Stride (NYSE: LRN) CFO uses 3,395 shares to cover tax bill
Rhea-AI Filing Summary
Stride, Inc. (LRN) reported an insider equity transaction by Chief Financial Officer Donna Blackman. On 2026-08-18, 3,395 shares of common stock were disposed of through shares being withheld to cover the executive's withholding tax upon the vesting of restricted shares. After this tax-withholding event, Donna Blackman directly held 179,856 shares of Stride common stock.
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Insights
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Insider Trade Summary
Net Seller: 3,395 shares
Net Sell
1 txn
Insider
Blackman Donna
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 3,395 | $83.76 | $284K |
Holdings After Transaction:
Common Stock — 179,856 shares (Direct)
Footnotes (1)
- F1. 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 vesting date, or if the vesting date fell on a weekend or market holiday, upon the closing price of a share of Stride common stock on the most recent prior market day.
Key Figures
Shares withheld for tax liability: 3,395 shares
Per-share valuation for withholding: $83.76 per share
Shares held after transaction: 179,856 shares
3 metrics
Shares withheld for tax liability
3,395 shares
Common stock withheld on 2026-08-18 to cover withholding tax on vesting of restricted shares
Per-share valuation for withholding
$83.76 per share
Value used to determine number of shares withheld upon vesting
Shares held after transaction
179,856 shares
Direct ownership of Stride common stock by Donna Blackman after the tax-withholding event
Key Terms
withholding tax, restricted shares, vesting conditions, closing price
4 terms
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.
vesting conditions financial
"associated with the satisfaction of all vesting conditions"
Vesting conditions are the rules that determine when someone earning company stock or stock options actually gains the right to keep or sell them, typically based on staying with the company for a set time or meeting performance targets. Think of it like keys that unlock gradually — some unlock by calendar date, others only after agreed milestones. Investors care because vesting shapes management incentives, the timing of share sales, and the number of shares that can enter the market, which can affect a company's valuation and ownership mix.
closing price financial
"based upon the closing price of a share of Stride common stock on the vesting date"
FAQ
What insider transaction did Stride, Inc. (LRN) report for Donna Blackman?
Stride, Inc. reported that Chief Financial Officer Donna Blackman had 3,395 shares of common stock withheld on 2026-08-18 to cover withholding tax due upon the vesting of restricted shares, as disclosed in a Form 4 filing.
Was the Stride (LRN) Form 4 transaction a market sale or a tax withholding?
The Form 4 states the transaction was a payment of tax liability by delivering or withholding securities. The 3,395 shares were withheld by Stride upon vesting of restricted shares, rather than sold in an open-market transaction.
Does the Stride (LRN) Form 4 involve a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false). The transaction is described instead as shares withheld to satisfy the executive's withholding tax upon vesting of restricted shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.