[144] Stride, Inc. SEC Filing
Stride, Inc. (LRN) filed a Form 144 notice for a proposed sale of 13,961 common shares through Morgan Stanley Smith Barney LLC with an aggregate market value of $2,270,932.56. The sale is scheduled approximately for 08/19/2025 on the NYSE. The shares were acquired as restricted stock from the issuer on 08/13/2024 (6,809 shares) and 08/18/2024 (7,152 shares). The filer reports no securities sold in the past 3 months and represents they are not aware of any undisclosed material adverse information. The form lists Morgan Stanley Smith Barney LLC as the broker and shows 43,626,921 shares outstanding for the class.
- None.
- Proposed insider sale: Notice of a planned sale of 13,961 shares (~$2.27M) scheduled for 08/19/2025 via Morgan Stanley Smith Barney LLC
Insights
TL;DR: Routine insider sale notice: 13,961 shares (~$2.27M) planned; no recent sales reported and shares were from restricted grants in 2024.
The Form 144 indicates a proposed sale of 13,961 common shares via Morgan Stanley with an aggregate market value of $2,270,932.56 and an approximate sale date of 08/19/2025. The shares were acquired as restricted stock on 08/13/2024 and 08/18/2024, which suggests these are recent equity awards becoming eligible for sale. There are no reported sales in the prior three months. For investors tracking insider activity, this is a clear disclosure of an intended sale but does not, by itself, provide evidence of company performance trends.
TL;DR: Disclosure appears complete for Rule 144 requirements; filer certifies absence of undisclosed material adverse information.
The filing supplies the required Rule 144 details: broker name, number of shares, aggregate value, acquisition dates and nature (restricted stock), and outstanding share count for the class. The filer expressly represents they do not possess undisclosed material adverse information. No sales during the prior three months are reported, and the filing is marked LIVE. From a compliance perspective, the notice meets the standard elements required for a proposed Rule 144 sale.