STOCK TITAN

[Form 4] SCHOLASTIC CORP Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Iole Lucchese, EVP & Chief Strategy Officer and a director of Scholastic Corp (SCHL), reported the sale of 2,981 shares of Scholastic common stock on 10/01/2025 at a price of $27.69 per share. After the reported disposition, Ms. Lucchese directly owns 105,032 shares. The filing also discloses 579,247 shares held by the Estate of M. Richard Robinson Jr., for which Ms. Lucchese is a preliminary executor and which she disclaims beneficial ownership of except to the extent of any pecuniary interest. The form explains the sale represented shares withheld to cover taxes on the vesting of 5,838 restricted stock units.

Iole Lucchese, EVP e Direttore della Strategia e una direttrice di Scholastic Corp (SCHL), ha riferito la vendita di 2.981 azioni ordinarie Scholastic in data 10/01/2025 al prezzo di $27,69 per azione. Dopo la disposizione riportata, la signora Lucchese possiede direttamente 105.032 azioni. La dichiarazione segnala anche 579.247 azioni detenute dall'Estate di M. Richard Robinson Jr., per le quali la signora Lucchese è esecutore preliminare e a cui rinuncia a una proprietà beneficiaria salvo per eventuali interessi pecuniari. Il modulo spiega che la vendita rappresentava azioni trattenute per coprire le tasse sull vesting di 5.838 unità di azioni vincolate.

Iole Lucchese, EVP y Directora de Estrategia y miembro de la junta de Scholastic Corp (SCHL), informó la venta de 2.981 acciones comunes de Scholastic en 01/10/2025 a un precio de $27.69 por acción. Después de la disposición reportada, la Sra. Lucchese posee directamente 105.032 acciones. La presentación también divulga 579.247 acciones en poder de la Herencia de M. Richard Robinson Jr., de las cuales la Sra. Lucchese es una albacea preliminar y de las que ella renuncia a la propiedad beneficiosa salvo en la medida de cualquier interés pecuniario. El formulario explica que la venta representaba acciones retenidas para cubrir impuestos sobre la consolidación de 5.838 unidades de acciones restringidas.

이올레 루치체, EVP 겸 최고전략책임자 및 Scholastic Corp (SCHL) 이사의 보좌, Scholastic 보통주 2,981주를 2025년 10월 1일에 주당 $27.69의 가격으로 매도했다고 보고했습니다. 보고된 처분 후, 루치체 여사는 직접 105,032주를 보유합니다. 제출서는 또한 579,247주가 마피 상속재산으로 보유되며, 이 상속재산의 초대집행자(preliminary executor)인 루치체 여사는 재정적 이해관계가 있을 때를 제외하고는 유익한 소유권을 부인한다고 밝힙니다. 양식은 매도가 vesting에 따른 세금을 충당하기 위해 보류된 주식임을 설명합니다. 5,838주의 Restricted Stock Units를 포함합니다.

Iole Lucchese, EVP et Directrice de la Stratégie et administratrice de Scholastic Corp (SCHL), a déclaré la vente de 2.981 actions ordinaires Scholastic le 01/10/2025 à un prix de $27,69 par action. Après la disposition signalée, Mme Lucchese détient directement 105.032 actions. Le dossier divulgue également 579.247 actions détenues par la succession de M. Richard Robinson Jr., pour lesquelles Mme Lucchese est exécuteur testamentaire préliminaire et dont elle déclare ne pas être bénéficiaire, sauf à hauteur de tout intérêt financier. Le formulaire explique que la vente représentait des actions retenues pour couvrir les impôts sur la vesting de 5.838 unités d’actions restreintes.

Iole Lucchese, EVP und Chief Strategy Officer und Direktorin der Scholastic Corp (SCHL), hat den Verkauf von 2.981 Scholastic Stammaktien am 01.10.2025 zu einem Preis von $27,69 pro Aktie gemeldet. Nach der gemeldeten Veräußerung besitzt Frau Lucchese direkt 105.032 Aktien. Die Einreichung nennt außerdem 579.247 Aktien, die von der Estate von M. Richard Robinson Jr. gehalten werden, für die Frau Lucchese als vorläufige Testamentsvollstreckerin fungiert und deren Eigentum sie zugunsten eines eventuellen finanziellen Interesses ablehnt. Das Formular erklärt, dass der Verkauf Aktien repräsentierte, die zurückgehalten wurden, um Steuern auf das Vesting von 5.838 Restricted Stock Units abzudecken.

