Stride, Inc. (NYSE: LRN) awards 11,040 shares to executive
Rhea-AI Filing Summary
Stride, Inc. officer Todd Goldthwaite received 11,040 shares of common stock on July 29, 2026 in connection with an August 18, 2023 award after achieving performance objectives. On the same date, 4,085 shares were withheld by Stride at $97.71 per share to cover withholding taxes when restricted shares vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,955 shares
Net Buy
2 txns
Insider
Goldthwaite Todd
Role
MANAGING DIRECTOR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 11,040 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 4,085 | $97.71 | $399K |
Holdings After Transaction:
Common Stock — 100,461 shares (Direct)
Footnotes (2)
- F1. Acquisition is in connection with the August 18, 2023 award and achievement of performance objectives.
- F2. Represents the number of shares withheld by the Issuer upon the vesting of restricted shares to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Stride common stock on the vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of Stride common stock on the most recent prior market day.
Key Figures
Shares granted: 11,040 shares
Shares withheld for taxes: 4,085 shares
Tax withholding price: $97.71 per share
3 metrics
Shares granted
11,040 shares
Common stock grant on July 29, 2026 from August 18, 2023 performance award
Shares withheld for taxes
4,085 shares
Shares withheld upon vesting of restricted shares to cover withholding tax
Tax withholding price
$97.71 per share
Closing price used to calculate shares withheld on vesting date or prior market day
Key Terms
restricted shares, withholding tax, vesting conditions, performance objectives
4 terms
withholding tax financial
"to cover the executive's withholding tax associated with the satisfaction of all vesting conditions"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
vesting conditions financial
"associated with the satisfaction of all vesting conditions"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
performance objectives financial
"award and achievement of performance objectives"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock award did Stride, Inc. (LRN) grant to Todd Goldthwaite?
Stride, Inc. granted Managing Director Todd Goldthwaite 11,040 shares of common stock on July 29, 2026. This acquisition was tied to an August 18, 2023 award, following the achievement of specified performance objectives under that earlier grant.
Is Todd Goldthwaite’s Stride (LRN) equity transaction under a Rule 10b5-1 plan?
These transactions are not identified as occurring under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox was not marked, and the accompanying footnotes describe performance-based vesting and tax withholding, without referencing any pre-arranged trading arrangement.
What is Todd Goldthwaite’s role at Stride, Inc. (LRN)?
Todd Goldthwaite is an officer of Stride, Inc., serving as a Managing Director. His reported transactions involve common stock awarded in connection with meeting performance objectives and shares withheld by the issuer to satisfy related withholding tax obligations upon vesting.