Stride Inc SEC Filings

Stride, Inc. announced a stock repurchase program authorizing the buyback of up to $500 million of its common stock, effective November 3, 2025 and running until October 31, 2026.

Repurchases may occur from time to time via open market purchases, privately negotiated transactions, or otherwise, in accordance with SEC rules and other legal requirements. The timing, price, and size of any purchases will depend on prevailing stock prices, general economic and market conditions, and other considerations.

The program does not obligate Stride to repurchase any particular amount of shares and may be suspended or discontinued at any time at the Company’s discretion.

The Vanguard Group filed an amended Schedule 13G disclosing beneficial ownership of 4,542,733 shares of Stride Inc (LRN) common stock, representing 10.41% of the class as of 09/30/2025.

The filing reports 0 shares with sole voting power and 294,332 with shared voting power. Vanguard has 4,192,875 shares with sole dispositive power and 349,858 with shared dispositive power. Vanguard states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.

Stride, Inc. (LRN) reported stronger quarterly results for the three months ended September 30, 2025. Revenue rose to $620.9 million from $551.1 million, while net income increased to $68.8 million from $40.9 million. Diluted EPS was $1.40 versus $0.94, and income from operations improved to $69.0 million from $47.3 million as gross margin expanded.

General Education revenue was $363.1 million. Career Learning reached $257.8 million, with Middle–High School at $241.5 million and Adult at $16.3 million. The effective tax rate was 17.3%, down from 21.6%.

Cash and cash equivalents ended at $518.4 million, reflecting operating cash outflows of $195.8 million that align with first‑quarter seasonality, investing outflows of $24.7 million, and financing outflows of $43.6 million. Accounts receivable increased to $809.3 million. Long‑term debt remained the $420.0 million 1.125% Convertible Senior Notes due 2027. Shares outstanding were 43,858,627 as of October 24, 2025.

Stride, Inc. (LRN) furnished a press release announcing financial results for its first quarter of fiscal 2026, covering the period ended September 30, 2025. The release is provided as Exhibit 99.1 to this report.

The information under Item 2.02, including Exhibit 99.1, is furnished, not filed, and is not subject to Section 18 liability. It will not be incorporated by reference into other filings except as expressly stated.

Stride, Inc. (LRN) seeks stockholder approvals at its 2025 Annual Meeting. The meeting is scheduled for December 4, 2025 at 11:00 a.m. ET in Washington, DC. Holders of record as of October 14, 2025 may vote; 43,859,831 shares of common stock were outstanding on the record date.

Stockholders will vote on: electing eight directors; ratifying KPMG as independent auditor for fiscal 2026; an advisory Say‑on‑Pay vote; approving an amendment and restatement of the 2016 Equity Incentive Award Plan to add 740,000 shares and extend the plan term to October 17, 2035; and approving a 2025 Employee Stock Purchase Plan. Directors are elected by plurality; a majority of votes present is required for Proposals 2–5. Abstentions and broker non‑votes count toward quorum and have the effect of votes against Proposals 2–5.

The Audit Committee reported fiscal 2025 audit fees of $1,575,000 (KPMG). The Board recommends voting “FOR” all proposals. Stride provides internet delivery of proxy materials and outlines procedures for proxy submission, revocation, and in‑person admission.

Stride, Inc. (LRN) reported a director’s compensation transaction. On 10/17/2025, the director acquired 15 Deferred Stock Units (DSUs) that vest immediately.

Each DSU equals one share of Stride common stock and becomes payable when the director’s board service ends; any fractional shares are settled in cash. After this grant, the reporting person beneficially owns 8,236 derivative securities.

Robert E. Knowling Jr. filed an initial Form 3 reporting beneficial ownership in Stride, Inc. (LRN). The filing, dated 09/16/2025, shows 2,454 shares of Stride common stock owned directly and indicates Mr. Knowling serves as a director of the issuer. The submission was signed by an attorney-in-fact on behalf of the reporting person.

Donna Blackman, Chief Financial Officer and director of Stride, Inc. (LRN), reported transactions on 09/17/2025 showing vesting and receipt of common stock tied to prior equity awards. A performance award originally granted on 09/06/2022 vested at an above-target level, yielding 20,855 shares credited with $0 cash price; restricted stock rights for the same amount also vested. The issuer withheld 18,812 shares to satisfy tax withholding at a closing price of $138.54, leaving the reporting person with 131,985 to 150,797 shares beneficially owned depending on line items. Transactions were signed by an attorney-in-fact on 09/19/2025.

James Jeaho Rhyu, who serves as Stride, Inc.'s Chief Executive Officer and a Director, reported equity changes on a Form 4 related to awards that vested on 09/18/2025. The filing shows the acquisition of 58,395 shares of common stock due to vesting of a performance award granted on 09/06/2022, and a related entry reflecting 58,395 shares tied to restricted stock rights that vested based on achievement of stock-price compound annual growth rate targets through 09/15/2025. To cover tax withholding upon vesting, 45,957 shares were withheld by the issuer at an effective price of $138.54, resulting in reported beneficial ownership figures of 777,186, 764,748 and 823,143 across the reported lines. The form is signed by an attorney-in-fact on 09/19/2025.