Scholastic grants director 3,700 stock units
Director Linda Li received a 3,700‑unit restricted stock grant that will vest by the earlier of September 16, 2027 or Scholastic’s 2027 annual meeting.
Rhea-AI Filing Summary
SCHOLASTIC CORP (symbol: SCHL) is the issuer of record for a Form 4 filing submitted to the SEC. Li Linda reported acquisition or exercise transactions in this Form 4 filing.
Scholastic Corp (SCHL) reported that director Linda Li received an equity award on September 16, 2026. She was granted 3,700 restricted stock units representing shares of common stock at a reference value of $35.13 per share, increasing her directly held position to 17,396 shares. All units are scheduled to vest on the earlier of September 16, 2027 or the date of the company’s 2027 annual stockholder meeting, and no Rule 10b5‑1 trading plan is reported for this award.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,700 | $35.13 | $130K |
Footnotes (1)
- F1. Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 16, 2027 or the date of the Company's 2027 annual stockholder meeting.
Key Figures
Key Terms
restricted stock units financial
Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan financial
vest financial
FAQ
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What equity award did director Linda Li receive from SCHL on September 16, 2026?
When do Linda Li’s new SCHL restricted stock units vest?
Was Linda Li’s SCHL equity grant made under a Rule 10b5-1 trading plan?
What plan governs Linda Li’s new SCHL restricted stock units?
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