Stride (LRN) EVP McMullen Greerson Greene: 648 Shares Withheld for Taxes

What Happened

• McMullen Greerson Greene, Executive Vice President and General Counsel of Stride, had 648 shares of Stride common stock withheld by the company to cover the executive's tax withholding obligation upon vesting. The withholding occurred at a per-share price of $83.56, resulting in a disposition value of approximately $54,147. This was a tax-withholding disposition (routine), not an open-market sale.

Key Details

• Transaction date: 2026-09-15; Filing date: 2026-09-16 (appears timely).
• Price per share: $83.56; Shares withheld/disposed: 648; Total value: ~$54,147.
• Transaction code: F (shares withheld to satisfy tax withholding on vested awards).
• Footnote: The number of shares withheld was calculated using the closing price on the vesting date (or the most recent prior market day) per issuer policy.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, gifts, or option exercises were indicated in this entry.

Context

• Share withholding to cover taxes on vested restricted stock is a common, administrative transaction and typically does not signal an insider decision to sell shares for investment reasons. It reduces the insider’s holdings by the withheld amount but is driven by tax obligations tied to vesting.