Form 4: Stride Inc. CFO Donna Blackman Reports Stock Transaction
SEC Form 4 Filing
Donna Blackman, CFO of Stride, Inc., reports the withholding of 135 common stock shares to cover withholding tax obligations upon vesting of restricted shares on August 13, 2024.
Summary
- On August 13, 2024, Donna Blackman, the Chief Financial Officer of Stride, Inc. (LRN), had 135 shares of common stock withheld by the issuer.
- This withholding was to cover the executive's withholding tax associated with the vesting of restricted shares.
- The price per share for the transaction was $82.36.
- Following the transaction, Blackman directly owns 84,948 shares of Stride, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations; it doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of stock transaction where 135 shares were withheld to cover withholding tax. |
| 08/15/2024 | Date of signature by Attorney-in-fact, John C. Grothaus. |
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