Vincent Mathis, EVP at Stride (NYSE:LRN), reported a large insider sell on October 31, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Mathis sold 10,587 shares of Stride. The total transaction amounted to $569,686.
Stride shares are trading down 0.0% at $54.98 at the time of this writing on Wednesday morning.
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Why Insider Transactions Are Important
Insider transactions shouldn't be used primarily to make an investing decision, however, they can ...