secwatch.observer — SEC 8-K summary
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Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2024-12-13T23:59:59+00:00
Accession:  0001193125-24-278516
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Laureate Education amends CEO Eilif Serck-Hanssen's compensation; base salary $1M, one-time RSU $5M
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- Annual base salary increased to $1,000,000 effective January 1, 2025.
- Annual target bonus opportunity set at 130% of base salary for FY2024 and thereafter.
- One-time RSU award of $5,000,000 vesting 50% on Dec 12, 2025 and Dec 12, 2026.
- Annual target long-term incentive equity grant of 350% of base salary starting FY2025.
- Six-month notice required for termination without cause by either party; severance per Company Severance Policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000119312524278516/0001193125-24-278516-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000119312524278516/d896419d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-278516

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