Stride insider receives restricted stock and rights
Stride, Inc. officer Todd Goldthwaite reported equity compensation and related tax withholding transactions.
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Form Type
4
Rhea-AI Filing Summary
Stride, Inc. officer Todd Goldthwaite reported equity compensation and related tax withholding transactions. On August 7, 2026, he received 3,636 shares of restricted common stock that vest semi-annually over three years, and an award of 1,061 restricted stock rights, each contingently convertible into one common share based on compound annual growth rates in the stock price through September 15, 2029. On August 8 and 9, 2026, a total of 236 shares of common stock were withheld at $82.51 per share to cover withholding tax on vested restricted shares.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Goldthwaite Todd
Role
MANAGING DIRECTOR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F2 | 112 | $82.51 | $9K |
| Tax Withholding | Common Stock F2 | 124 | $82.51 | $10K |
| Grant/Award | Restricted Stock Right F3 | 1,061 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 3,636 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Right — 1,061 contracts (Direct);
Common Stock — 103,861 shares (Direct)
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
Restricted stock granted: 3,636 shares
Restricted stock rights granted: 1,061 rights
Shares withheld for tax: 236 shares
+2 more
5 metrics
Restricted stock granted
3,636 shares
Restricted common stock award on August 7, 2026
Restricted stock rights granted
1,061 rights
Award of restricted stock rights on August 7, 2026
Shares withheld for tax
236 shares
Shares withheld on August 8–9, 2026 to cover withholding tax
Withholding valuation price
$82.51 per share
Closing price used to value shares withheld for tax
Restricted stock rights performance period end
September 15, 2029
Date through which stock price compound annual growth rates are measured
Key Terms
restricted stock, restricted stock rights, withholding tax, compound annual growth rates
4 terms
restricted stock financial
"These shares are restricted and vest semi-annually, with 20% vesting"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
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
"shares withheld by the Issuer upon the vesting of restricted shares to cover the executive's withholding tax"
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
"will vest based on the achievement of certain compound annual growth rates in the price"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Stride (LRN) grant to Todd Goldthwaite?
Todd Goldthwaite received 3,636 restricted common shares and an award of 1,061 restricted stock rights. Each right represents a contingent right to receive one share of Stride common stock, subject to vesting conditions.
What are the vesting conditions for Todd Goldthwaite’s 1,061 restricted stock rights in Stride (LRN)?
The 1,061 restricted stock rights vest based on achieving specified compound annual growth rates in Stride’s stock price between the award date and September 15, 2029, with possible earlier vesting under circumstances described in the award agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
