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Companies Stride

Stride (LRN): executive pay, fiscal 2026

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CEO total pay$22,466,332Former CEO James Rhyu · source
Say-on-pay support81.32%Latest vote · source
CEO vs. named peers54th pct.Of 14 peer CEOs
CEO pay ratio331:1To the median employee · source

CEO pay, last three years

  • $15,623,124FY2024
  • $21,496,095FY2025
  • $22,466,332FY2026

CEO total pay was $22,466,332 in fiscal 2026, up from $21,496,095 in fiscal 2025.

FY2026: salary $1,000,000 · stock awards $20,178,768 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Stride in fiscal 2026?
As disclosed, James Rhyu (Former CEO) was the highest-paid executive at Stride in fiscal 2026, with total compensation of $22,466,332.
How does Stride's chief executive pay compare to its disclosed peer group?
As disclosed, James Rhyu's total compensation ranked at the 54th percentile of Stride's disclosed peer group.
What is Stride's CEO-to-median employee pay ratio?
As disclosed, Stride's CEO-to-median employee pay ratio was 331:1.
How did shareholders vote on Stride's executive compensation?
As disclosed, 81.32% of shareholders supported Stride's executive compensation in the latest say-on-pay vote.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James Rhyu$1,000,000—$20,178,768$0$1,271,271$0$16,293$22,466,332
Former CEO
Donna Blackman625,000—4,282,4980595,908014,0825,517,488
Chief Financial Officer
Greerson McMullen499,423—1,007,4870238,363020,3451,765,618
Executive Vice President, General Counsel and Secretary
Todd Goldthwaite400,000—1,003,0370101,702016,0241,520,763
Managing Director, Portfolio Companies

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
James Rhyu$22,466,332$21,496,095$15,623,124↑ +970,237
Donna Blackman5,517,4886,053,3275,533,743↓ −535,839
Greerson McMullen1,765,6181,963,698—↓ −198,080
Todd Goldthwaite1,520,7631,750,2801,521,502↓ −229,517

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

We seek to target total direct compensation within a competitive range of our compensation peer group and seek to deliver greater compensation only for superior performance.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)—
Independent consultantCompensia
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2026

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Donna BlackmanPSU2025-08-084,2668,531—17,062$1,274,958
Donna BlackmanPSU2025-08-084,2668,531—17,0621,307,546
Donna BlackmanRSU2025-08-08——11,375—1,699,994
Todd GoldthwaitePSU2025-08-08402803—1,606120,008
Todd GoldthwaitePSU2025-08-08402803—1,606123,076
Todd GoldthwaiteRSU2025-08-08——2,676—399,928
Todd GoldthwaitePSU2025-08-081,2052,409—4,818360,025
Greerson McMullenPSU2025-08-081,0042,007—4,014299,946
Greerson McMullenPSU2025-08-081,0042,007—4,014307,613
Greerson McMullenRSU2025-08-08——2,676—399,928
James RhyuPSU2025-08-0823,41946,838—93,6766,999,939
James RhyuPSU2025-08-0823,41946,838—93,6767,178,860
James RhyuRSU2025-08-08——40,147—5,999,969

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Donna Blackman$1,699,994$2,582,504$060.3%
Todd Goldthwaite399,928603,109060.1%
Greerson McMullen399,928607,559060.3%
James Rhyu5,999,96914,178,799070.3%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Greerson McMullenPSU2,007—$173,084
Donna BlackmanPSU6,860—591,606
Donna BlackmanPSU8,531—735,713
Greerson McMullenRSU11,008—949,330
Donna BlackmanPSU12,890—1,111,634
Donna BlackmanPSU20,580—1,774,819
Donna BlackmanRSU28,089—2,422,395
Donna BlackmanPSU38,690—3,336,626
Donna BlackmanRSU420,000—71,400
Director compensation

No director compensation table is on file for fiscal year 2026.

