Director Brian A. Shepherd filed a Form 4 with the SEC on November 4, 2026, disclosing four open-market purchases of Stride, Inc. common stock totaling 22,000 shares across November 2 and November 3, 2026.

Key Highlights

  • Reporting person: Brian A. Shepherd, identified as a Director of Stride, Inc. (NYSE:LRN).
  • Total shares acquired: 22,000 shares of common stock purchased across four transactions on November 2 and November 3, 2026.
  • Transaction prices: Purchases were executed at a weighted average of $76.54 per share (covering a range of $75.88 to $76.84), $76.90, $74.40, and $75.50 per share, according to the filing.
  • Post-transaction direct ownership: Following the reported transactions, Shepherd directly beneficially owned 23,094 shares of common stock.
  • Indirect holdings: An additional 442 shares are held indirectly by spouse, as disclosed in the filing.
  • Weighted average footnote: The $76.54 price on November 2 reflects a weighted average; the reporting person undertook to provide full per-price detail upon request to Stride, Inc., any security holder, or SEC staff.

Shepherd's Open-Market Purchases of Stride Common Stock

According to the Form 4 filing, Brian A. Shepherd, a director of Stride, Inc., executed four separate open-market purchase transactions coded "P" in Table I. On November 2, 2026, Shepherd acquired 7,120 shares at a weighted average price of $76.54 per share, with individual transaction prices ranging from $75.88 to $76.84 inclusive, and an additional 4,880 shares at $76.90 per share. Following those two purchases, his directly held beneficial ownership stood at 13,094 shares.

On November 3, 2026, Shepherd acquired two additional blocks of 5,000 shares each, at prices of $74.40 and $75.50 per share, respectively. After all four transactions were completed, his direct beneficial ownership totaled 23,094 shares, as reported in the filing. The filing also notes 442 shares held indirectly by his spouse. No derivative securities transactions were reported in Table II.

The form was signed by John C. Grothaus as Attorney-in-Fact on November 4, 2026, and was filed on behalf of Shepherd. The filing does not indicate that any of these transactions were made pursuant to a Rule 10b5-1(c) trading plan, as the corresponding checkbox on the form was not selected.

What Was Disclosed

The filing reports four open-market common stock purchases by Stride, Inc. Director Brian A. Shepherd totaling 22,000 shares on November 2 and 3, 2026, bringing his direct beneficial ownership to 23,094 shares, with an additional 442 shares held indirectly by his spouse.