إيولي لوتشيسيه، نائب الرئيس التنفيذي للشؤون المؤسسية وكبير مسؤولي الاستراتيجية وعضوة مجلس إدارة Scholastic Corp (SCHL)، أبلغت ببيع 2,981 سهماً من أسهم Scholastic العادية في 01/10/2025 بسعر $27.69 للسهم الواحد. بعد هذه التصرفات المباشرة، تملك السيدة لوتشيسيه مباشرة 105,032 سهماً. كما تكشف الإفصاحات عن 579,247 سهماً مملوكة من قبل Estate of M. Richard Robinson Jr., والتى تعتبرها السيدة لوتشيسيه منفذة أولية وليست لها ملكية مستفيدة باستثناء أي مصلحة مالية. يوضح النموذج أن البيع كان يمثل أسهماً محجوزة لتغطية ضرائب الاستحقاق الخاصة بـ 5,838 وحدة أسهم مقيدة.

Iole Lucchese,执行副总裁兼首席战略官,以及 Scholastic Corp(SCHL) 的董事,披露在 2025/10/01 以每股 $27.69 的价格出售了 2,981 股 Scholastic 普通股。披露后,卢凯塞女士直接持有 105,032 股。 filing 还披露由 M. Richard Robinson Jr. 遗产持有的 579,247 股,卢凯塞女士是初步执行人且对其不享有受益所有权,除非存在任何金钱利益。表格解释此次出售是为了覆盖对 5,838 股受限股票单位的归属所需的税款而扣留的股份。

Positive
  • Timely disclosure of the transaction on a Form 4 shows compliance with reporting requirements
  • Sale tied to tax withholding for 5,838 vested restricted stock units, indicating non-discretionary disposition
Negative
  • Reduction in direct holdings to 105,032 shares following the transaction
  • Large estate-held position of 579,247 shares exists where the reporting person is a preliminary executor

Insights

TL;DR: Officer and director reported a small tax-withholding sale; large estate holdings are disclosed separately.

What it means: The Form 4 shows a 10/01/2025 disposition of 2,981 shares at $27.69 to satisfy tax obligations from the vesting of 5,838 RSUs, reducing direct holdings to 105,032 shares.

Why it matters: The transaction is routine tax withholding rather than a discretionary open-market sale by the reporting person, and the filing documents compliance with Section 16 reporting rules. Separate disclosure of 579,247 shares held by the Estate of M. Richard Robinson Jr. clarifies potential related-party holdings while the reporting person disclaims beneficial ownership.

Iole Lucchese, EVP e Direttore della Strategia e una direttrice di Scholastic Corp (SCHL), ha riferito la vendita di 2.981 azioni ordinarie Scholastic in data 10/01/2025 al prezzo di $27,69 per azione. Dopo la disposizione riportata, la signora Lucchese possiede direttamente 105.032 azioni. La dichiarazione segnala anche 579.247 azioni detenute dall'Estate di M. Richard Robinson Jr., per le quali la signora Lucchese è esecutore preliminare e a cui rinuncia a una proprietà beneficiaria salvo per eventuali interessi pecuniari. Il modulo spiega che la vendita rappresentava azioni trattenute per coprire le tasse sull vesting di 5.838 unità di azioni vincolate.

Iole Lucchese, EVP y Directora de Estrategia y miembro de la junta de Scholastic Corp (SCHL), informó la venta de 2.981 acciones comunes de Scholastic en 01/10/2025 a un precio de $27.69 por acción. Después de la disposición reportada, la Sra. Lucchese posee directamente 105.032 acciones. La presentación también divulga 579.247 acciones en poder de la Herencia de M. Richard Robinson Jr., de las cuales la Sra. Lucchese es una albacea preliminar y de las que ella renuncia a la propiedad beneficiosa salvo en la medida de cualquier interés pecuniario. El formulario explica que la venta representaba acciones retenidas para cubrir impuestos sobre la consolidación de 5.838 unidades de acciones restringidas.

