Blackman Donna 4
Research Summary
AI-generated summary
Stride CFO Donna Blackman Withholds 2,235 Shares for Taxes
What Happened
- Donna Blackman, Chief Financial Officer of Stride, reported that 2,235 shares of Stride common stock were withheld by the company to satisfy her tax withholding obligation upon vesting. The withholding was recorded on Feb 18, 2026, at an effective price of $84.25 per share, for a total value of approximately $188,299. This is a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-18 (Reported on Form 4 filed 2026-02-20)
- Transaction type/code: Tax withholding upon vesting (code F)
- Shares withheld/disposed: 2,235 shares
- Per-share price used: $84.25; total value ≈ $188,299
- Shares owned after transaction: Not specified in the provided filing excerpt
- Footnote: F1 — Company withheld the shares upon vesting to cover the executive’s withholding tax; number withheld based on the closing stock price on the vesting date (or prior market day if vesting fell on a weekend/holiday)
- Timeliness: Filing appears timely (transaction 2/18/2026; Form 4 filed 2/20/2026, within the usual two-business-day window)
Context
- This transaction is a routine, non-market disposition to satisfy tax obligations related to restricted shares vesting (a common administrative event). It should not be interpreted as an open-market sale signaling a change in insider sentiment.