Form 4: Stride Inc. Executive Todd Goldthwaite Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Managing Director Todd Goldthwaite of Stride, Inc. reports the withholding of 251 common stock shares to cover tax obligations upon vesting of restricted shares.
Summary
- On August 13, 2024, Todd Goldthwaite, a Managing Director at Stride, Inc., had 251 shares of common stock withheld by the issuer to cover withholding tax associated with the vesting of restricted shares.
- The withholding was based on a price of $82.36 per share.
- Following the transaction, Goldthwaite directly owns 89,577 shares of Stride, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate any positive or negative sentiment.
Industry Context
This is a standard procedure for executives receiving stock-based compensation, where a portion of the shares are withheld to cover income tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of the transaction where shares were withheld to cover tax obligations. |
| 08/15/2024 | Date of signature by Attorney-in-fact for the reporting person. |
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