Scholastic executive has 2,110 shares withheld for taxes
The withholding followed vesting of 4,771 restricted stock units, with 63,574 direct common shares reported afterward.
Rhea-AI Filing Summary
Scholastic Corp EVP, Chief Growth Officer Jeffrey Mathews reported 2,110 common shares withheld to cover taxes owed upon vesting of 4,771 restricted stock units on September 23, 2026. The transaction row lists a price of $35.09 per share. His direct common-stock holdings following the transaction were 63,574 shares. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Tax Withholding: 2,110 shares
Tax Withholding
1 txn
Insider
Mathews Jeffrey
Role
EVP, CHIEF GROWTH OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,110 | $35.09 | $74K |
Holdings After Transaction:
Common Stock — 63,574 shares (Direct)
Footnotes (1)
- F1. Represents shares withheld to cover taxes owed upon the vesting of 4,771 restricted stock units.
Key Figures
Shares withheld for taxes: 2,110 shares
Reported per-share price: $35.09 per share
Restricted stock units vested: 4,771 restricted stock units
+1 more
4 metrics
Shares withheld for taxes
2,110 shares
Upon vesting of restricted stock units on September 23, 2026
Reported per-share price
$35.09 per share
Transaction on September 23, 2026
Restricted stock units vested
4,771 restricted stock units
Vesting associated with the tax withholding
Direct common shares following transaction
63,574 shares
Reported holdings after the transaction
Key Terms
restricted stock units, tax liability
2 terms
restricted stock units financial
"vesting of 4,771 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.
tax liability financial
"Payment of tax liability by delivering or withholding securities"
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