Scholastic grants director 3,700 restricted stock units
A Scholastic Corp director received a new restricted stock unit grant as part of outside director equity compensation, increasing his reported direct holdings.
Rhea-AI Filing Summary
SCHOLASTIC CORP (symbol: SCHL) is the issuer of record for a Form 4 filing submitted to the SEC. Alonso Andres A reported acquisition or exercise transactions in this Form 4 filing.
Scholastic Corp (SCHL) reported that director Andres A. Alonso received an equity-based compensation award in the form of 3,700 shares of Common Stock on September 16, 2026. The award 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. Following this grant, Alonso’s directly held position is reported as 24,889 shares of Scholastic common stock, and no Rule 10b5-1 trading plan is reported for this transaction.
Positive
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Negative
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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 report for director Andres A. Alonso?
At what price was the SCHL director’s restricted stock unit grant valued?
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?
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