AG˹ٷ

STOCK TITAN

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

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

Adtalem Global Education Inc. (ATGE) reporting person Maurice Herrera, SVP and Chief Marketing Officer, disclosed equity transactions on August 23-24, 2025. The filing shows common stock issued in payout of performance stock units and multiple dispositions to satisfy tax-withholding obligations. Transactions occurred at a reported price of $134.88 per share. The filing lists two issuance events totaling 18,509 shares issued (9,757 and 8,752) and four withholding-related dispositions totaling 11,071 shares disposed (4,979; 880; 734; 4,478), resulting in a net increase of 7,438 shares across the reported dates. The amount of common stock beneficially owned following the final reported transaction is 19,177 shares (direct ownership). The form is signed by an attorney-in-fact for Mr. Herrera on 08/27/2025.

Adtalem Global Education Inc. (ATGE): la persona segnalante Maurice Herrera, SVP e Chief Marketing Officer, ha comunicato operazioni azionarie svoltesi il 23-24 agosto 2025. La denuncia indica emissioni di azioni ordinarie a titolo di pagamento di unità azionarie legate alla performance e varie cessioni per assolvere obblighi di ritenuta fiscale. Le transazioni sono state registrate a un prezzo di $134.88 per azione. Sono elencati due eventi di emissione per un totale di 18.509 azioni emesse (9.757 e 8.752) e quattro disposizioni correlate alla ritenuta per un totale di 11.071 azioni cedute (4.979; 880; 734; 4.478), con un incremento netto di 7.438 azioni nelle date indicate. Dopo l’ultima operazione segnalata, la partecipazione diretta detenuta è di 19.177 azioni. Il modulo è firmato da un procuratore per conto del Sig. Herrera in data 27/08/2025.

Adtalem Global Education Inc. (ATGE): el informante Maurice Herrera, SVP y Chief Marketing Officer, declaró operaciones sobre acciones realizadas el 23 y 24 de agosto de 2025. El documento refleja acciones ordinarias emitidas como pago de unidades de acciones por desempeño y varias enajenaciones para cubrir obligaciones de retención fiscal. Las transacciones constan a un precio reportado de $134.88 por acción. Se registran dos emisiones que suman 18.509 acciones emitidas (9.757 y 8.752) y cuatro disposiciones por retenciones que totalizan 11.071 acciones enajenadas (4.979; 880; 734; 4.478), resultando en un incremento neto de 7.438 acciones en las fechas informadas. Tras la última operación declarada, la tenencia directa de acciones es de 19.177. El formulario está firmado por un apoderado del Sr. Herrera el 27/08/2025.

Adtalem Global Education Inc. (ATGE) 관� 보도: 보고� Maurice Herrera(부사장 � 최고마케팅책임자)� 2025� 8� 23~24일에 주식 거래� 공시했습니다. 제출서에� 성과 연동 주식 단위� 지급을 위한 보통� 발행� 세금 원천징수 의무 이행� 위한 여러 처분� 기재되어 있습니다. 거래� 주당 $134.88� 보고되었습니�. � 18,509� 발행(9,757� � 8,752�)으로 � 차례 발행� 있었�, 원천징수 관� � 건의 처분으로 � 11,071� 처분(4,979; 880; 734; 4,478)� 이루어져 보고� 기간 동안 순증가분은 7,438�입니�. 최종 보고 거래 � 직접 보유 주식 수는 19,177�입니�. 해당 서류� 2025� 08/27� Herrera 씨를 대리하� 법정대리인� 서명했습니다.

Adtalem Global Education Inc. (ATGE) : la personne déclarante Maurice Herrera, SVP et Chief Marketing Officer, a déclaré des opérations sur titre datées des 23 et 24 août 2025. Le dépôt indique des actions ordinaires émises en paiement d’unités d’actions liées à la performance et plusieurs cessions pour satisfaire des obligations de retenue fiscale. Les transactions sont portées à un prix déclaré de 134,88 $ par action. Sont répertoriés deux événements d’émission totalisant 18 509 actions émises (9 757 et 8 752) et quatre cessions liées aux retenues totalisant 11 071 actions cédées (4 979; 880; 734; 4 478), entraînant une augmentation nette de 7 438 actions sur les dates signalées. Après la dernière opération déclarée, la détention directe est de 19 177 actions. Le formulaire est signé par un mandataire pour M. Herrera le 27/08/2025.

