Stride director granted 122 deferred stock units
Stride, Inc. (LRN) reports that director Brian A. Shepherd received a grant of 122 Deferred Stock Units (DSUs) on August 20, 2026 under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors.
Rhea-AI Filing Summary
Stride, Inc. (LRN) reports that director Brian A. Shepherd received a grant of 122 Deferred Stock Units (DSUs) on August 20, 2026 under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is economically equivalent to one share of common stock and becomes payable in stock (with any fractional share in cash) upon his termination of service as a director. The DSUs will vest on the earlier of August 20, 2027 or the next annual meeting of stockholders, and this amendment corrects a prior computational error in the number of derivative securities acquired.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 122 shares
Grant/Award
1 txn
Insider
Shepherd Brian A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Unit F1, F2 | 122 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Unit — 122 contracts (Direct)
Footnotes (2)
- F1. Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
- F2. The DSUs will vest on the earlier of (a) August 20, 2027 or (b) the next annual meeting of the stockholders of Stride, Inc.
Key Figures
Deferred Stock Units granted: 122 units
Price per Deferred Stock Unit: $0.00
Deferred Stock Units held after transaction: 122 units
+2 more
5 metrics
Deferred Stock Units granted
122 units
Grant of DSUs to director on August 20, 2026
Price per Deferred Stock Unit
$0.00
Reported transaction price per DSU for the August 20, 2026 grant
Deferred Stock Units held after transaction
122 units
Total DSUs held directly by the director following the reported grant
Underlying common shares
122 shares
Each DSU is economically equivalent to one share of common stock
Vesting date
August 20, 2027
DSUs vest on this date or earlier if at the next annual stockholders’ meeting
Key Terms
Deferred Stock Unit, Deferred Compensation Plan for Non-Employee Directors, economic equivalent, vest, +1 more
5 terms
Deferred Stock Unit financial
"Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Deferred Compensation Plan for Non-Employee Directors financial
"DSUs under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors"
economic equivalent financial
"Each DSU is the economic equivalent of one share of common stock"
vest financial
"The DSUs will vest on the earlier of (a) August 20, 2027 or (b) the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Stride, Inc. (LRN) report in this amended Form 4?
The company reported that director Brian A. Shepherd received a grant of 122 Deferred Stock Units (DSUs) on August 20, 2026 under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors.
Why was this Form 4/A amendment filed for Stride, Inc. (LRN)?
The amendment was filed solely to correct a computational error in the previously reported number of derivative securities acquired, updating the grant to 122 Deferred Stock Units.
When do the new Deferred Stock Units for LRN’s director vest?
The 122 DSUs will vest on the earlier of August 20, 2027 or the next annual meeting of the stockholders of Stride, Inc., as provided in the grant’s vesting terms.
What is each Deferred Stock Unit worth in the Stride, Inc. (LRN) grant?
Each DSU is described as the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable in common stock upon the director’s termination of service, with any fractional shares paid in cash.
How many Deferred Stock Units does the Stride, Inc. director hold after this transaction?
Following this grant, the director is reported to hold 122 Deferred Stock Units directly under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors.
Was the LRN director’s DSU grant made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not marked, and the DSU grant is reported simply as a grant, award, or other acquisition of derivative securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.
