Stride, Inc. (NYSE: LRN) CFO reports equity awards and tax share withholding
Rhea-AI Filing Summary
Stride, Inc. executive Donna Blackman, the Chief Financial Officer, reported equity compensation and related tax withholding transactions. On August 7, 2026, she was granted 18,180 shares of restricted common stock that are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date. She also received an award of 5,303 restricted stock rights, each representing a contingent right to receive one share of common stock, which will vest based on achieving specified compound annual growth rates in the company’s stock price between the award date and September 15, 2029, with the amount reported representing the threshold level under the award. On August 8 and 9, 2026, a total of 1,806 and 562 shares of common stock, respectively, were delivered or withheld at $82.51 per share to cover the executive’s withholding tax obligations upon the vesting of restricted shares.
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 1,806 | $82.51 | $149K |
| Tax Withholding | Common Stock F2 | 562 | $82.51 | $46K |
| Grant/Award | Restricted Stock Right F3 | 5,303 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 18,180 | $0.00 | $0.00 |
Footnotes (3)
- F1. These shares are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date.
- 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 most recent prior market day.
- F3. Represents an award of restricted stock rights, each of which represents a contingent right to receive one share of the Company's common stock. The restricted stock rights will vest based on the achievement of certain compound annual growth rates in the price of the Company's common stock between the award date and September 15, 2029, subject to earlier vesting in certain circumstances described in the applicable award agreement. The amount reported herein represents the threshold amount under the award.
Key Figures
Key Terms
restricted stock rights financial
withholding tax financial
compound annual growth rates financial
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