Form 4: Stride Inc. Executive Todd Goldthwaite Reports Share Withholding for Tax Obligations
SEC Filing
Todd Goldthwaite, a Managing Director at Stride, Inc., reports the withholding of 317 common stock shares to cover tax obligations upon vesting of restricted shares on February 12, 2025.
Summary
- On February 12, 2025, Todd Goldthwaite, a Managing Director at Stride, Inc., had 317 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 $140.47.
- Following the transaction, Goldthwaite directly owns 84,697 shares of Stride, Inc. common stock.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing related to executive compensation. It doesn't contain any particularly positive or negative information, but reflects normal business operations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 02/12/2025 | Date of the transaction where shares were withheld to cover tax obligations. |
| 02/13/2025 | Date of signature by Attorney-in-fact. |
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