[Form 4] SCHOLASTIC CORP Insider Trading Activity
Sasha Quinton, Executive Vice President and President of Scholastic Reading Events, reported a non-derivative transaction in Scholastic Corp. common stock on 09/26/2025. The filing shows a disposition of 849 shares at a reported price of $26.8 per share, leaving 55,321 shares beneficially owned directly after the transaction. The explanatory note states these shares were withheld to cover taxes related to the vesting of 2,706 restricted stock units. The Form 4 is signed by an attorney-in-fact on 09/30/2025.
- None.
- None.
Insights
TL;DR: Routine tax-withholding sale on RSU vesting; no indication of unusual insider trading.
The transaction reflects a standard withholding of shares to satisfy tax obligations arising from RSU vesting rather than an open-market sale for liquidity or other purposes. The reported disposition of 849 shares at $26.8 reduces direct holdings to 55,321 shares. There is no information in the filing indicating related party transfers, pledging, or sales beyond the withholding event. For governance review, this is a common compensation-related reporting item and does not by itself signal governance concerns.
TL;DR: Share withholding to cover taxes on RSUs; reflects normal compensation mechanics.
The explanatory note clarifies that 2,706 RSUs vested and 849 shares were withheld to cover taxes, implying a tax-withholding rate consistent with partial share retention. The transaction price is listed at $26.8 per share. This is a routine outcome of equity compensation programs and provides transparency on post-vesting share counts, showing the reporting person retains 55,321 shares following the withholding.