Educational Development Corporation's SEC filings document material events for a Nasdaq-listed children’s publishing and educational-products company. Recent 8-K reports cover fiscal operating results, Regulation FD announcements, earnings-call materials, annual meeting dates, record-date disclosure, and exhibits furnished with press releases.
The filings also describe capital-structure and liquidity matters, including a revolving credit agreement, collateral arrangements, repayment and termination of prior bank debt, and the completed sale and leaseback of the company’s headquarters and distribution warehouse. Governance-related disclosures include common stock registration details, shareholder meeting mechanics, and proxy-vote record information.
Educational Development Corporation announced the schedule for its fiscal year 2026 earnings call and its 2026 Annual Meeting of Shareholders. The earnings call, with a live Q&A webcast, will take place on May 19, 2026 at 3:30 PM CT (4:30 PM ET).
The Annual Meeting of Shareholders will be held on July 8, 2026 at 10:00 AM CT (11:00 AM ET) at the company’s Tulsa corporate offices. Shareholders of record at the close of business on May 19, 2026 are entitled to vote, and proxy materials and the Annual Report will be made available on or around May 28, 2026.
Educational Development Corporation entered into a new Credit Agreement with Regent Bank providing a revolving loan facility of up to $2,000,000. This revolving promissory note gives the company access to short-term borrowing but no funds were drawn at closing.
The facility is secured by the company’s assets, including accounts receivable, inventory, equipment and excess land, and is backed by a personal guarantee from President and CEO Craig White. Management highlights that the new relationship with Regent Bank is expected to provide greater borrowing capacity and lower interest rates compared with the prior lender, supporting the purchase of new titles and the company’s growth strategy. The company also plans to transition its treasury and other financial services to Regent Bank.
Educational Development Corporation reported net earnings of $7.8 million for the quarter ended November 30, 2025, reversing a prior-year net loss of $0.8 million. The swing was driven largely by a $12.2 million gain on the sale and leaseback of its Hilti Complex, which generated about $29.9 million of cash and was used to repay roughly $30.0 million of term debt and revolving credit.
Net revenues fell to $7.0 million from $11.1 million as both the PaperPie and Publishing segments saw sales decline, reflecting fewer active Brand Partners, higher discounts, and tariff-driven cost pressures. Operating results excluding the asset sale remained weak, and management discloses that recurring operating losses and dependence on rebuilding PaperPie and reducing inventory raise substantial doubt about the company’s ability to continue as a going concern, despite improved liquidity and the elimination of bank debt.
Educational Development Corporation filed a current report stating that it has released its fiscal 2026 third quarter financial results through a press release. The company also announced that its fiscal 2026 earnings call will be held on January 8, 2026 at 3:30 PM CT (4:30 PM ET). The press release containing the detailed results is furnished as Exhibit 99.1 to the report and is incorporated by reference.
Educational Development Corp (EDUC) Chief Executive Officer and director Craig M. White reported insider transactions in company stock. On 11/14/2025, he acquired 33,029 shares of common stock through the employees 401(k) plan at various prices, and on the same date disposed of 11,419 shares at $1.35 per share. After these trades, he directly beneficially owned 633,831 shares of EDUC common stock.
Educational Development Corp (EDUC) reported insider transactions by its Chief Financial Officer, Dan O'Keefe, on a Form 4. On 11/14/2025, he acquired 9,407 shares of common stock, noted as being purchased through the employee 401(k) plan at various prices. On the same date, he also disposed of 11,419 shares of common stock at a price of $1.35 per share. After these transactions, he directly beneficially owned 151,640 shares of EDUC common stock.
Educational Development Corp11/14/2025, she acquired 18,158 shares of common stock through the company’s 401(k) plan at various prices, then disposed of 11,419 shares at $1.35 per share. After these transactions, she beneficially owned 160,391 shares of EDUC common stock directly.
Educational Development Corporation (EDUC) completed a sale-leaseback of its Tulsa headquarters and warehouse, selling the Hilti Complex for $32,200,000 and using the proceeds to repay bank debt.
The company repaid approximately $30.0 million to BOKF, NA, terminating its credit agreement with no early termination penalties. All related security interests, mortgages, liens, and encumbrances were released upon repayment.
EDUC assigned existing third-party tenant leases to the buyer and entered a new 10-year triple-net lease for its occupied space at an initial rate of $8.00 per square foot, with 2.5% annual escalations and two five-year renewal options. Under triple-net terms, the company and other tenants are responsible for utilities, insurance, property taxes, and regular maintenance.
Educational Development Corporation (EDUC) reported an insider transaction on a Form 4. A director acquired 4,000 shares of common stock on 10/15/2025, coded P (purchase), at a price of $1.26 per share. Following the transaction, the director beneficially owns 6,000 shares, listed as Direct ownership.
The filing’s note states: “Shares issued as part of Board Compensation.”
Educational Development Corp (EDUC) director reported an open-market purchase of common stock. On 10/15/2025, the insider acquired 4,000 shares at $1.26 per share (Transaction Code: P), bringing total beneficial ownership to 8,529 shares, held directly. The filing notes the shares were issued as part of Board compensation.