STOCK TITAN

Scholastic Corp. (SCHL) files to sell 3,250 common shares via Fidelity

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Scholastic Corp. relates to a planned disposition of common stock. The filing lists 3,250 common shares to be sold through Fidelity Brokerage Services LLC, with an indicated value of $130,812.50 and trading on NASDAQ.

It also notes prior equity compensation: 1,915 common shares from restricted stock vesting on September 18, 2024, and 1,335 common shares from restricted stock vesting on September 17, 2025, both described as compensation from the issuer.

Positive

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Negative

  • None.
Common shares to be sold 3,250 shares Planned sale of common stock through Fidelity Brokerage Services LLC
Indicated value of shares $130,812.50 Value associated with 3,250 common shares planned for sale
Restricted stock vesting 2024 1,915 shares Common shares from restricted stock vesting on September 18, 2024 as compensation
Restricted stock vesting 2025 1,335 shares Common shares from restricted stock vesting on September 17, 2025 as compensation
Restricted Stock Vesting financial
"Common | 09/18/2024 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Compensation financial
"1915 | 09/18/2024 | Compensation Common | 09/17/2025"
Securities To Be Sold regulatory
"144: Securities To Be Sold Common | 09/18/2024"
Securities Sold During The Past 3 Months regulatory
"144: Securities Sold During The Past 3 Months 144:"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What type of securities are covered in the SCHL Form 144 filing?

The filing covers common stock of Scholastic Corp.. It specifies a planned sale of 3,250 common shares through Fidelity Brokerage Services LLC, with the shares indicated as trading on NASDAQ.

How many SCHL shares are planned for sale under this Form 144?

The Form 144 indicates a potential sale of 3,250 common shares. These shares are associated with an indicated aggregate value of $130,812.50 and are to be handled by Fidelity Brokerage Services LLC.

What is the approximate value of SCHL shares referenced in the Form 144?

The document associates the planned sale with an indicated value of $130,812.50. This figure relates to the 3,250 common shares identified for potential sale through Fidelity Brokerage Services LLC on NASDAQ.

What restricted stock vesting is disclosed for SCHL in this filing?

The filing notes 1,915 common shares from restricted stock vesting on September 18, 2024. These shares are identified as compensation from the issuer, categorized under restricted stock vesting.

Are there additional SCHL restricted stock vestings mentioned beyond 2024?

Yes. The document also lists 1,335 common shares tied to restricted stock vesting on September 17, 2025. This grant is likewise identified as compensation from the issuer under restricted stock vesting.

Which broker is involved in the SCHL Form 144 planned sale?

The planned sale of 3,250 common shares is associated with Fidelity Brokerage Services LLC. The broker’s address is given as 900 Salem Street, Smithfield, RI 02917, with the shares indicated as trading on NASDAQ.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature