LRN.NYSEStride, INC

Form 4: Stride, Inc. Executive Todd Goldthwaite Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Managing Director Todd Goldthwaite reports acquisition of 1,210 shares and disposal of 275 shares of Stride, Inc. common stock.

Summary

  • On August 9, 2024, Todd Goldthwaite, a Managing Director at Stride, Inc., acquired 1,210 shares of common stock at $0.
  • These shares are restricted and vest semi-annually, with 20% vesting in the first year and 40% vesting in each of the next two years following the grant date.
  • On August 12, 2024, Goldthwaite disposed of 275 shares at a price of $79.79.
  • This disposal represents shares withheld by Stride, Inc. to cover the executive's withholding tax associated with the vesting of restricted shares.
  • Following these transactions, Goldthwaite beneficially owns 89,828 shares of Stride, Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in beneficial ownership.

Key Dates

DateDescription
08/09/2024Acquisition of 1,210 shares of common stock.
08/12/2024Disposal of 275 shares of common stock to cover withholding tax.
08/13/2024Date of signature by Attorney-in-fact.

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