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Scholastic insider sale: 147 shares withheld after 406 RSUs vest

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Insider Form 4 filing for SCHL: Chris Lick, EVP and General Counsel of Scholastic Corp., reported a sale on 09/26/2025 tied to tax withholding for vested restricted stock units. The filing shows 147 shares were disposed at a reported price of $26.8 to satisfy taxes on 406 restricted stock units that vested. Following the transaction, Mr. Lick beneficially owns 12,750 shares. The form was signed by an attorney-in-fact on 09/30/2025.

Positive

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Negative

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Insights

TL;DR: Routine tax-withholding sale after RSU vesting; small disposal relative to reported holdings.

The transaction is documented as a tax-withholding disposition of 147 shares resulting from the vesting of 406 restricted stock units. The sale price is reported at $26.8 per share and leaves the reporting person with 12,750 shares beneficially owned. This type of entry is typical following equity compensation vesting and does not, by itself, indicate active trading intent beyond meeting tax obligations.

TL;DR: Administrative insider filing reflecting compensation settlement; disclosure appears complete.

The Form 4 discloses the relation of the reporting person as EVP and General Counsel and provides the required details: transaction date, code indicating disposition, number of shares withheld (147), the underlying RSUs (406), and remaining beneficial ownership (12,750). The filing is signed by an attorney-in-fact, consistent with procedural practice for insiders who use a representative to file.

Insider Lick Chris
Role EVP, GENERAL COUNSEL
Type Security Shares Price Value
Tax Withholding Common Stock 147 $26.80 $4K
Holdings After Transaction: Common Stock — 12,750 shares (Direct)
Footnotes (1)
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Lick Chris
(Last) (First) (Middle)
C/O CORPORATE SECRETARY, SCHOLASTIC
557 BROADWAY
(Street)
NEW YORK NY 10012
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SCHOLASTIC CORP [ SCHL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, GENERAL COUNSEL
3. Date of Earliest Transaction (Month/Day/Year)
09/26/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/26/2025 F 147(1) D $26.8 12,750 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to cover taxes owed upon the vesting 406 restricted stock units.
/s/ Chris Lick by Andrew S. Hedden, Esq., Attorney-in-Fact 09/30/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What transaction did SCHL reporting person Chris Lick disclose on Form 4?

The filing discloses a disposition of 147 shares on 09/26/2025 related to tax withholding for vested RSUs.

How many restricted stock units vested for Chris Lick and how many shares were withheld?

The explanation states 406 restricted stock units vested and 147 shares were withheld to cover taxes.

At what price were the shares disposed and what was the reporting person's ownership after the sale?

The shares were reported disposed at $26.8 per share, leaving 12,750 shares beneficially owned after the transaction.

What is Chris Lick's role at Scholastic (SCHL) as listed on the Form 4?

He is listed as an EVP, General Counsel and the Form 4 was filed by one reporting person.

When was the Form 4 signed and who signed it?

The form shows a signature by an attorney-in-fact, Andrew S. Hedden, Esq., dated 09/30/2025.