Scholastic Corp. (SCHL) files to sell 3,250 common shares via Fidelity
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.
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Key Figures
Common shares to be sold: 3,250 shares
Indicated value of shares: $130,812.50
Restricted stock vesting 2024: 1,915 shares
+1 more
4 metrics
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
Key Terms
Restricted Stock Vesting, Compensation, Securities To Be Sold, Securities Sold During The Past 3 Months
4 terms
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.
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.
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.