Scholastic director sells 2,112 shares at $40.28
SCHOLASTIC CORP (SCHL) reported an insider equity transaction by director Andres A. Alonso.
Rhea-AI Filing Summary
SCHOLASTIC CORP (SCHL) reported an insider equity transaction by director Andres A. Alonso. On 2026-08-26, he exercised stock options for 2,112 shares of common stock at an exercise price of $38.56 per share and immediately sold 2,112 common shares at $40.28 per share in a market transaction. The exercised option grant for 2,112 shares is now fully exhausted.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 2,112 shares ($4K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Alonso Andres A
Role
Director
Sold
2,112 shs ($85K)
Approx. gross sale proceeds
$85K
Approx. exercise cost
$81K
Approx. pre-tax spread
$4K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock option (right to buy) | 2,112 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,112 | $38.56 | $81K |
| Sale | Common Stock | 2,112 | $40.28 | $85K |
Holdings After Transaction:
Stock option (right to buy) — 0 contracts (Direct);
Common Stock — 21,189 shares (Direct)
Key Figures
Options exercised: 2,112 shares
Option exercise price: $38.56 per share
Common shares acquired from exercise: 2,112 shares
+5 more
8 metrics
Options exercised
2,112 shares
Stock option (right to buy) exercised on 2026-08-26
Option exercise price
$38.56 per share
Exercise price for 2,112 stock options into common stock
Common shares acquired from exercise
2,112 shares
Common Stock received upon option exercise on 2026-08-26
Common shares sold
2,112 shares
Sale coded S on 2026-08-26
Sale price
$40.28 per share
Price for sale of 2,112 common shares on 2026-08-26
Option expiration date
2026-09-21
Expiration of the exercised stock option grant
Total shares following option transaction
0 derivative shares
Shares remaining in the reported option grant after exercise
Net buy/sell shares
-2,112 shares
Transaction summary netBuySellShares indicating net-sell direction
Key Terms
Stock option (right to buy), Exercise or conversion of derivative security, Sale in open market or private transaction, derivative security
4 terms
Stock option (right to buy) financial
"security_title: Stock option (right to buy)"
Exercise or conversion of derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
derivative security financial
"transaction_type: derivative"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did SCHL director Andres A. Alonso report on this Form 4?
He reported exercising 2,112 stock options for Scholastic Corp common stock at an exercise price of $38.56 per share on 2026-08-26, and selling 2,112 common shares the same day at a price of $40.28 per share in a market transaction.
Did the SCHL Form 4 involve an option exercise?
Yes. The filing shows a stock option exercise of 2,112 shares of Scholastic Corp common stock at an exercise price of $38.56 per share, with the underlying options expiring on 2026-09-21 and a reported remaining balance of 0 shares for that grant.
What type of security was exercised in the SCHL Form 4 filing?
The security exercised was a stock option (right to buy) for 2,112 underlying shares of Scholastic Corp common stock, with an exercise price of $38.56 per share and an expiration date of 2026-09-21.
Was the net effect of this SCHL Form 4 a purchase or a sale?
The transaction sequence shows an option exercise followed by a sale of the same 2,112 shares, producing a net sell of 2,112 shares of Scholastic Corp common stock, based on the filing’s transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
