Adtalem Global Education Inc
For the period ended Sep 30, 2024. Filed Oct 29, 2024.
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Sep 30, 2024 · Filed Oct 29, 2024
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Item 5. Other Information
On August 29, 2024, Mr. William Burke, amember of Adtalem’s Board of Directors, entered in a 10b5-1 Preset Diversification Program (the “10b5-1 Plan”). Mr. Burke’s 10b5-1 Plan is intended to satisfy the affirmative defense of Rule 10b5-1(c). The estimated selling start date under Mr. Burke’s 10b5-1 Plan is November 28, 2024. The 10b5-1 Plan end date is November 28, 2025. The 10b5-1 Plan governs Mr. Burke’s sale of 4,000 restricted stock units (“RSUs”) that have vested. The RSUs were acquired in connection with Adtalem’s Fourth Amended and Restated Incentive Plan of 2013 for employees and directors. After such sale by Mr. Burke, he will continue to satisfy the stock ownership requirements for our board members. Transactions under 10b5-1 trading plans will be disclosed publicly through Form 144 and Form 4 filings with the SEC to the extent required by law.
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