Stride, Inc. (LRN) director receives 4,097 deferred stock units grant
Rhea-AI Filing Summary
Stride, Inc. reported an equity award to one of its non-employee directors in the form of deferred stock units. On 12/04/2025, the director acquired 4,097 deferred stock units under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors at a price of $0 per unit. Each deferred stock unit is economically equivalent to one share of Stride common stock and becomes payable when the director’s board service ends. These new units will vest on the earlier of December 4, 2026, or the next annual meeting of Stride stockholders. Following this grant, the director beneficially owns 16,955 derivative securities in the form of deferred stock units, held directly.
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FAQ
What did Stride, Inc. (LRN) disclose in this Form 4 filing?
Stride, Inc. disclosed that a non-employee director acquired 4,097 deferred stock units under the company’s Deferred Compensation Plan for Non-Employee Directors on 12/04/2025.
How many deferred stock units does the Stride, Inc. director now hold?
After the reported transaction, the director beneficially owns 16,955 deferred stock units, all reported as held in direct ownership.
When do the newly granted Stride (LRN) deferred stock units vest?
The 4,097 deferred stock units will vest on the earlier of December 4, 2026 or the next annual meeting of Stride, Inc. stockholders.
What is a deferred stock unit in the Stride, Inc. director plan?
Each deferred stock unit is the economic equivalent of one share of Stride common stock and is generally payable when the director’s service on the board ends. Any fractional share amount will be paid in cash upon settlement.
Did the Stride, Inc. director pay any cash for these deferred stock units?
No, the Form 4 reports the acquisition of the 4,097 deferred stock units at a price of $0 per unit under the non-employee director compensation plan.
What relationship does the reporting person have to Stride, Inc. (LRN)?
The reporting person is identified as a Director of Stride, Inc., and the Form 4 is filed for one reporting person.