[Form 4] Stride, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Stride, Inc. (LRN) – Form 4 filing dated 08/01/2025

Managing Director Todd Goldthwaite reported equity-compensation activity that settled on 07/30/2025. A performance-based award granted 09/06/2022 vested, resulting in 6,670 common shares acquired at no cost (Code A). To cover statutory withholding taxes, 2,379 shares were immediately withheld by the issuer at $129.15 per share (Code F). After the net share settlement, the executive’s direct holdings rose to 88,684 shares, a net increase of 4,291 shares. No derivative securities were involved, and there were no open-market purchases or sales.

The transaction is routine, reflects standard equity-award vesting, and does not signal a discretionary insider buy or sell.

Insights

Securities Analyst

TL;DR Routine vesting with minor net share increase; immaterial for valuation, neutral signal.

The filing shows standard equity-award vesting, not an opportunistic purchase. Although Goldthwaite’s stake grew by 4,291 shares, this represents less than 0.01 % of Stride’s outstanding shares and does not alter control dynamics. The withheld shares were priced at the market close, indicating no timing decision by the insider. Investors usually treat such F-code tax withholdings as administrative. Overall impact on sentiment, liquidity, or future earnings is negligible.

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

OMB Number:			3235-0287
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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^*

Goldthwaite Todd

(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)
	MANAGING DIRECTOR

3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025

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	07/30/2025		A(1)		6,670	A	$0	91,063	D
Common Stock	07/30/2025		F(2)		2,379	D	$129.15	88,684	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. Acquisition is in connection with the September 6, 2022 award and achievement of performance objectives.

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, 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	08/01/2025
	** 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

How many Stride (LRN) shares did the insider acquire on 07/30/2025?

6,670 shares were acquired through vesting of a performance-based award.

What price was used for the tax-withholding disposition in the Form 4?

The issuer withheld shares at $129.15, the closing price on the vesting date.

What is Todd Goldthwaite’s total direct ownership after the transactions?

He now holds 88,684 common shares of Stride, Inc.

Did the Form 4 include any derivative security activity?

No. No derivative securities were reported in Table II.

Is this transaction considered an open-market insider purchase?

No. It is a routine equity-award vesting with automatic share withholding for taxes.