Scholastic (SCHL) CEO awarded stock and options in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scholastic Corp President & CEO Peter Warwick reported compensation-related equity transactions. He received a grant of 8,007 shares of Common Stock and a separate award of 7,048 stock options, both dated July 1, 2026.
To cover tax obligations, 8,345 Common Shares were disposed of as a tax-withholding transaction, not an open-market sale. After these transactions, Warwick directly holds 129,656 Common Shares, plus 7,048 options exercisable at $46.83 per share, which become exercisable on July 1, 2027 and expire on July 1, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Peter Warwick
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 7,048 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,345 | $46,830.00 | $390.80M |
| Grant/Award | Common Stock | 8,007 | $46.83 | $375K |
Holdings After Transaction:
Stock Options — 7,048 shares (Direct, null);
Common Stock — 129,656 shares (Direct, null)
Footnotes (1)
Key Figures
Common Stock grant: 8,007 shares
Stock options granted: 7,048 options at $46.83
Tax-withholding shares: 8,345 shares
+3 more
6 metrics
Common Stock grant
8,007 shares
Award of Common Stock on July 1, 2026
Stock options granted
7,048 options at $46.83
Exercise price per share; grant on July 1, 2026
Tax-withholding shares
8,345 shares
Shares disposed of to satisfy tax liabilities
Shares held after transactions
129,656 shares
Direct Common Stock holding following Form 4 activity
Option vesting date
July 1, 2027
Date options become exercisable
Option expiration date
July 1, 2033
Date stock options expire
Key Terms
tax-withholding disposition, Stock Options, exercise price, expiration date, +1 more
5 terms
tax-withholding disposition financial
"disposed of as a tax-withholding transaction, not an open-market sale"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Stock Options financial
"The filing reports a derivative security titled Stock Options"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"options exercisable at $46.83 per share as the exercise price"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"the options carry an expiration date of July 1, 2033"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
Common Stock financial
"He received a grant of 8,007 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Scholastic (SCHL) CEO Peter Warwick report in this Form 4?
Peter Warwick reported equity compensation transactions, not open-market trades. He received new Common Stock and stock option awards, alongside a tax-related share disposition. These entries reflect routine executive compensation activity rather than discretionary buying or selling in the market.
What stock options did Peter Warwick receive from Scholastic (SCHL)?
He received 7,048 stock options linked to Common Stock with an exercise price of $46.83 per share. These options become exercisable on July 1, 2027 and expire on July 1, 2033, providing long-dated equity-based compensation tied to Scholastic’s share performance.