secwatch.observer — SEC 8-K summary
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Issuer:     Stride, Inc. (LRN)
CIK:        0001157408
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001104659-24-035581
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stride terminates CIO Les Ottolenghi; separation agreement includes $525K payment
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- Les Ottolenghi's employment terminated effective March 8, 2024.
- Separation agreement provides lump sum of $525,000 less standard deductions.
- COBRA premium reimbursement for medical/dental/vision through April 1, 2025.
- Company-paid outplacement services for six months from termination date.
- Agreement includes confidentiality, non-disparagement, and cooperation clauses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1157408/000110465924035581/0001104659-24-035581-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1157408/000110465924035581/tm248875d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-035581

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer