Scholastic director granted 3,700 RSUs at $35.13
A Scholastic Corp director received a 3,700‑share restricted stock unit award that vests by the 2027 annual stockholder meeting, increasing his direct holdings to 18,862 shares.
Rhea-AI Filing Summary
SCHOLASTIC CORP (symbol: SCHL) is the issuer of record for a Form 4 filing submitted to the SEC. Dumont Robert Louis reported acquisition or exercise transactions in this Form 4 filing.
SCHOLASTIC CORP (SCHL) reported that director Robert Louis Dumont received an award of 3,700 shares of Common Stock on September 16, 2026. The award is in the form of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan and is scheduled to vest on the earlier of September 16, 2027 or the date of the company’s 2027 annual stockholder meeting. Following this grant, Dumont holds 18,862 shares of Scholastic common stock directly, and 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
FAQ
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What insider transaction did SCHL disclose for director Robert Louis Dumont?
At what price were the SCHL restricted stock units granted to the director?
When do the newly granted SCHL restricted stock units vest?
Was the SCHL director’s equity grant made under a Rule 10b5-1 trading plan?
What plan governs the SCHL restricted stock unit grant to the director?
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