Scholastic CFO has 2,626 shares withheld for taxes
Tax withholding accompanied vesting of 4,848 restricted stock units; the CFO directly held 22,696 shares afterward.
Rhea-AI Filing Summary
Scholastic Corp EVP & Chief Financial Officer Glover Haji had 2,626 shares withheld on September 23, 2026, to cover taxes owed upon vesting 4,848 restricted stock units. The reported per-share price was $35.09, and he held 22,696 shares directly following the transaction. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,626 shares
Tax Withholding
1 txn
Insider
Glover Haji
Role
EVP & CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,626 | $35.09 | $92K |
Holdings After Transaction:
Common Stock — 22,696 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover taxes owed upon the vesting 4,848 restricted stock units.
Key Figures
Shares withheld: 2,626 shares
Restricted stock units vested: 4,848 restricted stock units
Reported per-share price: $35.09 per share
+1 more
4 metrics
Shares withheld
2,626 shares
September 23, 2026, to cover taxes owed
Restricted stock units vested
4,848 restricted stock units
Vesting associated with the tax withholding
Reported per-share price
$35.09 per share
September 23, 2026
Direct holdings following transaction
22,696 shares
After the September 23, 2026 transaction
Key Terms
restricted stock units, vesting, withheld
3 terms
restricted stock units financial
"vesting 4,848 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 4,848 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.
withheld financial
"shares withheld to cover taxes owed"
FAQ
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AI-generated analysis. How Rhea-AI works. Not financial advice.