---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-027527"
form_type: "8-K"
ticker: "LRN"
cik: "0001157408"
company_name: "Stride, Inc."
filed_at: "2022-02-28T23:59:59+00:00"
generated_at: "2026-06-27T03:26:12.617459+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stride amends CEO James Rhyu's employment agreement with $800k base salary, 150% target bonus

## Summary
- Annual base salary set at $800,000; target bonus at 150% of base.
- Severance upon termination without cause: 24 months base salary, 12 months COBRA, prorated bonus based on actual performance.
- Upon change-in-control termination: lump sum of 2x base salary plus 2x target bonus, immediate vesting of all unvested equity.
- Non-compete during severance period plus 12 months; non-solicitation of employees for 1 year post-termination.
- Agreement supersedes prior employment agreement and prior change-in-control severance agreement.

## SEC filing metadata
- accession: 0001104659-22-027527
- form_type: 8-K
- ticker: LRN
- cik: 0001157408
- company_name: Stride, Inc.
- filed_at: 2022-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1157408/000110465922027527/0001104659-22-027527-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1157408/000110465922027527/tm227770d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-027527
- JSON: https://secwatch.observer/filing/0001104659-22-027527.json
- Plain text: https://secwatch.observer/filing/0001104659-22-027527.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.