STOCK TITAN

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.

(Neutral)
(Neutral)
Form Type
4

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 Blackman Donna
Role CHIEF FINANCIAL OFFICER
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
Holdings After Transaction: Restricted Stock Right — 0 contracts (Direct); Common Stock — 194,892 shares (Direct)
Footnotes (3)
  1. 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.
  2. 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.
  3. 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.
Restricted stock rights exercised 12,890 shares Restricted stock right converted into common stock on September 16, 2026
Performance award vested 4,834 shares Shares acquired upon vesting above target of performance award granted August 18, 2023
Shares withheld for taxes 8,747 shares Withheld upon vesting of restricted shares to cover withholding tax
Withholding reference price $82.04 per share Closing price used to determine number of shares withheld on vesting date
Derivative exercise transactions 1 transaction, 12,890 shares Exercise or conversion of derivative security (restricted stock right)
Tax-liability share disposition 1 transaction, 8,747 shares Shares delivered or withheld for payment of withholding tax liability (code F)
Restricted stock right financial
"Each restricted stock right represents a contingent right to receive one share"
performance award financial
"vesting at above target threshold of the performance award originally granted"
withholding tax financial
"to cover the executive's withholding tax associated with the satisfaction"
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
"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) CFO Donna Blackman exercise on September 16, 2026?

She exercised a restricted stock right for 12,890 shares of Stride common stock and received 4,834 shares from a performance award that vested above target, both as reported for September 16, 2026.

How many Stride (LRN) shares were withheld for taxes in this Form 4?

A total of 8,747 shares of Stride common stock were withheld to cover the executive’s withholding tax upon vesting, based on the $82.04 closing price per share on the vesting date.

Were the Stride (LRN) CFO’s transactions made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not marked as being under a plan, and the footnotes do not state that these transactions were executed pursuant to any trading plan.

What is the nature of the performance award reported for Stride (LRN) CFO Donna Blackman?

The 4,834-share award reflects vesting at above target threshold of a performance award originally granted on August 18, 2023, tied to achievement of specified performance conditions.

How do the restricted stock rights for Stride (LRN) CFO convert into common stock?

Each restricted stock right represents a contingent right to receive one share of Stride common stock. Vesting depended on compound annual growth rates in the stock price between the August 18, 2023 award date and September 15, 2026.

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)
09/16/2026
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 Stock09/16/2026M12,890A$0198,805D
Common Stock09/16/2026A(1)4,834A$0203,639D
Common Stock09/16/2026F(2)8,747D$82.04194,892D
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
Restricted Stock Right(3)09/16/2026M12,890 (3)09/15/2026Common Stock12,890$00D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
/s/ John C. Grothaus, Attorney-in-fact09/18/2026
** 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)

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