[Form 4] SCHOLASTIC CORP Insider Trading Activity
Rhea-AI Filing Summary
Haji Glover, identified as EVP & Chief Financial Officer of Scholastic Corp (SCHL), reported a Section 16 transaction dated 10/01/2025. The filing shows 1,170 shares of common stock were disposed of through withholding to cover taxes at a price of $27.69 per share, representing shares withheld upon the vesting of 3,243 restricted stock units. After the withholding, the reporting person beneficially owned 25,744 shares. The Form 4 is signed by an attorney-in-fact on behalf of the reporting person on 10/02/2025.
Positive
- Post-transaction beneficial ownership of 25,744 shares remains disclosed, aiding transparency
- Transaction tied to RSU vesting, indicating the sale was for tax withholding rather than discretionary disposition
Negative
- None.
Insights
Officer tax-withholding on vested RSUs reduces reported holdings by 1,170 shares.
The Form 4 documents a routine withholding of 1,170 shares to satisfy taxes on the vesting of 3,243 restricted stock units on 10/01/2025. This is an administrative compensation-related transaction, not an open-market sale.
The filing clarifies post-transaction beneficial ownership of 25,744 shares for the reporting officer, which is useful for tracking insider ownership levels.
Transaction reflects RSU vesting and tax withholding, not discretionary cash sale.
The explanation explicitly states the withheld shares cover taxes on vested 3,243 RSUs, and the per-share price reported is $27.69. That ties the equity event to compensation delivery rather than an intentional divestiture.
Understanding these mechanics helps interpret changes in insider holdings without inferring shifts in conviction or liquidity needs.