Board fee structure and ownership guideline

Annual cash retainer$70,000
Annual equity retainer$250,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)35,000 / 25,000 / 15,000
Stock ownership guideline$5
Peer group, and who names Stride as a peer

Companies that benchmark against LRN

13 companies name LRN as a compensation peer

Each company listed discloses LRN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named LRN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2026

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

Of the companies Stride names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Stride.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Match Group2025Spencer Rascoff$689,231$44,790,300$0$1,209,360$47,014,253
2Okta2026Todd McKinnon595,23335,684,2660561,71936,843,718
3Nutanix2026Rajiv Ramaswami800,00027,883,6130797,60029,485,213
4Roku2025Anthony Wood1,000,00012,702,99012,832,220026,565,120
5DocuSign2026Allan Thygesen1,000,00023,600,13601,019,00025,650,100
6SS&C Technologies2025William Stone1,000,00011,979,2593,750,0098,270,00025,007,664
7Stride2026James Rhyu1,000,00020,178,76801,271,27122,466,332
8Dynatrace2026Rick McConnell695,00019,790,7640713,76521,234,453
9ACI Worldwide2025Susan Morris1,330,76911,010,00902,220,70616,767,866
10Teradata2025Stephen McMillan822,61614,031,47801,035,00016,062,525
11RingCentral2024Vladimir Shmunis376,36714,565,1460533,31115,491,096
12Yelp2025Jeremy Stoppelman620,0009,104,1110500,44410,256,932
13Informatica2024Amit Walia1,000,0006,712,1600891,8008,611,892
14Blackbaud2025Michael Gianoni800,0315,206,285006,022,250
—Adtalem Global Education——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Stride64%PSU 60 · RSU 40NoCompensia
ACI Worldwide94%PSU 50 · RSU 50NoFW Cook
Adtalem Global Educationnot disclosednot disclosednot disclosednot disclosed
Blackbaudnot disclosedRSA or RSU 50 · PRSU 50NoCompensia, Inc.
DocuSign101.9%PSU 60 · RSU 40Yes — TSRCompensia
Dynatrace102.7%PSU 50 · RSU 50Yes — rTSR (relative Total Shareholder Return)Compensia, Inc.
Informatica48.7%RSU 50 · PSU 50NoCompensia
Match Group94%PSU 60 · RSU 40NoCompensia
Nutanix99.7%RSU 50 · PSU 50Yes — Relative TSR vs Nasdaq Composite IndexCompensia
Okta98.7%PSU 60 · RSU 40Yes — TSR relative to the TSR of the IndexCompensia
RingCentralnot disclosednot disclosedNoCompensia
Rokunot disclosedOptions 50 · RSU 50not disclosedCompensia
SS&C Technologies165.4%PSU 50 · Options 25 · RSU 25Yes — Relative TSR ModifierFW Cook
Teradata100%not disclosedNoAon
Yelp100.9%not disclosedYes — Relative TSR vs Russell 2000Compensia, Inc.

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-12-0429,512,2356,530,915250,21381.32%Passed
20242024-12-0533,863,3932,593,70739,99492.78%Passed
20242024-12-0533,863,3932,593,70739,99492.78%Passed
20232023-12-0733,715,8822,519,857413,75792%Passed
20222022-12-0933,895,1861,218,20578,98696.31%Passed
20212021-12-1025,565,6218,247,486436,71274.64%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20252025-12-0481.32%a
20242024-12-0592.78%b
20242024-12-0592.78%c

a. Approved under the standard stated in the filing — “However, because abstentions and broker non-votes are considered present in person or represented by proxy, abstentions and broker non-votes (if any) will have the effect of a vote against the approval of Proposals 2, 3, 4 and 5, which require the affirmative vote of the holders of a majority of the votes present in person or represented by proxy at the Annual Meeting.”.

b. Approved under the standard stated in the filing — “However, because abstentions and broker non-votes are considered present in person or represented by proxy, abstentions and broker non-votes (if any) will have the effect of a vote against the approval of Proposals 2 and 3, which require the affirmative vote of the holders of a majority of the votes present in person or represented by proxy at the Annual Meeting.”.

c. Approved under the standard stated in the filing — “However, because abstentions and broker non-votes are considered present in person or represented by proxy, abstentions and broker non-votes (if any) will have the effect of a vote against the approval of Proposals 2 and 3, which require the affirmative vote of the holders of a majority of the votes present in person or represented by proxy at the Annual Meeting.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)331 : 1
CEO total compensation—
Median employee compensation$67,940
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2026 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dylan G. HaggartDirector2026-10-27A792$79$62,188CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

