Form 4: Stride Inc. CFO Donna Blackman Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Donna Blackman, CFO of Stride, Inc., reports the withholding of 589 common stock shares to cover tax obligations upon vesting of restricted shares on February 9, 2025.
Summary
- On February 9, 2025, Donna Blackman, the Chief Financial Officer of Stride, Inc., had 589 shares of common stock withheld by the issuer.
- This withholding was to cover the executive's tax obligations associated with the vesting of restricted shares.
- The price per share for the withholding was $142.28.
- Following this transaction, Blackman directly owns 84,863 shares of Stride, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an insider's share withholding for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/09/2025 | Date of the transaction where 589 shares were withheld to cover tax obligations. |
| 02/11/2025 | Date of signature for the report. |
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