Form 4: Stride, Inc. CEO James Jeaho Rhyu Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
CEO James Jeaho Rhyu reports the disposal of 6,128 shares of Stride, Inc. to cover withholding tax obligations upon vesting of restricted shares.
Summary
- On February 12, 2025, James Jeaho Rhyu, the CEO of Stride, Inc., disposed of 6,128 shares of common stock.
- The shares were withheld by Stride, Inc. to cover Rhyu's withholding tax obligations associated with the vesting of restricted shares.
- The transaction occurred at a price of $140.47 per share.
- Following the transaction, Rhyu directly owns 637,990 shares of Stride, Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations upon vesting of restricted shares.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of transaction: Disposal of shares to cover tax obligations. |
| 02/13/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, Stride, Inc., James Jeaho Rhyu, CEO, share disposal, withholding tax, restricted shares, beneficial ownership, LRN
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.