Stride (LRN) CFO Withholds 3,102 Shares for Taxes at $162.63
Donna Blackman, Chief Financial Officer of Stride, Inc. (LRN), reported a withholding-related disposition of company shares.
Rhea-AI Filing Summary
Donna Blackman, Chief Financial Officer of Stride, Inc. (LRN), reported a withholding-related disposition of company shares. On 08/18/2025 she had 3,102 shares withheld at a price of $162.63 per share to satisfy tax withholding obligations upon the vesting of restricted shares. After this transaction she beneficially owned 109,087 shares. The filing is a Form 4 reporting an officer transaction and was signed by an attorney-in-fact on 08/20/2025. The filing states the withheld shares were based on the closing price on the vesting date (or the prior trading day if the vesting date was a non-trading day).
Positive
- Timely and clear disclosure of the withholding transaction via Form 4
- Transaction was a tax-withholding disposition (Code F(1)), not an open-market sale
- Reporting person retains 109,087 shares after the withholding
Negative
- None.
Insights
TL;DR: Routine tax-withholding on vested restricted shares; minimal market impact.
The Form 4 discloses a Code F(1) disposition of 3,102 shares at $162.63, which the filer states were withheld to satisfy tax obligations upon vesting of restricted stock. This is a non-cash, administrative disposition rather than an open-market sale, and the filer retains a substantial stake of 109,087 shares. For investors, this indicates standard executive compensation mechanics rather than a change in insider sentiment.
TL;DR: Filing reflects compliance with Section 16 reporting and customary withholding practices.
The document is a timely Form 4 reporting an officer-level withholding event tied to restricted share vesting. The explanation explicitly ties the share withholding to tax-satisfaction mechanics and cites the pricing rule used. From a governance perspective, the disclosure is clear and consistent with routine insider reporting obligations; there is no indication of atypical compensation or undisclosed arrangements in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,102 | $162.63 | $504K |
Footnotes (1)
- F1. Represents the number of shares withheld by the Company 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.
FAQ
What transaction did Donna Blackman report on Form 4 for LRN?
What is the relationship of the reporting person to Stride, Inc. (LRN)?
When was the Form 4 signed and by whom?
AI-generated analysis. How Rhea-AI works. Not financial advice.