Stride (NYSE: LRN) director receives 4,097 deferred stock units award
Rhea-AI Filing Summary
Stride, Inc. reported that one of its directors received an award of 4,097 Deferred Stock Units (DSUs) on December 4, 2025 under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of Stride common stock and is payable after the director’s service ends, with any fractional share settled in cash.
The DSUs will vest on the earlier of December 4, 2026 or the next annual meeting of Stride’s stockholders. Following this grant, the director beneficially owns 13,218 derivative securities related to Stride common stock, held directly.
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FAQ
What did Stride (LRN) report in this Form 4 filing?
The filing reports that a Stride, Inc. director received an award of 4,097 Deferred Stock Units (DSUs) under the company’s deferred compensation plan for non-employee directors.
How many Stride (LRN) Deferred Stock Units were granted to the director?
The director was granted 4,097 Deferred Stock Units (DSUs), each representing the economic equivalent of one share of Stride common stock.
When do the new Stride (LRN) Deferred Stock Units vest?
The DSUs will vest on the earlier of December 4, 2026 or the next annual meeting of the stockholders of Stride, Inc.
When are the Stride (LRN) Deferred Stock Units payable to the director?
Vested DSUs become payable upon the reporting person’s termination of service as a director, with any fractional shares paid in cash.
How many Stride (LRN) derivative securities does the director own after this transaction?
After this grant, the director beneficially owns 13,218 derivative securities related to Stride common stock, held directly.
What is a Deferred Stock Unit (DSU) in the context of Stride (LRN)?
A Deferred Stock Unit is a right to receive the economic equivalent of one share of Stride common stock at a future time, generally after service as a director ends.