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Scholastic withholds 710 executive shares for taxes

The SVP and chief accounting officer reported 12,910 directly held shares after tax withholding tied to vesting of 1,551 restricted stock units.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

At SCHOLASTIC CORP (SCHL), SVP and Chief Accounting Officer Paul Hukkanen had 710 common shares withheld on September 23, 2026, to cover taxes owed upon vesting of 1,551 restricted stock units. The reported price was $35.09 per share, and his direct holdings following the transaction were 12,910 shares. No Rule 10b5-1 plan is reported.

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Insider Hukkanen Paul
Role SVP, CHIEF ACCT OFF
Type Security Shares Price Value
Tax Withholding Common Stock F1 710 $35.09 $25K
Holdings After Transaction: Common Stock — 12,910 shares (Direct)
Footnotes (1)
  1. F1. Represents shares withheld to cover taxes owed upon the vesting of 1,551 restricted stock units.
Common shares withheld 710 shares For taxes upon vesting of restricted stock units on September 23, 2026
Reported price $35.09 per share September 23, 2026 transaction
Restricted stock units 1,551 units Units whose vesting generated the taxes covered by the withholding
Direct holdings following transaction 12,910 shares After the September 23, 2026 transaction
restricted stock units financial
"vesting of 1,551 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"upon the vesting of 1,551 restricted stock 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.
withheld to cover taxes financial
"shares withheld to cover taxes owed"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many shares did Paul Hukkanen have withheld at SCHL?

Paul Hukkanen had 710 SCHL common shares withheld on September 23, 2026, to cover taxes owed upon vesting of 1,551 restricted stock units. The reported transaction price was $35.09 per share.

What were Paul Hukkanen's SCHL transaction price and resulting holdings?

The reported price was $35.09 per share, and Paul Hukkanen's direct holdings following the September 23, 2026 transaction were 12,910 shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hukkanen Paul

(Last)(First)(Middle)
C/O CORPORATE SECRETARY, SCHOLASTIC
557 BROADWAY

(Street)
NEW YORK NEW YORK 10012

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SCHOLASTIC CORP [ SCHL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, CHIEF ACCT OFF
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/23/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock09/23/2026F710(1)D$35.0912,910D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to cover taxes owed upon the vesting of 1,551 restricted stock units.
/s/ Paul Hukkanen by Andrew S. Hedden, Esq., Attorney-in-Fact09/25/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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