[Form 4] Stride, Inc. Insider Trading Activity
Todd Goldthwaite, identified as a Managing Director of Stride, Inc. (ticker LRN), reported a transaction dated 08/12/2025. The filing records the disposition of 410 shares of Stride common stock at a price of $157.38 per share. The report states these 410 shares were withheld by the company upon the vesting of restricted shares to cover the reporting person’s withholding tax. After the transaction, the reporting person beneficially owns 90,894 shares (direct ownership). The Form 4 was signed on behalf of the reporting person by an attorney-in-fact, John C. Grothaus, on 08/14/2025.
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Insights
TL;DR: Routine insider tax-withholding disposition of restricted stock; no indication of additional purchases or sales.
The Form 4 discloses a small disposition of 410 shares executed as a withholding to satisfy tax obligations on vesting. This is a non-cash, administrative share withholding rather than an open-market sale initiated by the insider and therefore typically has limited informational content about the insider's view of company prospects. The filing also shows the reporting person retains substantial direct holdings of 90,894 shares following the transaction, preserving their equity stake.
TL;DR: Disclosure follows standard practice for tax-withholding on vested restricted stock; filing is proper and routine.
The document includes the required Section 16 disclosure for a managerial officer and explains that shares were withheld upon vesting to cover withholding tax, which is an accepted method for satisfying tax obligations and results in a reported disposition code consistent with the transaction. The timely filing and attorney-in-fact signature indicate compliance with reporting procedures.