McMullen Greerson Greene 4
Research Summary
AI-generated summary
Stride (LRN) EVP McMullen Greene Withholds 95 Shares for Taxes
What Happened
McMullen Greerson Greene, Executive Vice President and General Counsel of Stride, had 95 shares of Stride common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted shares. The withholding was calculated at $87.83 per share, totaling roughly $8,343.85 (reported as $8,344). This was a tax-withholding transfer, not an open-market sale or purchase.
Key Details
- Transaction date: February 8, 2026; Form 4 filed February 10, 2026.
- Action: Withholding of 95 shares to cover tax liability (code F).
- Price used: $87.83 per share; total value ≈ $8,343.85.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Company withheld shares upon vesting to cover the executive’s withholding tax; the number withheld is based on the closing price on the vesting date (or prior market day if vesting fell on a weekend/holiday).
- No indication in the filing that this was a late report.
Context
This was a routine tax-withholding event tied to the vesting of restricted stock awards—not a market sale or purchase. Such withholdings are common and reflect payroll/tax mechanics rather than a directional trading signal.