AG˹ٷ

STOCK TITAN

[Form 4] Adtalem Global Education Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Gangadharan Manjunath, Vice President and Chief Accounting Officer of Adtalem Global Education Inc. (ATGE), reported multiple transactions in a Form 4 covering August 23�27, 2025. The filing shows several dispositions to satisfy tax withholding on vested awards and a payout of performance stock units: 182 shares were disposed on 08/23/2025 and 194 and 796 shares were disposed on 08/24/2025, while 2,717 shares were issued on 08/24/2025 as payout of performance stock units. An additional sale of 944 shares occurred on 08/27/2025 at $135.67. Following these transactions, the reporting person beneficially owned 4,901 shares. The form indicates the 08/23 and 08/24 dispositions marked with code F represent satisfaction of tax withholding on vested restricted stock or performance stock units, and the 2,717 shares were issued in payout of performance stock units awarded on February 15, 2023.

Gangadharan Manjunath, Vice President e Chief Accounting Officer di Adtalem Global Education Inc. (ATGE), ha segnalato più operazioni in un Modulo 4 relative al periodo 23�27 agosto 2025. La comunicazione mostra diverse cessioni effettuate per soddisfare le ritenute fiscali su assegni maturati e un pagamento di performance stock unit: 182 azioni sono state cedute il 23/08/2025 e 194 e 796 azioni il 24/08/2025, mentre 2.717 azioni sono state emesse il 24/08/2025 come pagamento di performance stock unit. Una vendita aggiuntiva di 944 azioni è avvenuta il 27/08/2025 a $135,67. A seguito di queste operazioni, la persona segnalante deteneva di fatto 4.901 azioni. Il modulo indica che le cessioni del 23/08 e del 24/08 contrassegnate con il codice F rappresentano la soddisfazione della ritenuta fiscale sulle restricted stock o performance stock unit maturate, e che le 2.717 azioni sono state emesse come pagamento delle performance stock unit assegnate il 15 febbraio 2023.

Gangadharan Manjunath, vicepresidente y Chief Accounting Officer de Adtalem Global Education Inc. (ATGE), informó múltiples transacciones en un Formulario 4 que cubre del 23 al 27 de agosto de 2025. La presentación muestra varias disposiciones para satisfacer la retención fiscal sobre premios adquiridos y un pago de unidades de acciones por desempeño: 182 acciones se dispusieron el 23/08/2025 y 194 y 796 acciones el 24/08/2025, mientras que 2.717 acciones se emitieron el 24/08/2025 como pago de unidades de acciones por desempeño. Una venta adicional de 944 acciones tuvo lugar el 27/08/2025 a $135,67. Tras estas transacciones, la persona informante poseía de forma beneficiaria 4.901 acciones. El formulario indica que las disposiciones del 23/08 y 24/08 marcadas con el código F representan la satisfacción de la retención fiscal sobre restricted stock o performance stock units adquiridas, y que las 2.717 acciones se emitieron en pago de las performance stock units concedidas el 15 de febrero de 2023.

Gangadharan Manjunath, 부사장 � Adtalem Global Education Inc. (ATGE) 최고회계책임�(Chief Accounting Officer),� 2025� 8� 23일~27일에 걸친 여러 거래� Form 4� 보고했습니다. 제출서류에는 성과 기반 주식� 귀�(vesting)� 따른 세금 원천징수� 충당하기 위한 여러 처분� 성과 주식 단위(PSU)� 지급이 나타� 있습니다: 182주가 2025-08-23� 처분되었�, 194� � 796주는 2025-08-24� 처분되었으며, 2,717주가 2025-08-24� 성과 주식 단위 지급으� 발행되었습니�. 추가� 944주가 2025-08-27� 주당 $135.67� 매도되었습니�. � 거래� 이후 보고자는 실질적으� 4,901�� 보유하고 있었습니�. 서류� 코드 F� 표시� 08/23 � 08/24� 처분� 귀속된 제한�(restricted stock) 또는 성과 주식 단위� 대� 세금 원천징수 충당� 의미하며, 2,717주는 2023� 2� 15일에 부여된 성과 주식 단위� 지급으� 발행되었음을 나타냅니�.

