STOCK TITAN

Stride (NYSE: LRN) CFO uses 3,395 shares to cover tax bill

(High)
(Neutral)
Form Type
4

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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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)
  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.
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
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.
restricted shares financial
"upon the vesting of restricted shares to cover the executive's withholding tax"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
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.

At what price were the Stride (LRN) shares valued for Donna Blackman’s tax withholding?

The 3,395 shares withheld for tax purposes were valued at $83.76 per share. The filing explains this amount was based on the closing price of Stride common stock on the vesting date or the most recent prior market day.

How many Stride (LRN) shares does Donna Blackman hold after this Form 4 transaction?

Following the tax-withholding transaction, Chief Financial Officer Donna Blackman directly held 179,856 shares of Stride, Inc. common stock, as reported in the Form 4 filing.

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.

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Learn about SEC filing dates
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)
08/18/2026
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 Stock08/18/2026F(1)3,395D$83.76179,856D
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
Explanation of Responses:
1. 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.
/s/ John C. Grothaus, Attorney-in-fact08/20/2026
** 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)