Sources (51 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, James Rhyu. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Summary Compensation Table” · page 61. As printed: 22,466,332. View filing ↗
  • Section 01, Donna Blackman. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Summary Compensation Table” · page 61. As printed: 5,517,488. View filing ↗
  • Section 01, Greerson McMullen. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Summary Compensation Table” · page 61. As printed: 1,765,618. View filing ↗
  • Section 01, Todd Goldthwaite. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Summary Compensation Table” · page 61. As printed: 1,520,763. View filing ↗
  • Section 03, Donna Blackman PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Donna Blackman PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Donna Blackman RSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd Goldthwaite PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd Goldthwaite PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd Goldthwaite RSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Todd Goldthwaite PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Greerson McMullen PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Greerson McMullen PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, Greerson McMullen RSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, James Rhyu PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, James Rhyu PSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 03, James Rhyu RSU. DEF 14A, filed 2026-10-27. Section “Fiscal 2026 Grants of Plan-Based Awards Table” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-10-27. Section “CEO Pay Ratio”. As printed: 331 : 1. View filing ↗
  • Section 02, Dylan G. Haggart 2026-10-27. Form 4, filed 2026-10-29. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-12-10. Item 5.07 · say-on-pay result. As reported: 81.32% (votes for as printed: 29,512,235). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-12-05. Item 5.07 · say-on-pay result. As reported: 92.78% (votes for as printed: 33,863,393). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-12-05. Item 5.07 · say-on-pay result. As reported: 92.78% (votes for as printed: 33,863,393). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Match Group, Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Match Group's own proxy. As printed: 47,014,253. View filing ↗
  • Okta, Section 10b CEO total. DEF 14A, filed 2026-05-07. CEO total compensation as printed in Okta's own proxy. As printed: 36,843,718. View filing ↗
  • Nutanix, Section 10b CEO total. DEF 14A, filed 2026-10-20. CEO total compensation as printed in Nutanix's own proxy. As printed: 29,485,213. View filing ↗
  • Roku, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Roku's own proxy. As printed: 26,565,120. View filing ↗
  • DocuSign, Section 10b CEO total. DEF 14A, filed 2026-04-16. CEO total compensation as printed in DocuSign's own proxy. As printed: 25,650,100. View filing ↗
  • SS&C Technologies, Section 10b CEO total. DEF 14A, filed 2026-04-08. CEO total compensation as printed in SS&C Technologies's own proxy. As printed: 25,007,664. View filing ↗
  • Stride (subject), Section 10b CEO total. DEF 14A, filed 2026-10-27. CEO total compensation as printed in Stride's own proxy. As printed: 22,466,332. View filing ↗
  • Dynatrace, Section 10b CEO total. DEF 14A, filed 2026-07-10. CEO total compensation as printed in Dynatrace's own proxy. As printed: 21,234,453. View filing ↗
  • ACI Worldwide, Section 10b CEO total. DEF 14A, filed 2026-06-22. CEO total compensation as printed in ACI Worldwide's own proxy. As printed: 16,767,866. View filing ↗
  • Teradata, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Teradata's own proxy. As printed: 16,062,525. View filing ↗
  • RingCentral, Section 10b CEO total. DEF 14A, filed 2025-12-09. CEO total compensation as printed in RingCentral's own proxy. As printed: 15,491,096. View filing ↗
  • Yelp, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Yelp's own proxy. As printed: 10,256,932. View filing ↗
  • Informatica, Section 10b CEO total. DEF 14A, filed 2025-04-28. CEO total compensation as printed in Informatica's own proxy. As printed: 8,611,892. View filing ↗
  • Blackbaud, Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Blackbaud's own proxy. As printed: 6,022,250. View filing ↗
  • Section 10a, Blackbaud reciprocity. DEF 14A. Blackbaud's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Nutanix reciprocity. DEF 14A. Nutanix's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Okta reciprocity. DEF 14A. Okta's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Yelp reciprocity. DEF 14A. Yelp's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Dynatrace reciprocity. DEF 14A. Dynatrace's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Match Group reciprocity. DEF 14A. Match Group's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, DocuSign reciprocity. DEF 14A. DocuSign's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, RingCentral reciprocity. DEF 14A. RingCentral's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Roku reciprocity. DEF 14A. Roku's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Teradata reciprocity. DEF 14A. Teradata's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, Informatica reciprocity. DEF 14A. Informatica's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, ACI Worldwide reciprocity. DEF 14A. ACI Worldwide's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
  • Section 10a, SS&C Technologies reciprocity. DEF 14A. SS&C Technologies's most recent proxy was read; its disclosed peer group does not include Stride. View filing ↗
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