Stride (LRN) CFO Donna Blackman Sells 3,395 Shares to Cover Taxes

What Happened
Donna Blackman, Chief Financial Officer of Stride, had 3,395 shares withheld by the company on August 18, 2026 to satisfy her tax withholding obligation related to vested restricted shares. The shares were valued at $83.76 each, for a total of approximately $284,365. This transaction is reported as a disposition (code F) for tax withholding, not an open-market sale initiated by the insider.

Key Details

• Transaction date: 2026-08-18; filing date: 2026-08-20 (filed timely).
• Price: $83.76 per share; Shares withheld/disposed: 3,395; Total value ≈ $284,365.
• Transaction code: F (shares withheld to satisfy tax withholding on vesting).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Per F1, the issuer withheld shares based on the closing price on the vesting date (or the most recent prior market day if vesting fell on a weekend/holiday).

Context
Tax-withholding (cashless) dispositions are routine when restricted stock vests; they represent withholding to cover tax liabilities rather than a discretionary sale signaling intent. For retail investors, these transactions typically do not carry the same informational weight as open-market purchases or voluntary sales.