Rhyu James Jeaho 4
Research Summary
AI-generated summary
Stride (LRN) CEO Rhyu James Jeaho Sells Shares for Tax Withholding
What Happened
Rhyu James Jeaho, Chief Executive Officer of Stride, Inc. (LRN), had a total of 8,150 shares withheld by the company to satisfy his withholding tax obligation upon the vesting of restricted shares. On Feb 8, 2026, 1,623 shares were withheld at $87.83 for $142,548; on Feb 9, 2026, 6,527 shares were withheld at $87.51 for $571,178. These withholdings are reported as dispositions (code F) and totaled approximately $713,726.
Key Details
- Transaction dates and prices:
- 2026-02-08: 1,623 shares withheld @ $87.83 = $142,548
- 2026-02-09: 6,527 shares withheld @ $87.51 = $571,178
- Total shares withheld: 8,150; total proceeds ≈ $713,726.
- Shares owned after the transactions: not disclosed in the provided Form 4 excerpt.
- Footnote: F1 — shares were withheld by the company upon vesting to cover the executive’s tax withholding; the number withheld is based on the closing price on the vesting date (or prior market day if a holiday/weekend).
- Filing: Form 4 filed Feb 10, 2026, reporting transactions on Feb 8–9; this appears to be a timely filing (within required reporting window).
Context
These disposals reflect routine tax-withholding treatment when restricted stock vests (a non-transactional company action) rather than an open-market sale that signals a change in the insider’s investment view. Code F (tax withholding) indicates the company withheld shares to cover tax liabilities; such transactions are common for vested equity awards and should be interpreted differently from voluntary sales or purchases.