Todd Goldthwaite, Managing Director at Stride, Inc. (NYSE:LRN), filed a Form 4 on September 18, 2026, disclosing three common stock transactions on September 16, 2026, related to the vesting of a performance award and a restricted stock right.

Key Highlights

  • Performance award vesting: 690 shares of common stock were acquired at $0 on September 16, 2026, in connection with the vesting above target threshold of a performance award originally granted on August 18, 2023.
  • Restricted stock right conversion: 1,840 restricted stock rights vested and converted into 1,840 shares of common stock at $0 on September 16, 2026, based on achievement of certain compound annual growth rates in the company's stock price through September 15, 2026.
  • Tax withholding shares disposed: 1,163 shares were withheld by the issuer at $82.04 per share to cover the reporting person's tax withholding obligations upon vesting.
  • Resulting ownership: Following all reported transactions, Goldthwaite directly holds 105,988 shares of Stride common stock.
  • Derivative securities: Following the vesting and conversion, Goldthwaite holds 0 restricted stock rights of the series reported.

Stride Managing Director Discloses Performance Award and Restricted Stock Right Vesting

According to the Form 4 filed September 18, 2026, Todd Goldthwaite, listed as Managing Director of Stride, Inc. (NYSE:LRN), reported three transactions in Stride common stock, all dated September 16, 2026. The filing was signed by John C. Grothaus as attorney-in-fact.

The filing discloses that 1,840 restricted stock rights were converted into 1,840 shares of common stock (transaction code M) at a price of $0. The filing explains that each restricted stock right represented a contingent right to receive one share of Stride common stock, with vesting contingent on the achievement of certain compound annual growth rates in the price of the company's common stock between the award date and September 15, 2026, subject to earlier vesting in certain circumstances described in the applicable award agreement. Separately, 690 shares were acquired (transaction code A) at $0, representing shares received in connection with the vesting above target threshold of a performance award originally granted on August 18, 2023.

Also on September 16, 2026, the filing reports that 1,163 shares were disposed of (transaction code F) at $82.04 per share. According to the filing, these shares were withheld by the issuer upon vesting to cover the executive's tax withholding, with the number of shares withheld based upon the closing price of Stride common stock on the vesting date. After all three transactions, Goldthwaite's direct beneficial ownership stood at 105,988 shares, and the reported series of restricted stock rights was reduced to 0.

What Was Disclosed

The filing reports the vesting of 1,840 restricted stock rights and a performance award yielding 690 shares, with 1,163 shares withheld for taxes at $82.04, leaving Goldthwaite directly owning 105,988 shares of Stride common stock.