[Form 4] Stride, Inc. Insider Trading Activity
Stride, Inc. (LRN) insider disclosure: Chief Financial Officer Donna Blackman reported a transaction on 08/12/2025 in which 2,508 shares of Stride common stock were disposed of at a price of $157.38 per share. After the transaction, Ms. Blackman beneficially owned 112,189 shares, held directly.
The filing explains the disposition represents shares withheld by the company to satisfy the executive's tax withholding obligations when restricted shares vested; the number withheld was calculated using the closing price on the vesting date (or the most recent prior market day if the vesting date fell on a weekend or holiday). The Form 4 was signed by an attorney-in-fact on 08/14/2025.
- None.
- None.
Insights
TL;DR: A routine tax-withholding share disposition by the CFO; disclosure is standard and not materially dilutive.
The sale of 2,508 shares at $157.38 appears to be the company withholding shares to cover tax obligations upon vesting of restricted stock, as disclosed in the form. This is a common post-vesting action and does not reflect an open-market sale initiated by the executive. The remaining direct beneficial ownership of 112,189 shares remains intact. Given the size of the withheld block relative to total reported holdings, the transaction is likely immaterial to the company’s capital structure or to investor valuation.
TL;DR: Filing meets Section 16 transparency requirements; nature of the transaction is explicitly explained as tax withholding.
The Form 4 discloses the relationship (CFO) and provides a clear explanation that the disposition was to satisfy tax withholding tied to vesting restricted shares. That explanation supports compliance with affirmative disclosure duties under Section 16. The signature by an attorney-in-fact and the inclusion of transaction details (date, price, post-transaction holdings) are appropriate for auditability and investor transparency.