SCHL Form 4: EVP Chris Lick withholds 147 shares at $26.8 for taxes
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.
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
- None.
Negative
- None.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 147 | $26.80 | $4K |
Footnotes (1)
- F1. Represents shares withheld to cover taxes owed upon the vesting 406 restricted stock units.
FAQ
What transaction did SCHL reporting person Chris Lick disclose on Form 4?
What is Chris Lick's role at Scholastic (SCHL) as listed on the Form 4?
When was the Form 4 signed and who signed it?
AI-generated analysis. How Rhea-AI works. Not financial advice.