Form 4: Stride Inc. Executive Vincent Mathis Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
EVP and General Counsel of Stride, Inc., Vincent Mathis, reports the withholding of 845 common stock shares to cover tax obligations upon vesting of restricted shares on August 13, 2024.
Summary
- On August 13, 2024, Vincent Mathis, EVP and General Counsel of Stride, Inc., had 845 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 $82.36.
- Following the transaction, Mathis directly owns 48,594 shares of Stride, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like executives and directors, trade their company's stock. This filing indicates a routine transaction related to tax obligations upon vesting of restricted shares, which is a common practice in executive compensation.
Key Dates
| Date | Description |
|---|---|
| 08/13/2024 | Date of the transaction where 845 shares were withheld to cover tax obligations. |
| 08/15/2024 | Date of signature by Attorney-in-fact, John C. Grothaus. |
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