Key facts
- This page summarizes Kevin Chavous's Form 4 filing for Stride, Inc. (LRN).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 08 Oct 2021, 17:33.
Kevin Chavous - 06 Oct 2021 Form 4 Insider Report for Stride, Inc. (LRN)
- Reporting relationship
- Pres., Acad. Pol. & Ext. Aff.
- Issuer ticker
- LRN
- Reported as of
- 06 Oct 2021
- Net transaction value
- -$5,762,756
- SEC form
- 4
- Accepted by SEC
- 08 Oct 2021, 17:33:16 UTC
- Prior SEC filing
- 02 Sep 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ John C. Grothaus, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Kevin Chavous filed Form 4 for Stride, Inc. (LRN) on 08 Oct 2021.
Change
- Previous filing in this sequence was filed on 02 Sep 2021.
- Current net transaction value: -$5,762,756.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
LRN
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +350,167
- Change %
- +606%
- Price
- Shares after
- 407,952
- Date
- 06 Oct 2021
- Ownership
- Direct
- Footnotes
- F1
LRN
transaction
Common Stock
Tax liability
- Transaction value
- $5,762,756
- Shares
- -157,927
- Change %
- -39%
- Price
- $36.49
- Shares after
- 250,025
- Date
- 06 Oct 2021
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LRN
transaction
Derivative
Restricted Stock Right
Options Exercise
- Transaction value
- $0
- Shares
- -350,167
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 06 Oct 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 350,167
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
Each restricted stock right represents a contingent right to receive one share of the Issuer's common stock. In accordance with the terms of the award granted on September 18, 2018, the restricted stock rights vested upon the Issuer's common stock achieving certain per share price targets based on the average 30-calendar day closing stock price subsequent to seven days after the FY 2021 year end earnings release and certification by the Issuer's board of directors of the same.
Footnote F2
Represents the number of shares withheld by the Issuer upon the vesting of restricted shares to cover the executive's withholding tax associated with the satisfaction of all vesting conditions. The number of shares withheld is based upon the closing price of a share of Stride common stock on the most recent prior market day.