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Stride, Inc. (NYSE: LRN) CFO reports equity awards and tax share withholding

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Form Type
4

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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Insider Blackman Donna
Role CHIEF FINANCIAL OFFICER
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
Holdings After Transaction: Restricted Stock Right — 5,303 shares (Direct); Common Stock — 183,251 shares (Direct)
Footnotes (3)
  1. 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.
  2. 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.
  3. 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.
Restricted shares granted 18,180 shares Restricted common stock award to CFO on August 7, 2026
Restricted stock rights granted 5,303 rights Threshold amount of performance-based restricted stock rights expiring September 15, 2029
Tax withholding shares (Aug 9, 2026) 1,806 shares Shares withheld to cover withholding tax on vested restricted stock
Tax withholding shares (Aug 8, 2026) 562 shares Shares withheld to cover withholding tax on vested restricted stock
Withholding share price $82.51 per share Price used to determine shares withheld for tax on vesting
Performance award end date September 15, 2029 End of measurement period for restricted stock rights vesting
First-year vesting percentage 20% Portion of restricted share award vesting in the first year
Subsequent annual vesting percentage 40% Portion of restricted share award vesting in each of the next two years
restricted stock rights financial
"Represents an award of restricted stock rights, each of which represents"
Restricted stock rights are ownership claims in company shares that come with limits on when or how they can be sold or transferred, often tied to time-based or performance conditions. For investors, these rights matter because they affect when insiders truly own or can monetize shares — influencing future share supply, executive incentives, and potential stock price pressure much like a savings account that only becomes withdrawable after meeting set conditions.
withholding tax financial
"to cover the executive's withholding tax associated with the satisfaction"
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.
compound annual growth rates financial
"vest based on the achievement of certain compound annual growth rates in"

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FAQ

What equity awards did Stride (LRN) CFO Donna Blackman receive in this Form 4?

Donna Blackman received 18,180 shares of restricted common stock and 5,303 restricted stock rights. The restricted shares vest over three years, and the stock rights vest based on stock-price growth through September 15, 2029.

How do the new restricted shares for Stride (LRN) CFO vest over time?

The 18,180 restricted shares vest semi-annually, with 20% of the award vesting in the first year and 40% vesting in each of the next two years following the grant date, subject to continued service conditions.

What are the terms of the 5,303 restricted stock rights reported by Stride (LRN)?

The 5,303 restricted stock rights each represent a contingent right to one share of common stock. They vest based on achieving specified compound annual growth rates in Stride’s stock price between the award date and September 15, 2029, with earlier vesting possible in certain circumstances.

Why did Stride (LRN) withhold 1,806 and 562 shares from the CFO?

On August 9 and 8, 2026, respectively, 1,806 and 562 shares of common stock were withheld at $82.51 per share to cover Donna Blackman’s withholding tax obligations upon vesting of restricted shares, rather than representing open-market sales.

Were the transactions in this Stride (LRN) Form 4 part of a 10b5-1 plan?

The filing indicates the Rule 10b5-1 checkbox is not marked as an affirmative plan, and the footnotes describe tax withholding and vesting conditions, without stating that these transactions were executed under a pre-arranged trading plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Blackman Donna

(Last)(First)(Middle)
11720 PLAZA AMERICA DRIVE
9TH FLOOR

(Street)
RESTON VIRGINIA 20190

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Stride, Inc. [ LRN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/07/2026A(1)18,180A$0185,619D
Common Stock08/08/2026F(2)562D$82.51185,057D
Common Stock08/09/2026F(2)1,806D$82.51183,251D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Right(3)(3)08/07/2026A5,303 (3)09/15/2029Common Stock5,303$05,303D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
/s/ John C. Grothaus, Attorney-in-fact08/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)