch.observer/filing/0001193125-22-291090.txt

## Key facts
- Executive change
  William Cornog resigned as director at LAUREATE EDUCATION, INC..
  - Action: resigned
  - Role: director
  source text: Accordingly, on November 17, 2022, Mr. William Cornog, the director previously designated by KKR pursuant to the Securityholders Agreement, submitted his resignation as a director of the Company, effective as of the closing date of the Secondary Offering, November 22, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/912766/000119312522291090/0001193125-22-291090-index.htm
- Material Agreements
  LAUREATE EDUCATION, INC. entered into Underwriting Agreement with KKR 2006 Fund (Overseas), Limited Partnership, KKR Partners II (International), L.P., and Goldman Sachs & Co. LLC (effective 2022-11-17).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: KKR 2006 Fund (Overseas), Limited Partnership, KKR Partners II (International), L.P., and Goldman Sachs & Co. LLC
  - Effective: 2022-11-17
  source text: On November 17, 2022, Laureate Education, Inc. (the “Company”) entered into an Underwriting Agreement (the “Underwriting Agreement”), by and among the Company, KKR 2006 Fund (Overseas), Limited Partnership (“KKR Overseas”) and KKR Partners II (International), L.P. (together with KKR Overseas, the “Selling Stockholders” or “KKR”), and Goldman Sachs & Co. LLC, as representative of the several underwriters named therein
  evidence_url: https://www.sec.gov/Archives/edgar/data/912766/000119312522291090/0001193125-22-291090-index.htm

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