UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On September 16, 2025, the Board of Directors (the “Board”) of Stride, Inc. (the “Company”) elected, upon the recommendation of the Nominating and Corporate Governance Committee of the Board (the “Nominating Committee”), Robert E. Knowling, Jr. to serve as a member of the Board, effective immediately. The Board also appointed Mr. Knowling to serve as a member of the Audit Committee of the Board (the “Audit Committee”) and the Compensation Committee of the Board (the “Compensation Committee”). In connection with the election, the Board approved an increase in the size of the Board from seven members to eight members.
There are no arrangements or understandings between Mr. Knowling and any other person pursuant to which Mr. Knowling was selected as a director of the Company. Mr. Knowling will serve as a director of the Company until the next annual meeting of stockholders of the Company and until his respective successor is elected and qualified or until his earlier resignation, death or removal.
Mr. Knowling will be compensated in accordance with the Company’s Amended Non-Employee Directors Compensation Plan (the “Plan”) in effect from time to time. Based on the Plan, Mr. Knowling will receive an annual award of restricted stock equivalent to $250,000, an annual cash retainer of $70,000 for service as a member of the Board, and an additional annual fee of $10,000 for service on each of the Audit Committee and Compensation Committee, respectively, with the cash compensation prorated for the period from the date of appointment to December 31, 2025.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Stride, Inc. | ||
| Date: September 19, 2025 | By: | /s/ Greerson G. McMullen |
| Name: | Greerson G. McMullen | |
| Title: | Executive Vice President, General Counsel & Secretary | |