Adtalem Global Education Inc. (ATGE): Die meldende Person Maurice Herrera, SVP und Chief Marketing Officer, gab Aktiengeschäfte vom 23.�24. August 2025 an. Die Einreichung zeigt Stammaktien, die zur Auszahlung von Performance-Aktieneinheiten ausgegeben wurden, sowie mehrere Veräußerungen zur Begleichung steuerlicher Einbehaltspflichten. Die Transaktionen wurden mit einem gemeldeten Preis von $134.88 je Aktie durchgeführt. Gelistet sind zwei Emissionsereignisse mit insgesamt 18.509 ausgegebenen Aktien (9.757 und 8.752) und vier einbehaltungsbedingte Veräußerungen mit insgesamt 11.071 veräußerten Aktien (4.979; 880; 734; 4.478), was zu einer Nettozunahme von 7.438 Aktien über die angegebenen Daten führt. Nach der letzten gemeldeten Transaktion beläuft sich der direkte Aktienbesitz auf 19.177 Aktien. Das Formular ist am 27.08.2025 von einem Bevollmächtigten für Herrn Herrera unterzeichnet.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Insider received vested performance shares and sold portions to cover taxes, leaving a net increase in direct ownership.

The Form 4 documents routine equity compensation activity: two payouts of performance stock units produced 9,757 and 8,752 shares, and four withholding transactions removed shares to satisfy tax obligations. All transactions are at the same reported price of $134.88, consistent with a single close price reference used for tax withholding calculations. Net share change across the two reporting dates is +7,438 shares, leaving 19,177 shares held directly. This is standard post-vesting activity and does not itself indicate change in corporate control or a broad shift in insider conviction.

TL;DR: Filing appears complete for the disclosed vesting and withholding events and is properly executed by attorney-in-fact.

The report includes explicit explanations linking each issuance and disposition to performance stock unit payouts and tax withholding for vested RSUs/PSUs. Transaction codes and explanatory footnotes align with standard Form 4 practice. The signature block shows lawful execution by an attorney-in-fact dated 08/27/2025. No regulatory exceptions, amendments, or corrective disclosures are present in the provided content.

Adtalem Global Education Inc. (ATGE): la persona segnalante Maurice Herrera, SVP e Chief Marketing Officer, ha comunicato operazioni azionarie svoltesi il 23-24 agosto 2025. La denuncia indica emissioni di azioni ordinarie a titolo di pagamento di unità azionarie legate alla performance e varie cessioni per assolvere obblighi di ritenuta fiscale. Le transazioni sono state registrate a un prezzo di $134.88 per azione. Sono elencati due eventi di emissione per un totale di 18.509 azioni emesse (9.757 e 8.752) e quattro disposizioni correlate alla ritenuta per un totale di 11.071 azioni cedute (4.979; 880; 734; 4.478), con un incremento netto di 7.438 azioni nelle date indicate. Dopo l’ultima operazione segnalata, la partecipazione diretta detenuta è di 19.177 azioni. Il modulo è firmato da un procuratore per conto del Sig. Herrera in data 27/08/2025.

Adtalem Global Education Inc. (ATGE): el informante Maurice Herrera, SVP y Chief Marketing Officer, declaró operaciones sobre acciones realizadas el 23 y 24 de agosto de 2025. El documento refleja acciones ordinarias emitidas como pago de unidades de acciones por desempeño y varias enajenaciones para cubrir obligaciones de retención fiscal. Las transacciones constan a un precio reportado de $134.88 por acción. Se registran dos emisiones que suman 18.509 acciones emitidas (9.757 y 8.752) y cuatro disposiciones por retenciones que totalizan 11.071 acciones enajenadas (4.979; 880; 734; 4.478), resultando en un incremento neto de 7.438 acciones en las fechas informadas. Tras la última operación declarada, la tenencia directa de acciones es de 19.177. El formulario está firmado por un apoderado del Sr. Herrera el 27/08/2025.

Adtalem Global Education Inc. (ATGE) 관� 보도: 보고� Maurice Herrera(부사장 � 최고마케팅책임자)� 2025� 8� 23~24일에 주식 거래� 공시했습니다. 제출서에� 성과 연동 주식 단위� 지급을 위한 보통� 발행� 세금 원천징수 의무 이행� 위한 여러 처분� 기재되어 있습니다. 거래� 주당 $134.88� 보고되었습니�. � 18,509� 발행(9,757� � 8,752�)으로 � 차례 발행� 있었�, 원천징수 관� � 건의 처분으로 � 11,071� 처분(4,979; 880; 734; 4,478)� 이루어져 보고� 기간 동안 순증가분은 7,438�입니�. 최종 보고 거래 � 직접 보유 주식 수는 19,177�입니�. 해당 서류� 2025� 08/27� Herrera 씨를 대리하� 법정대리인� 서명했습니다.

