Verbrugge Joseph A 4
4 · Stride, Inc. · Filed Dec 11, 2023
Insider Transaction Report
Form 4
Stride, Inc.LRN
Verbrugge Joseph A
Director
Transactions
- Award
Deferred Stock Unit
2023-12-07+3,324→ 10,596 total→ Common Stock (3,324 underlying)
Footnotes (2)
- [F1]Represents Deferred Stock Units ("DSUs") under the Stride, Inc. Deferred Compensation Plan for Non-Employee Directors. Each DSU is the economic equivalent of one share of common stock of Stride, Inc. Vested DSUs become payable upon the reporting person's termination of service as a Director. Any fractional shares will be paid in cash upon settlement.
- [F2]The DSUs will vest on the earlier of (a) December 7, 2024 or (b) the next annual meeting of the stockholders of Stride, Inc.