[Form 4] Stride, Inc. Insider Trading Activity

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

Financial Analyst

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.

Corporate Governance Expert

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.

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^*

Blackman Donna

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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
Common Stock	08/18/2025		F(1)		3,102	D	$162.63	109,087	D

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

Explanation of Responses:

1. 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.

	/s/ John C. Grothaus, Attorney-in-fact	08/20/2025
	** 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 transaction did Donna Blackman report on Form 4 for LRN?

The filing reports 3,102 shares were disposed of on 08/18/2025 under Code F(1) to satisfy tax withholding related to vested restricted shares.

At what price were the shares withheld in the Stride (LRN) Form 4?

The shares were withheld at a price of $162.63 per share.

How many Stride (LRN) shares does the reporting person own after the transaction?

After the withholding, the reporting person beneficially owned 109,087 shares.

What is the relationship of the reporting person to Stride, Inc. (LRN)?

The reporting person is an Officer of the company, listed as Chief Financial Officer.

When was the Form 4 signed and by whom?

The form was signed by John C. Grothaus, Attorney-in-fact on 08/20/2025.