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Stride director Brian A. Shepherd acquires 339 stock units

Vesting is set for the earlier of November 6, 2027, or the next annual stockholder meeting; payment follows termination of director service.

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Form Type
4

Rhea-AI Filing Summary

Stride, Inc. (LRN) director Brian A. Shepherd acquired 339 Deferred Stock Units (DSUs) on November 6, 2026. Each DSU is the economic equivalent of one share of common stock. The DSUs vest on the earlier of November 6, 2027, or the next annual meeting of stockholders, and vested DSUs become payable upon termination of his service as a director.

Insider Shepherd Brian A.
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Unit F1, F2 339 $0.00 $0.00
Holdings After Transaction: Deferred Stock Unit — 339 units (Direct)
Holdings Before and After: Deferred Stock Unit, 0 to 339 units (Direct)
Footnotes (2)
  1. F1. Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
  2. F2. The DSUs will vest on the earlier of (a) November 6, 2027 or (b) the next annual meeting of the stockholders of Stride, Inc.
Deferred Stock Units acquired 339 DSUs Acquired by Brian A. Shepherd on November 6, 2026
Underlying common stock shares 339 shares Each DSU is the economic equivalent of one share
Vesting date November 6, 2027 DSUs vest on the earlier of this date or the next annual meeting of stockholders
Deferred Stock Unit technical
"Represents Deferred Stock Units ("DSUs")"
A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.
Deferred Compensation Plan for Non-Employee Directors financial
"under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors"
economic equivalent financial
"Each DSU is the economic equivalent of one share"
vested DSUs financial
"Vested DSUs become payable upon the reporting person's termination"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many DSUs did LRN director Brian A. Shepherd receive?

Brian A. Shepherd acquired 339 DSUs on November 6, 2026. Each DSU is the economic equivalent of one share of Stride, Inc. common stock.

When do Brian A. Shepherd's LRN DSUs vest?

The DSUs vest on the earlier of November 6, 2027, or the next annual meeting of Stride, Inc. stockholders.

When are Brian A. Shepherd's LRN DSUs paid?

Vested DSUs become payable when Brian A. Shepherd's service as a director ends. Any fractional shares are paid in cash upon settlement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Shepherd Brian A.

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/06/2026
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
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
Deferred Stock Unit(1)11/06/2026A339 (2) (2)Common Stock339$0339D
Explanation of Responses:
1. Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
2. The DSUs will vest on the earlier of (a) November 6, 2027 or (b) the next annual meeting of the stockholders of Stride, Inc.
/s/ Greerson G. McMullen Sr., Attorney-in-Fact11/10/2026
** 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)

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