Stride (LRN) CFO Donna Blackman Receives 17,724 Shares, Withholds 8,747

What Happened

• Donna Blackman, CFO of Stride, had performance-based and restricted stock rights vest on 2026-09-16 resulting in the acquisition of 17,724 shares (12,890 shares from conversion of restricted stock rights + 4,834 shares from a performance award). The conversion/exercise price was $0.00. To satisfy withholding tax obligations, 8,747 shares were withheld (disposed) at an effective price of $82.04 per share, equal to $717,604. Net new shares delivered to Blackman were 8,977 shares.

Key Details

• Transaction date: September 16, 2026; Form filed September 18, 2026 (appears timely).
• Acquisitions: 12,890 shares (conversion of restricted stock rights, $0 exercise) and 4,834 shares (performance award, $0).
• Tax withholding: 8,747 shares withheld at $82.04/share for $717,604 to cover tax liability.
• Net shares retained by insider after withholding: 8,977 shares (17,724 acquired − 8,747 withheld).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: Vesting tied to a performance award originally granted Aug 18, 2023 and to achievement of specified compound annual growth rates in the company’s stock price through Sept 15, 2026; withheld shares based on closing price on the vesting date.

Context

• This was not an open-market sale or purchase by the insider — it reflects vesting of company awards (including conversion of restricted stock rights) and a standard issuer withholding of shares to satisfy tax obligations. Such transactions reflect compensation vesting rather than a direct buy/sell signal.