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.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,700 | $35.13 | $130K |
Footnotes (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.
Key Figures
Key Terms
restricted stock units financial
Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan financial
vest financial
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