이올레 루치체, EVP 겸 최고전략책임자 및 Scholastic Corp (SCHL) 이사의 보좌, Scholastic 보통주 2,981주를 2025년 10월 1일에 주당 $27.69의 가격으로 매도했다고 보고했습니다. 보고된 처분 후, 루치체 여사는 직접 105,032주를 보유합니다. 제출서는 또한 579,247주가 마피 상속재산으로 보유되며, 이 상속재산의 초대집행자(preliminary executor)인 루치체 여사는 재정적 이해관계가 있을 때를 제외하고는 유익한 소유권을 부인한다고 밝힙니다. 양식은 매도가 vesting에 따른 세금을 충당하기 위해 보류된 주식임을 설명합니다. 5,838주의 Restricted Stock Units를 포함합니다.

Iole Lucchese, EVP et Directrice de la Stratégie et administratrice de Scholastic Corp (SCHL), a déclaré la vente de 2.981 actions ordinaires Scholastic le 01/10/2025 à un prix de $27,69 par action. Après la disposition signalée, Mme Lucchese détient directement 105.032 actions. Le dossier divulgue également 579.247 actions détenues par la succession de M. Richard Robinson Jr., pour lesquelles Mme Lucchese est exécuteur testamentaire préliminaire et dont elle déclare ne pas être bénéficiaire, sauf à hauteur de tout intérêt financier. Le formulaire explique que la vente représentait des actions retenues pour couvrir les impôts sur la vesting de 5.838 unités d’actions restreintes.

Iole Lucchese, EVP und Chief Strategy Officer und Direktorin der Scholastic Corp (SCHL), hat den Verkauf von 2.981 Scholastic Stammaktien am 01.10.2025 zu einem Preis von $27,69 pro Aktie gemeldet. Nach der gemeldeten Veräußerung besitzt Frau Lucchese direkt 105.032 Aktien. Die Einreichung nennt außerdem 579.247 Aktien, die von der Estate von M. Richard Robinson Jr. gehalten werden, für die Frau Lucchese als vorläufige Testamentsvollstreckerin fungiert und deren Eigentum sie zugunsten eines eventuellen finanziellen Interesses ablehnt. Das Formular erklärt, dass der Verkauf Aktien repräsentierte, die zurückgehalten wurden, um Steuern auf das Vesting von 5.838 Restricted Stock Units abzudecken.

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*
Lucchese Iole

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CHIEF STRATEGY OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
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 10/01/2025 F 2,981(1) D $27.69 105,032 D
Common Stock 579,247(2) I Estate of M. Richard Robinson
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 of 5,838 restricted stock units.
2. As previously disclosed, Ms. Lucchese is a preliminary executor of the Estate of M. Richard Robinson, Jr. These securities are held by the Estate of M. Richard Robinson Jr. Ms. Lucchese disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
/s/ Iole Lucchese by Andrew S. Hedden, Esq., Attorney-in-fact 10/02/2025
** 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.

FAQ

What did SCHL insider Iole Lucchese report on 10/01/2025?

Ms. Lucchese reported a disposition of 2,981 shares at $27.69 per share on 10/01/2025 to cover taxes from vested RSUs.

How many Scholastic shares does Iole Lucchese directly own after the sale?

Following the reported transaction, Ms. Lucchese directly owns 105,032 shares.

Why were the shares sold according to the Form 4?

The filing states the shares were withheld to cover taxes owed upon the vesting of 5,838 restricted stock units.

Are there additional Scholastic shares connected to Ms. Lucchese?

Yes, the Form 4 discloses 579,247 shares held by the Estate of M. Richard Robinson Jr., for which Ms. Lucchese is a preliminary executor and disclaims beneficial ownership except for any pecuniary interest.

Was the Form 4 filed jointly or individually?

The Form 4 was filed by one reporting person (individual filing).
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