Gangadharan Manjunath, Vice-président et Chief Accounting Officer d'Adtalem Global Education Inc. (ATGE), a déclaré plusieurs transactions dans un Formulaire 4 couvrant la période du 23 au 27 août 2025. Le dépôt fait état de plusieurs cessions visant à couvrir la retenue d'impôt sur des attributions acquises et d'un paiement d'unités d'actions à la performance : 182 actions ont été cédées le 23/08/2025 et 194 et 796 actions le 24/08/2025, tandis que 2 717 actions ont été émises le 24/08/2025 en paiement d'unités d'actions à la performance. Une vente supplémentaire de 944 actions a eu lieu le 27/08/2025 au prix de 135,67 $. À la suite de ces opérations, la personne déclarante détenait effectivement 4 901 actions. Le formulaire indique que les cessions des 23/08 et 24/08, marquées du code F, correspondent à la couverture de la retenue d'impôt sur des restricted stock ou des performance stock units acquises, et que les 2 717 actions ont été émises en paiement des performance stock units attribuées le 15 février 2023.

Gangadharan Manjunath, Vice President und Chief Accounting Officer von Adtalem Global Education Inc. (ATGE), meldete mehrere Transaktionen in einem Form 4 für den Zeitraum 23.�27. August 2025. Die Einreichung zeigt mehrere Veräußerungen zur Begleichung der Steuerabzüge auf ausgeübte Zuwendungen und eine Auszahlung von Performance-Stock-Units: 182 Aktien wurden am 23.08.2025 veräußert und 194 sowie 796 Aktien am 24.08.2025, während 2.717 Aktien am 24.08.2025 als Auszahlung von Performance-Stock-Units ausgegeben wurden. Ein weiterer Verkauf von 944 Aktien fand am 27.08.2025 zu $135,67 statt. Nach diesen Transaktionen hielt die meldende Person wirtschaftlich 4.901 Aktien. Das Formular gibt an, dass die Veräußerungen am 23.08. und 24.08., gekennzeichnet mit Code F, die Begleichung der Steuerabzüge auf zugefallene Restricted Stock oder Performance-Stock-Units darstellen, und dass die 2.717 Aktien als Auszahlung der am 15. Februar 2023 gewährten Performance-Stock-Units ausgegeben wurden.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine insider share issuances and tax-withholding sales; no indication of material change to ownership stake.

The Form 4 discloses typical post-vest activity: tax-withholding sales (codes labeled F) tied to vesting events and a one-time payout of 2,717 shares from performance stock units. The sequence reduced reported holdings but also reflects compensation realization rather than open-market strategic selling. The final reported beneficial ownership of 4,901 shares is presented without additional context on percentage ownership or recent historic holdings, so the filing appears operationally routine and not clearly material to the companys capital structure.

TL;DR: Transactions align with compensation vesting and tax-withholding mechanics; corporate governance implications are routine.

The report identifies stock issued as compensation (performance stock units awarded 02/15/2023) and multiple dispositions to satisfy tax obligations on vesting events. Such filings are standard for officers receiving equity-based pay. The signature by an attorney-in-fact indicates the filing was executed on behalf of the reporting person. There is no disclosure here of any unusual trading plan amendment or extraordinary insider disposition beyond settling withholding obligations.

Gangadharan Manjunath, Vice President e Chief Accounting Officer di Adtalem Global Education Inc. (ATGE), ha segnalato più operazioni in un Modulo 4 relative al periodo 23�27 agosto 2025. La comunicazione mostra diverse cessioni effettuate per soddisfare le ritenute fiscali su assegni maturati e un pagamento di performance stock unit: 182 azioni sono state cedute il 23/08/2025 e 194 e 796 azioni il 24/08/2025, mentre 2.717 azioni sono state emesse il 24/08/2025 come pagamento di performance stock unit. Una vendita aggiuntiva di 944 azioni è avvenuta il 27/08/2025 a $135,67. A seguito di queste operazioni, la persona segnalante deteneva di fatto 4.901 azioni. Il modulo indica che le cessioni del 23/08 e del 24/08 contrassegnate con il codice F rappresentano la soddisfazione della ritenuta fiscale sulle restricted stock o performance stock unit maturate, e che le 2.717 azioni sono state emesse come pagamento delle performance stock unit assegnate il 15 febbraio 2023.

Gangadharan Manjunath, vicepresidente y Chief Accounting Officer de Adtalem Global Education Inc. (ATGE), informó múltiples transacciones en un Formulario 4 que cubre del 23 al 27 de agosto de 2025. La presentación muestra varias disposiciones para satisfacer la retención fiscal sobre premios adquiridos y un pago de unidades de acciones por desempeño: 182 acciones se dispusieron el 23/08/2025 y 194 y 796 acciones el 24/08/2025, mientras que 2.717 acciones se emitieron el 24/08/2025 como pago de unidades de acciones por desempeño. Una venta adicional de 944 acciones tuvo lugar el 27/08/2025 a $135,67. Tras estas transacciones, la persona informante poseía de forma beneficiaria 4.901 acciones. El formulario indica que las disposiciones del 23/08 y 24/08 marcadas con el código F representan la satisfacción de la retención fiscal sobre restricted stock o performance stock units adquiridas, y que las 2.717 acciones se emitieron en pago de las performance stock units concedidas el 15 de febrero de 2023.

