Stride CFO exercises 12,890 shares, 8,747 withheld
Stride’s CFO reported equity award vesting and tax-related share withholding, with no net open-market buying or selling.
Rhea-AI Filing Summary
Stride, Inc. (LRN) reported that its chief financial officer, Donna Blackman, exercised and vested equity awards on September 16, 2026. A restricted stock right covering 12,890 shares of common stock was exercised, and a separate performance-based award vested above target for 4,834 shares of common stock. To cover related withholding taxes, 8,747 shares of common stock were withheld based on the closing price of $82.04 per share on the vesting date. No transactions were reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Right F3 | 12,890 | $0.00 | $0.00 |
| Exercise | Common Stock | 12,890 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 4,834 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 8,747 | $82.04 | $718K |
Footnotes (3)
- F1. Represents the acquisition of shares of Common Stock in connection with the vesting at above target threshold of the performance award originally granted on August 18, 2023.
- 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 vesting date.
- F3. Each restricted stock right represents a contingent right to receive one share of Stride common stock. The restricted stock rights vested 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, 2026, subject to earlier vesting in certain circumstances described in the applicable award agreement.
Key Figures
Key Terms
Restricted stock right financial
performance award financial
withholding tax financial
compound annual growth rates financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Stride (LRN) CFO Donna Blackman exercise on September 16, 2026?
Were the Stride (LRN) CFO’s transactions made under a Rule 10b5-1 trading plan?
What is the nature of the performance award reported for Stride (LRN) CFO Donna Blackman?
How do the restricted stock rights for Stride (LRN) CFO convert into common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.