Scholastic (NASDAQ: SCHL) investor to sell 2,112 shares in 2026
Rhea-AI Filing Summary
SCHOLASTIC CORP (SCHL) received a Rule 144 notice indicating that Andres A. Alonso intends to sell up to 2,112 shares of its common stock. The planned sale is to be effected through Fidelity Brokerage Services LLC on or about August 26, 2026 on NASDAQ.
The shares relate to a stock option exercise with cash as the form of payment from the issuer. The filing lists an aggregate market value of $85,071.36 for the shares to be sold and reports 18,034,475 shares of the same class outstanding.
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Key Figures
Shares to be sold: 2,112 shares
Aggregate market value: $85,071.36
Shares outstanding: 18,034,475 shares
+2 more
5 metrics
Shares to be sold
2,112 shares
Number of SCHOLASTIC CORP common shares covered by the Rule 144 notice
Aggregate market value
$85,071.36
Aggregate market value of the 2,112 shares to be sold
Shares outstanding
18,034,475 shares
SCHOLASTIC CORP common shares outstanding as referenced in the filing
Approximate date of sale
08/26/2026
Planned date for the sale of the shares on NASDAQ
Shares from stock option exercise
2,112 shares
Shares underlying the stock option exercise to be sold for cash consideration
Key Terms
Rule 144, aggregate market value, stock option exercise, securities to be sold
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | ... | 2112 | 85071.36 | 18034475 | 08/26/2026 | NASDAQ"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
stock option exercise financial
"Common | 08/26/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
securities to be sold financial
"144: Securities To Be Sold"
FAQ
What is the nature of the SCHL securities to be sold under this Form 144?
The securities are common stock of SCHOLASTIC CORP. The filing states that the 2,112 shares arise from a stock option exercise with cash as the consideration from the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.