Scholastic Corp (SCHL) CEO receives stock unit grant and vested shares
Rhea-AI Filing Summary
Scholastic Corp President & CEO Peter Warwick reported equity compensation changes on July 21, 2026. He received a grant of 21,533 Performance Stock Units, scheduled to vest on July 21, 2027 based on specified fiscal-year performance goals, and expiring September 21, 2027. On the same date, 46,425 common shares were delivered upon vesting and payout of performance units granted July 15, 2025, and 25,674 shares were delivered or withheld at $46.44 per share as payment of an exercise price or tax liability. These transactions were not reported under a Rule 10b5-1 trading plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 20,751 shares
Net Buy
3 txns
Insider
Peter Warwick
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F2 | 21,533 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 46,425 | $46.44 | $2.16M |
| Exercise Price or Tax Liability | Common Stock | 25,674 | $46.44 | $1.19M |
Holdings After Transaction:
Performance Stock Units — 21,533 shares (Direct);
Common Stock — 158,414 shares (Direct)
Footnotes (2)
- F1. Represents shares acquired upon vesting and payout of performance share units granted on July 15, 2025.
- F2. Represents grant of performance share units which are scheduled to vest as of July 21, 2027 based on satisfaction of specified fiscal year performance goals.
Key Figures
Performance Stock Units granted: 21,533 units
PSU expiration date: September 21, 2027
Common shares delivered: 46,425 shares
+2 more
5 metrics
Performance Stock Units granted
21,533 units
Grant of performance stock units to CEO on July 21, 2026
PSU expiration date
September 21, 2027
Expiration date of performance stock units granted July 21, 2026
Common shares delivered
46,425 shares
Shares acquired upon vesting and payout of performance units granted July 15, 2025
Shares withheld for obligations
25,674 shares
Shares delivered or withheld to pay exercise price or tax liability on July 21, 2026
Reference share price
$46.44 per share
Price applied to common stock transactions on July 21, 2026
Key Terms
Performance Stock Units, vesting, specified fiscal year performance goals
3 terms
Performance Stock Units financial
"Represents grant of performance stock units which are scheduled to vest"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
vesting financial
"shares acquired upon vesting and payout of performance share units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
specified fiscal year performance goals financial
"based on satisfaction of specified fiscal year performance goals"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stock awards did Scholastic (SCHL) CEO Peter Warwick receive on July 21, 2026?
Peter Warwick received a grant of 21,533 Performance Stock Units and 46,425 common shares on July 21, 2026. The shares came from vesting of performance units granted July 15, 2025, while the new units are performance-based awards scheduled to vest in 2027.
What are the vesting terms of Peter Warwick’s new performance stock units at SCHL?
The new grant of 21,533 Performance Stock Units is scheduled to vest on July 21, 2027. Vesting depends on satisfaction of specified fiscal-year performance goals, meaning the actual payout will reflect how those performance targets are met.
Were Peter Warwick’s July 2026 SCHL transactions under a Rule 10b5-1 plan?
No. The Form 4’s Rule 10b5-1 checkbox was not marked, indicating these transactions were not reported as executed under a pre-arranged Rule 10b5-1 trading plan. Their timing therefore does not stem from an affirmed automatic plan.
When do Peter Warwick’s new SCHL performance units expire and vest?
The 21,533 Performance Stock Units granted on July 21, 2026 are scheduled to vest on July 21, 2027, subject to performance goals, and carry an expiration date of September 21, 2027. Both dates define the award’s performance and life cycle.