Stride, Inc. (NYSE: LRN) CFO reports 77,380-share award vesting and tax withholding
Rhea-AI Filing Summary
Stride, Inc. Chief Financial Officer Donna Blackman reported equity compensation activity on 29 July 2026. She acquired 77,380 shares of common stock at no cost upon vesting of a performance-based award granted on 18 August 2023, after achievement of performance objectives. On the same date, 38,188 shares were withheld by Stride at $97.71 per share to satisfy withholding tax obligations related to the vesting, a tax-related disposition back to the issuer rather than an open-market sale.
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Insights
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Insider Trade Summary
Net Buyer: 39,192 shares
Net Buy
2 txns
Insider
Blackman Donna
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 77,380 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 38,188 | $97.71 | $3.73M |
Holdings After Transaction:
Common Stock — 167,439 shares (Direct)
Footnotes (2)
- F1. Acquisition is in connection with the August 18, 2023 award and achievement of performance objectives.
- F2. 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.
Key Figures
Performance award shares vested: 77,380 shares
Shares withheld for taxes: 38,188 shares
Tax withholding price: $97.71 per share
3 metrics
Performance award shares vested
77,380 shares
Common stock acquired on 2026-07-29 upon achievement of performance objectives
Shares withheld for taxes
38,188 shares
Common stock withheld on 2026-07-29 to satisfy withholding tax on vesting
Tax withholding price
$97.71 per share
Price used to determine number of shares withheld on vesting date
Key Terms
restricted shares, withholding tax, closing price
3 terms
withholding tax financial
"to cover the executive's withholding tax associated with the satisfaction of all vesting conditions"
Withholding tax is a government-required portion of a payment—such as dividends, interest, or salary—that the payer keeps back and sends directly to tax authorities before the recipient receives the money. For investors it reduces the cash they actually get and changes the after-tax return on an investment; rates and refund or credit rules vary by country and can materially affect comparisons between similar investments, like a cashier holding part of a bill to cover taxes.
closing price financial
"based upon the closing price of a share of Stride common stock on the vesting date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transactions did Stride (LRN) CFO Donna Blackman report on July 29, 2026?
Donna Blackman reported equity award vesting and related tax withholding. She acquired 77,380 Stride common shares from a performance-based award and had 38,188 shares withheld by the company to cover taxes at $97.71 per share.
Were Donna Blackman’s Stride (LRN) transactions open-market trades?
No, they were not open-market trades. The filing shows vesting of a performance-based stock award and shares withheld by Stride to satisfy withholding tax, with no reported open-market purchases or sales of common stock.