Janus Henderson Group plc reported beneficial ownership of 2,277,279 shares of Stride, Inc. common stock, representing 5.4% of the class as of 03/31/2026. The filing states the shares are held in managed portfolios where the Asset Managers exercise shared voting and dispositive power.
The report clarifies the Asset Managers share voting and disposition authority for these accounts and disclaims rights to receive dividends or sale proceeds on behalf of the ultimate managed clients. Signature on the schedule is dated 5/15/2026.
Positive
None.
Negative
None.
Insights
Large passive stake disclosure: 2,277,279 shares (5.4%) reported.
Janus Henderson Group plc is disclosed as the ultimate parent of multiple asset managers that collectively report 2,277,279 shares with shared voting and dispositive power. The position is presented as held in managed portfolios, not directly by the parent.
Timing: the position is stated as of 03/31/2026; subsequent activity would appear in later filings. Cash‑flow treatment and any selling intent are not included in the excerpt.
Filing is a routine Schedule 13G disclosure under passive/manager reporting rules.
The schedule lists beneficial ownership and governance of voting/dispositive power across affiliated Asset Managers and includes standard disclaimers about dividend/proceeds rights. It attaches Exhibit 99 for subsidiary identification per Item 7 instructions.
Investors should note the filing characterizes holdings as managed client positions; the filing does not assert direct economic ownership by Janus Henderson plc itself.
Key Figures
Shares beneficially owned:2,277,279 sharesPercent of class:5.4%Sole voting power:0+2 more
5 metrics
Shares beneficially owned2,277,279 sharesreported as of 03/31/2026
Percent of class5.4%common stock of Stride, Inc.
Sole voting power0reported by Janus Henderson Group plc
CUSIP86333M108Stride, Inc. common stock identifier
Key Terms
Schedule 13G, Beneficial ownership, Managed Portfolios, Shared dispositive power
4 terms
Schedule 13Gregulatory
"Janus Henderson Group plc filed this Schedule 13G reporting beneficial ownership"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Beneficial ownershipregulatory
"may be deemed to be the beneficial owner of 2,277,279 common stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Managed Portfoliosfinancial
"clients which include investment companies, institutional separate accounts and retail separate accounts"
Shared dispositive powerregulatory
"Shared power to dispose or to direct the disposition of: 2277279"
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
STRIDE, INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
86333M108
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
86333M108
1
Names of Reporting Persons
JANUS HENDERSON GROUP PLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
JERSEY
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
2,277,279.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
2,277,279.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
2,277,279.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.4 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
STRIDE, INC.
(b)
Address of issuer's principal executive offices:
11720 PLAZA AMERICA DRIVE, 9TH FLOOR
RESTON, VA 20190
Item 2.
(a)
Name of person filing:
Janus Henderson Group plc
(b)
Address or principal business office or, if none, residence:
201 Bishopsgate
EC2M 3AE, United Kingdom
(c)
Citizenship:
Y9
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
86333M108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Janus Henderson Group plc (JHG) is the ultimate parent of a number of SEC-registered investment advisers and foreign equivalents thereof, including but not limited to Janus Henderson Investors US LLC, Janus Henderson Investors UK Limited, Janus Henderson Investors Australia Institutional Funds Management Limited, Janus Henderson Investors Middle East Limited, Janus Henderson Investors (Jersey) Limited, Janus Henderson Investors (Japan) Limited, Janus Henderson Investors (Singapore) Limited, Kapstream Capital Pty Limited, Privacore Capital Advisors LLC, Tabula Investment Management Limited, and Victory Park Capital Advisors LLC (each, an Asset Manager and together, the Asset Managers). The Asset Managers generally exercise investment and/or voting discretion on behalf of their clients which include investment companies, other investment advisers, institutional separate accounts and retail separate accounts (collectively referred to herein as Managed Portfolios).
As a result of their exercise of investment and/or voting discretion on behalf of the Managed Portfolios, the Asset Managers may be deemed to be the beneficial owner of 2,277,279 common stock of Stride, Inc. However, the Asset Managers do not have the right to receive any dividends from, or the proceeds from the sale of, the securities held in the Managed Portfolios and disclaim any ownership associated with such rights.
(b)
Percent of class:
5.4 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
2277279
(iii) Sole power to dispose or to direct the disposition of:
0
(iv) Shared power to dispose or to direct the disposition of:
2277279
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Managed Portfolios have the right to receive all dividends from, and the proceeds from the sale of, the securities held in their respective accounts.
Of the Managed Portfolios, none own more than five percent of the common stock of Stride, Inc.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
Please refer to Exhibit 99.
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
N/A
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
N/A
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
How many Stride, Inc. (LRN) shares does Janus Henderson report owning?
Janus Henderson reports beneficial ownership of 2,277,279 shares. The filing states this equals 5.4% of Stride's common stock as of 03/31/2026 and attributes voting/dispositive power to affiliated asset managers acting for managed portfolios.
Does Janus Henderson claim sole voting or disposal power over LRN shares?
No; the filing shows 0 sole voting power and 2,277,279 shared voting power. It records shared dispositive authority for the same number of shares, indicating decisions are exercised collectively by the Asset Managers for managed client accounts.
Are dividends or sale proceeds attributed to Janus Henderson in the 13G?
The filing disclaims rights to receive dividends or sale proceeds on behalf of the parent. It states the Asset Managers exercise discretion for Managed Portfolios and that dividend/proceeds rights belong to those client accounts rather than Janus Henderson itself.
What date does the Schedule 13G position reference for LRN holdings?
The reported position is tied to 03/31/2026. The signature block shows the schedule was signed on 5/15/2026. Any changes after the reference date would be disclosed in later filings if required.
