Form 4: Stride Inc. CFO Donna Blackman Reports Stock Transaction
SEC Form 4 Filing
Donna Blackman, CFO of Stride, Inc., reports the disposal of 3,102 shares of common stock to cover withholding taxes upon vesting of restricted shares on February 18, 2025.
Summary
- On February 18, 2025, Donna Blackman, the Chief Financial Officer of Stride, Inc. (LRN), disposed of 3,102 shares of common stock.
- The transaction was executed to cover the executive's withholding tax obligations associated with the vesting of restricted shares.
- The shares were disposed of at a price of $142.14 per share.
- Following the transaction, Blackman directly owns 80,087 shares of Stride, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock transaction where 3,102 shares were disposed of to cover withholding taxes. |
| 02/19/2025 | Date of signature by John C. Grothaus, Attorney-in-fact. |
Keywords
Form 4, Stride, Inc., Donna Blackman, CFO, stock transaction, beneficial ownership, restricted shares, withholding tax
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