Form 4: Stride Inc. Executive Todd Goldthwaite Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Managing Director Todd Goldthwaite reports the withholding of 304 common stock shares by Stride, Inc. to cover tax obligations related to the vesting of restricted shares.
Summary
- On February 18, 2025, Todd Goldthwaite, a Managing Director at Stride, Inc., had 304 shares of common stock withheld by the company.
- 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 $142.14.
- Following this transaction, Goldthwaite directly owns 84,393 shares of Stride, Inc. common stock.
Sentiment
Score: 7
Explanation: The document reflects a neutral event (tax withholding) related to executive compensation. It's a routine transaction and doesn't indicate any positive or negative sentiment regarding the company's performance or outlook.
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 process of withholding shares to cover tax obligations upon the vesting of restricted stock, a common practice in executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of the transaction where shares were withheld to cover tax obligations. |
| 02/19/2025 | Date of signature for the Form 4 filing. |
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