STOCK TITAN

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.

(Moderate)
(Neutral)
Form Type
4

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 Li Linda
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 3,700 $35.13 $130K
Holdings After Transaction: Common Stock — 17,396 shares (Direct)
Footnotes (1)
  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.
Restricted stock units granted 3,700 units Equity award to director Linda Li on September 16, 2026
Reference value per share $35.13 per share Value associated with the 3,700-unit restricted stock grant
Total shares following transaction 17,396 shares Linda Li’s directly held Scholastic common stock after the award
Vesting date September 16, 2027 All units vest on the earlier of this date or the 2027 annual meeting
restricted stock units financial
"Represents a grant of restricted stock units under the Amended and Restated"
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.
Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan financial
"under the Amended and Restated Scholastic Corporation Outside Directors Stock"
vest financial
"all of which are scheduled to vest on the earlier of September 16, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

FAQ

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

What equity award did director Linda Li receive from SCHL on September 16, 2026?

She received a grant of 3,700 restricted stock units representing Scholastic Corp common stock, with a reference value of $35.13 per share, under the company’s Amended and Restated Outside Directors Stock Incentive Plan.

When do Linda Li’s new SCHL restricted stock units vest?

All 3,700 restricted stock units are scheduled to vest on the earlier of September 16, 2027 or the date of Scholastic Corp’s 2027 annual stockholder meeting.

How many SCHL shares does Linda Li hold after this Form 4 transaction?

Following the grant, Linda Li is reported to directly hold 17,396 shares of Scholastic Corp common stock, including the newly awarded restricted stock units reported in this filing.

Was Linda Li’s SCHL equity grant made under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5‑1 checkbox is not marked, and the footnotes do not state that this award was made pursuant to a Rule 10b5‑1 or other pre-arranged trading plan.

What plan governs Linda Li’s new SCHL restricted stock units?

The 3,700 restricted stock units were granted under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, as described in the footnote to the transaction.

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*
Li Linda

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
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 Stock09/16/2026A3,700(1)A$35.1317,396D
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 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.
/s/ Linda Li, by Andrew S. Hedden, Esq., Attorney-in-fact09/18/2026
** 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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