Stride, Inc. (LRN) grants 4,097 deferred stock units to non-employee director

Rhea-AI Filing Summary

Stride, Inc.December 4, 2025, the non-employee director received 4,097 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 Stride common stock, and any fractional shares will be settled in cash.

The DSUs will vest on the earlier of December 4, 2026 or the next annual meeting of Stride stockholders. After this award, the director beneficially owns 12,333 derivative securities, reported as held directly. The DSUs are payable when the director’s board service ends, so this grant defers compensation into equity aligned with the company’s share performance.

12/08/2025 - 05:11 PM

SEC Form 4

FORM 4

UNITED 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

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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^*

SMITH RALPH R

(Last) (First) (Middle)

11720 PLAZA AMERICA DRIVE

9TH FLOOR

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Stride, Inc. [ LRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Unit	(1)	12/04/2025		A		4,097		(2)	(2)	Common Stock	4,097	$0	12,333	D

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) December 4, 2026 or (b) the next annual meeting of the stockholders of Stride, Inc.

	/s/ John C. Grothaus, Attorney-in-fact	12/08/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Stride, Inc. (LRN) disclose in this Form 4 filing?

Stride, Inc. disclosed that a non-employee director received 4,097 Deferred Stock Units (DSUs) on December 4, 2025 under its Deferred Compensation Plan for Non-Employee Directors.

How many Stride (LRN) deferred stock units were granted to the director?

The director was granted 4,097 Deferred Stock Units (DSUs), each representing the economic equivalent of one share of Stride, Inc. common stock.

When do the new Stride, Inc. (LRN) DSUs vest?

The 4,097 DSUs will vest on the earlier of December 4, 2026 or the next annual meeting of Stride, Inc. stockholders.

What is the economic value of the Stride (LRN) DSUs to the director?

Each Deferred Stock Unit is described as the economic equivalent of one share of Stride, Inc. common stock, with any fractional shares paid in cash upon settlement.

How many derivative securities does the Stride (LRN) director own after this transaction?

After the reported award, the director beneficially owns 12,333 derivative securities related to Stride, Inc., held directly.

When will the Stride, Inc. (LRN) DSUs be paid to the director?

The vested DSUs become payable upon the director’s termination of service as a member of the Stride, Inc. board, with fractional shares paid in cash.