Gangadharan Manjunath, 부사장 � Adtalem Global Education Inc. (ATGE) 최고회계책임�(Chief Accounting Officer),� 2025� 8� 23일~27일에 걸친 여러 거래� Form 4� 보고했습니다. 제출서류에는 성과 기반 주식� 귀�(vesting)� 따른 세금 원천징수� 충당하기 위한 여러 처분� 성과 주식 단위(PSU)� 지급이 나타� 있습니다: 182주가 2025-08-23� 처분되었�, 194� � 796주는 2025-08-24� 처분되었으며, 2,717주가 2025-08-24� 성과 주식 단위 지급으� 발행되었습니�. 추가� 944주가 2025-08-27� 주당 $135.67� 매도되었습니�. � 거래� 이후 보고자는 실질적으� 4,901�� 보유하고 있었습니�. 서류� 코드 F� 표시� 08/23 � 08/24� 처분� 귀속된 제한�(restricted stock) 또는 성과 주식 단위� 대� 세금 원천징수 충당� 의미하며, 2,717주는 2023� 2� 15일에 부여된 성과 주식 단위� 지급으� 발행되었음을 나타냅니�.

Gangadharan Manjunath, Vice-président et Chief Accounting Officer d'Adtalem Global Education Inc. (ATGE), a déclaré plusieurs transactions dans un Formulaire 4 couvrant la période du 23 au 27 août 2025. Le dépôt fait état de plusieurs cessions visant à couvrir la retenue d'impôt sur des attributions acquises et d'un paiement d'unités d'actions à la performance : 182 actions ont été cédées le 23/08/2025 et 194 et 796 actions le 24/08/2025, tandis que 2 717 actions ont été émises le 24/08/2025 en paiement d'unités d'actions à la performance. Une vente supplémentaire de 944 actions a eu lieu le 27/08/2025 au prix de 135,67 $. À la suite de ces opérations, la personne déclarante détenait effectivement 4 901 actions. Le formulaire indique que les cessions des 23/08 et 24/08, marquées du code F, correspondent à la couverture de la retenue d'impôt sur des restricted stock ou des performance stock units acquises, et que les 2 717 actions ont été émises en paiement des performance stock units attribuées le 15 février 2023.

Gangadharan Manjunath, Vice President und Chief Accounting Officer von Adtalem Global Education Inc. (ATGE), meldete mehrere Transaktionen in einem Form 4 für den Zeitraum 23.�27. August 2025. Die Einreichung zeigt mehrere Veräußerungen zur Begleichung der Steuerabzüge auf ausgeübte Zuwendungen und eine Auszahlung von Performance-Stock-Units: 182 Aktien wurden am 23.08.2025 veräußert und 194 sowie 796 Aktien am 24.08.2025, während 2.717 Aktien am 24.08.2025 als Auszahlung von Performance-Stock-Units ausgegeben wurden. Ein weiterer Verkauf von 944 Aktien fand am 27.08.2025 zu $135,67 statt. Nach diesen Transaktionen hielt die meldende Person wirtschaftlich 4.901 Aktien. Das Formular gibt an, dass die Veräußerungen am 23.08. und 24.08., gekennzeichnet mit Code F, die Begleichung der Steuerabzüge auf zugefallene Restricted Stock oder Performance-Stock-Units darstellen, und dass die 2.717 Aktien als Auszahlung der am 15. Februar 2023 gewährten Performance-Stock-Units ausgegeben wurden.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gangadharan Manjunath

(Last) (First) (Middle)
233 S. WACKER DRIVE
SUITE 800

(Street)
CHICAGO IL 60606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Adtalem Global Education Inc. [ ATGE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 08/23/2025 F 182(1) D $134.88 4,118 D
Common Stock 08/24/2025 F 194(1) D $134.88 3,924 D
Common Stock 08/24/2025 A 2,717(2) A $134.88 6,641 D
Common Stock 08/24/2025 F 796(3) D $134.88 5,845 D
Common Stock 08/27/2025 S 944 D $135.67 4,901 D
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 Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
2. Common stock issued in payout of performance stock units awarded on February 15, 2023.
3. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded performance stock units.
/s/ Lawrence C. Bachman, attorney-in-fact for Mr. Gangadharan 08/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.
Adtalem Global Ed Inc

NYSE:ATGE

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4.89B
35.12M
2.25%
101.53%
2.75%
Education & Training Services
Services-educational Services
United States
CHICAGO