Scholastic executive has 2,786 shares withheld for taxes
The EVP, Pres. CBG's tax withholding followed the vesting of 6,012 restricted stock units.
Rhea-AI Filing Summary
At SCHOLASTIC CORP, EVP, Pres. CBG Quinton Sasha had 2,786 shares withheld on September 23, 2026, to cover taxes owed when 6,012 restricted stock units vested. The reported price was $35.09 per share, leaving direct holdings of 51,042 shares. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,786 shares
Tax Withholding
1 txn
Insider
Quinton Sasha
Role
EVP, Pres. CBG
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,786 | $35.09 | $98K |
Holdings After Transaction:
Common Stock — 51,042 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover taxes owed upon the vesting of 6,012 restricted stock units.
Key Figures
Shares withheld: 2,786 shares
Price per share: $35.09 per share
Restricted stock units vested: 6,012 restricted stock units
+1 more
4 metrics
Shares withheld
2,786 shares
For taxes upon vesting, September 23, 2026
Price per share
$35.09 per share
September 23, 2026
Restricted stock units vested
6,012 restricted stock units
Vesting associated with the tax withholding
Direct holdings after transaction
51,042 shares
Following the September 23, 2026 transaction
Key Terms
restricted stock units, vesting, tax liability
3 terms
restricted stock units financial
"vesting of 6,012 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 6,012 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.
tax liability financial
"Payment of tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the SCHL tax-withholding transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported for the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.