[Form 4] SCHOLASTIC CORP Insider Trading Activity
Paul Hukkanen, SVP and Chief Accounting Officer of Scholastic Corp (SCHL), reported a transaction on 09/26/2025 in which 291 shares of Common Stock were disposed of at a price of $26.80 per share. The Form 4 shows 14,019 shares beneficially owned after the transaction. The filing includes an explanation that the shares were withheld to cover taxes due upon the vesting of 947 restricted stock units, indicating this was a tax-withholding sale rather than an open-market diversification. The form was signed on 09/30/2025 by an attorney-in-fact.
Paul Hukkanen, SVP e Chief Accounting Officer di Scholastic Corp (SCHL), ha segnalato una transazione il 26/09/2025 in cui sono state dispose 291 azioni ordinarie al prezzo di 26,80 USD per azione. Il Form 4 mostra 14.019 azioni detenute beneficiariamente dopo la transazione. La dichiarazione include una spiegazione secondo cui le azioni sono state trattenute per coprire le imposte dovute al vesting di 947 unità di azioni vincolate, indicando che si è trattato di una vendita per trattenuta fiscale anziché una diversificazione sul mercato aperto. Il modulo è stato firmato il 30/09/2025 da un procuratore-in-fatto.
Paul Hukkanen, SVP y Chief Accounting Officer de Scholastic Corp (SCHL), reportó una operación el 26/09/2025 en la que se dispusieron 291 acciones ordinarias a un precio de 26,80 USD por acción. El Formulario 4 muestra que, después de la operación, posee 14.019 acciones beneficiosas. La presentación incluye una explicación de que las acciones fueron retenidas para cubrir impuestos debidos ante el vesting de 947 unidades de acciones restringidas, lo que indica que se trató de una venta por retención de impuestos y no de una diversificación en el mercado abierto. El formulario fue firmado el 30/09/2025 por un apoderado (attorney-in-fact).
Paul Hukkanen, Scholastic Corp의 SVP 겸 Chief Accounting Officer(SCHL), 2025-09-26에 291주를 주당 26.80달러에 처분한 거래를 보고했습니다. Form 4에는 거래 후 14,019주를 실질적으로 보유하게 되었음이 표시됩니다. 제출 서류에는 보유 주식이 947주 제한주식단위의 vesting으로 인해 세금을 충당하기 위해 보류되었다는 설명이 포함되어 있으며, 이는 개별 시장 다각화가 아닌 세금 보유 매각임을 나타냅니다. 서류는 2025-09-30에 대리인(attorney-in-fact)이 서명했습니다.
Paul Hukkanen, SVP et Chief Accounting Officer de Scholastic Corp (SCHL), a signalé une transaction le 26/09/2025 au cours de laquelle 291 actions ordinaires ont été cédées au prix de 26,80 USD par action. Le Form 4 indique qu’après la transaction il détient 14.019 actions bénéficiaires. L’enregistrement comprend une explication selon laquelle les actions ont été retenues pour couvrir les impôts dus lors du vesting de 947 unités d’actions restreintes, indiquant qu’il s’agissait d’une vente pour retenue d’impôt plutôt que d’une diversification sur le marché libre. Le formulaire a été signé le 30/09/2025 par un agent-in-fact.
Paul Hukkanen, SVP und Chief Accounting Officer der Scholastic Corp (SCHL), meldete eine Transaktion am 26.09.2025, bei der 291 Stammaktien zu einem Preis von 26,80 USD pro Aktie veräußert wurden. Das Formular 4 zeigt nach der Transaktion 14.019 Aktien, die beneficial ownership umfassen. Die Einreichung enthält eine Erklärung, dass die Aktien zurückgehalten wurden, um Steuern zu decken, die bei der Vesting von 947 Restricted Stock Units fällig werden, was darauf hinweist, dass es sich um einen steuerbedingten Verkauf und nicht um eine Diversifikation am offenen Markt handelte. Das Formular wurde am 30.09.2025 von einem Bevollmächtigten unterschrieben.
Paul Hukkanen، نائب رئيس أول ورئيس المحاسبة في Scholastic Corp (SCHL)، أبلغ عن معاملة في 26/09/2025 تم فيها التصرف في 291 سهماً من الأسهم العادية بسعر 26,80 دولارًا أمريكيًا للسهم الواحد. يظهر النموذج 4 أن الملكية المفيدة بعد المعاملة بلغت 14.019 سهماً. يتضمن الإبلاغ شرحاً بأن الأسهم حُجزت لتغطية الضرائب المستحقة عند vesting لـ947 وحدة أسهم مقيدة، مما يشير إلى أن هذه كانت بيعاً من أجل حجز ضريبي وليس تنويعاً في السوق المفتوحة. تم توقيع النموذج في 30/09/2025 من قبل وكيل (attorney-in-fact).
