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Scholastic awards director 3,700 stock units

A Scholastic Corp director received a 3,700-share restricted stock unit award that vests in 2027, increasing direct holdings to 18,539 shares.

(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. Walker Verdell reported acquisition or exercise transactions in this Form 4 filing.

Scholastic Corp (SCHL) reported that director Walker Verdell received a grant of 3,700 shares of common stock as restricted stock units on September 16, 2026, at a grant-date value of $35.13 per share. All units are scheduled to vest on the earlier of September 16, 2027 or the 2027 annual stockholder meeting, and Verdell now holds 18,539 shares directly. No Rule 10b5-1 trading plan is reported.

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Insider Walker Verdell
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 3,700 $35.13 $130K
Holdings After Transaction: Common Stock — 18,539 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 shares Grant to director Walker Verdell on September 16, 2026
Grant-date price per share $35.13 per share Value assigned to the September 16, 2026 restricted stock unit grant
Shares owned after transaction 18,539 shares Direct holdings of Walker Verdell following the grant
Vesting date Earlier of September 16, 2027 or 2027 annual stockholder meeting Schedule for vesting of the 3,700 restricted stock units
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
"Represents a grant of restricted stock units under the Amended and Restated"
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 insider transaction did SCHL disclose for Walker Verdell?

Scholastic Corp disclosed that director Walker Verdell received a grant of 3,700 restricted stock units of common stock on September 16, 2026, under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan.

At what price were Walker Verdell’s SCHL restricted stock units valued?

The 3,700 restricted stock units granted to Walker Verdell were valued at a grant-date price of $35.13 per share, as reported for the common stock award on September 16, 2026.

When do Walker Verdell’s 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’s 2027 annual stockholder meeting, according to the terms of the director stock incentive plan.

How many SCHL shares does Walker Verdell own after this grant?

Following the September 16, 2026 grant, Walker Verdell directly holds 18,539 shares of Scholastic Corp common stock, as reported in the Form 4 filing.

Was Walker Verdell’s SCHL equity grant made under a Rule 10b5-1 plan?

No. The filing indicates no Rule 10b5-1 trading plan for this transaction, as the relevant checkbox is not selected and no footnote describes a pre-arranged trading plan.

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*
Walker Verdell

(Last)(First)(Middle)
C/O SCHOLASTIC CORPORATION
ATTN: CORPORATE SECRETARY, 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$35.1318,539D
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/ Verdell Walker 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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