Adtalem Global Education Inc. (ATGE) : la personne déclarante Maurice Herrera, SVP et Chief Marketing Officer, a déclaré des opérations sur titre datées des 23 et 24 août 2025. Le dépôt indique des actions ordinaires émises en paiement d’unités d’actions liées à la performance et plusieurs cessions pour satisfaire des obligations de retenue fiscale. Les transactions sont portées à un prix déclaré de 134,88 $ par action. Sont répertoriés deux événements d’émission totalisant 18 509 actions émises (9 757 et 8 752) et quatre cessions liées aux retenues totalisant 11 071 actions cédées (4 979; 880; 734; 4 478), entraînant une augmentation nette de 7 438 actions sur les dates signalées. Après la dernière opération déclarée, la détention directe est de 19 177 actions. Le formulaire est signé par un mandataire pour M. Herrera le 27/08/2025.

Adtalem Global Education Inc. (ATGE): Die meldende Person Maurice Herrera, SVP und Chief Marketing Officer, gab Aktiengeschäfte vom 23.�24. August 2025 an. Die Einreichung zeigt Stammaktien, die zur Auszahlung von Performance-Aktieneinheiten ausgegeben wurden, sowie mehrere Veräußerungen zur Begleichung steuerlicher Einbehaltspflichten. Die Transaktionen wurden mit einem gemeldeten Preis von $134.88 je Aktie durchgeführt. Gelistet sind zwei Emissionsereignisse mit insgesamt 18.509 ausgegebenen Aktien (9.757 und 8.752) und vier einbehaltungsbedingte Veräußerungen mit insgesamt 11.071 veräußerten Aktien (4.979; 880; 734; 4.478), was zu einer Nettozunahme von 7.438 Aktien über die angegebenen Daten führt. Nach der letzten gemeldeten Transaktion beläuft sich der direkte Aktienbesitz auf 19.177 Aktien. Das Formular ist am 27.08.2025 von einem Bevollmächtigten für Herrn Herrera unterzeichnet.

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).
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*
Herrera Maurice

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

(Street)
CHICAGO 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)
SVP - Chief Marketing 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 A 9,757(1) A $134.88 21,496 D
Common Stock 08/23/2025 F 4,979(2) D $134.88 16,517 D
Common Stock 08/23/2025 F 880(3) D $134.88 15,637 D
Common Stock 08/24/2025 F 734(3) D $134.88 14,903 D
Common Stock 08/24/2025 A 8,752(4) A $134.88 23,655 D
Common Stock 08/24/2025 F 4,478(5) D $134.88 19,177 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. Common stock issued in payout of Growth with Purpose ("GwP") performance stock units awarded on August 23, 2023.
2. Represents the satisfaction of tax withholding obligations upon the vesting of the GwP performance stock units.
3. Represents the satisfaction of tax withholding obligations upon the vesting of previously awarded restricted stock units.
4. Common stock issued in payout of performance stock units awarded on February 15, 2023.
5. 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. Herrera 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.

FAQ

What transactions did Maurice Herrera (ATGE) report on Form 4?

The Form 4 reports stock issued from performance stock unit payouts on 08/23/2025 and 08/24/2025, and four dispositions to satisfy tax withholding on those vestings.

How many shares were acquired and at what price in the ATGE Form 4?

The filing shows 18,509 shares issued (9,757 and 8,752) acquired in payouts, with a reported transaction price of $134.88 per share.

How many shares were disposed to cover taxes in the ATGE filing?

Four withholding-related dispositions totaled 11,071 shares (4,979; 880; 734; 4,478) as disclosed in the Form 4.

What is Maurice Herrera's beneficial ownership after these transactions?

Following the reported transactions, the Form 4 shows 19,177 shares beneficially owned directly by Mr. Herrera.

Who signed the Form 4 for Maurice Herrera and when?

The Form 4 is signed by Lawrence C. Bachman, attorney-in-fact for Mr. Herrera, dated 08/27/2025.
Adtalem Global Ed Inc

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ATGE Stock Data

4.87B
35.12M
2.25%
101.53%
2.75%
Education & Training Services
Services-educational Services
United States
CHICAGO