Paul Hukkanen，Scholastic Corp（SCHL）的高级副总裁兼首席会计官，报告了在2025-09-26的一笔交易，处置了291股普通股，单价为每股26.80美元。Form 4显示交易后实际持有14,019股。申报中包含说明，股票被扣留以支付因 947 股受限股票单位归属而产生的税款，这表明这是一次为了税务代扣的出售，而非公开市场的多元化。表格由一名代理人于2025-09-30签署。
- Disclosure is specific: transaction date, amount, price and post-transaction ownership are provided
- Transaction is routine tax withholding: the filing explains shares were withheld to cover taxes on 947 vested RSUs
- Officer retains meaningful stake: 14,019 shares remain beneficially owned after the disposition
- None.
Insights
TL;DR Routine tax-withholding sale by an officer; not a signal of material change in ownership.
The disposition of 291 shares at $26.80 to satisfy tax obligations from the vesting of 947 restricted stock units is a common administrative transaction. The officer retains a substantial position of 14,019 shares after the transaction, so this filing does not materially change beneficial ownership or indicate a strategic shift. No derivative transactions or additional dispositions are disclosed.
TL;DR Transaction appears procedural and compliant with Section 16 reporting requirements.
The Form 4 uses transaction code F and includes an explicit explanation that shares were withheld for tax withholding on vested RSUs. This matches accepted practice for executive compensation settlements. The filing is timely and properly signed by an attorney-in-fact, suggesting appropriate governance and disclosure controls.
Paul Hukkanen, SVP e Chief Accounting Officer di Scholastic Corp (SCHL), ha segnalato una transazione il 26/09/2025 in cui sono state dispose 291 azioni ordinarie al prezzo di 26,80 USD per azione. Il Form 4 mostra 14.019 azioni detenute beneficiariamente dopo la transazione. La dichiarazione include una spiegazione secondo cui le azioni sono state trattenute per coprire le imposte dovute al vesting di 947 unità di azioni vincolate, indicando che si è trattato di una vendita per trattenuta fiscale anziché una diversificazione sul mercato aperto. Il modulo è stato firmato il 30/09/2025 da un procuratore-in-fatto.
Paul Hukkanen, SVP y Chief Accounting Officer de Scholastic Corp (SCHL), reportó una operación el 26/09/2025 en la que se dispusieron 291 acciones ordinarias a un precio de 26,80 USD por acción. El Formulario 4 muestra que, después de la operación, posee 14.019 acciones beneficiosas. La presentación incluye una explicación de que las acciones fueron retenidas para cubrir impuestos debidos ante el vesting de 947 unidades de acciones restringidas, lo que indica que se trató de una venta por retención de impuestos y no de una diversificación en el mercado abierto. El formulario fue firmado el 30/09/2025 por un apoderado (attorney-in-fact).
Paul Hukkanen, Scholastic Corp의 SVP 겸 Chief Accounting Officer(SCHL), 2025-09-26에 291주를 주당 26.80달러에 처분한 거래를 보고했습니다. Form 4에는 거래 후 14,019주를 실질적으로 보유하게 되었음이 표시됩니다. 제출 서류에는 보유 주식이 947주 제한주식단위의 vesting으로 인해 세금을 충당하기 위해 보류되었다는 설명이 포함되어 있으며, 이는 개별 시장 다각화가 아닌 세금 보유 매각임을 나타냅니다. 서류는 2025-09-30에 대리인(attorney-in-fact)이 서명했습니다.
Paul Hukkanen, SVP et Chief Accounting Officer de Scholastic Corp (SCHL), a signalé une transaction le 26/09/2025 au cours de laquelle 291 actions ordinaires ont été cédées au prix de 26,80 USD par action. Le Form 4 indique qu’après la transaction il détient 14.019 actions bénéficiaires. L’enregistrement comprend une explication selon laquelle les actions ont été retenues pour couvrir les impôts dus lors du vesting de 947 unités d’actions restreintes, indiquant qu’il s’agissait d’une vente pour retenue d’impôt plutôt que d’une diversification sur le marché libre. Le formulaire a été signé le 30/09/2025 par un agent-in-fact.
Paul Hukkanen, SVP und Chief Accounting Officer der Scholastic Corp (SCHL), meldete eine Transaktion am 26.09.2025, bei der 291 Stammaktien zu einem Preis von 26,80 USD pro Aktie veräußert wurden. Das Formular 4 zeigt nach der Transaktion 14.019 Aktien, die beneficial ownership umfassen. Die Einreichung enthält eine Erklärung, dass die Aktien zurückgehalten wurden, um Steuern zu decken, die bei der Vesting von 947 Restricted Stock Units fällig werden, was darauf hinweist, dass es sich um einen steuerbedingten Verkauf und nicht um eine Diversifikation am offenen Markt handelte. Das Formular wurde am 30.09.2025 von einem Bevollmächtigten unterschrieben.
FAQ
What did Paul Hukkanen report on his Form 4 for SCHL?
Why were the 291 shares disposed according to the filing?
What is Paul Hukkanen's role at Scholastic (SCHL)?
When was the Form 4 signed and filed?
Does this Form 4 show any derivative transactions or exercises?
