BlackRock (SCHL) reports 11.7% beneficial stake in Scholastic common stock
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of Scholastic Corp on an amended Schedule 13G. BlackRock and certain of its business units beneficially own 2,439,244 shares, representing 11.7% of Scholastic’s common stock.
BlackRock has sole voting power over 2,411,838 shares and sole dispositive power over 2,439,244 shares, with no shared voting or dispositive power. Various underlying clients may receive dividends or sale proceeds, but no individual person has more than 5% of the outstanding common shares.
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Key Figures
Beneficial ownership: 2,439,244 shares
Percent of class: 11.7%
Sole voting power: 2,411,838 shares
+3 more
6 metrics
Beneficial ownership
2,439,244 shares
Common stock of Scholastic Corp beneficially owned by BlackRock, Inc.
Percent of class
11.7%
Percentage of Scholastic Corp common stock class beneficially owned
Sole voting power
2,411,838 shares
Shares of Scholastic Corp over which BlackRock has sole voting power
Shared voting power
0 shares
Shares of Scholastic Corp over which BlackRock has shared voting power
Sole dispositive power
2,439,244 shares
Shares of Scholastic Corp over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
Shares of Scholastic Corp over which BlackRock has shared dispositive power
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, parent holding company, +1 more
5 terms
beneficially owned financial
"this reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 2,411,838.00 6 | Shared Voting Power"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 2,439,244.00 8 | Shared Dispositive Power"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
parent holding company financial
"If a parent holding company has filed this schedule, pursuant to (ii)(G)"
Schedule 13G regulatory
"this schedule, pursuant to (ii)(G), so indicate under Item 3(g)"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
How much of Scholastic Corp (SCHL) does BlackRock currently beneficially own?
BlackRock beneficially owns 2,439,244 shares of Scholastic Corp common stock, representing 11.7% of the outstanding class. These shares are held through certain BlackRock business units and related subsidiaries.
What dispositive power does BlackRock have over its Scholastic Corp (SCHL) holdings?
BlackRock has sole dispositive power over 2,439,244 shares of Scholastic Corp and no shared dispositive power. Sole dispositive power covers the ability to sell or otherwise dispose of these shares.
Do any individual clients of BlackRock hold more than 5% of Scholastic Corp (SCHL)?
No individual client has more than 5% of Scholastic Corp’s outstanding common shares. Various persons may receive dividends or sale proceeds, but each interest is below the 5% threshold.
Why is BlackRock filing an amended Schedule 13G/A for Scholastic Corp (SCHL)?
BlackRock files this Amendment No. 19 Schedule 13G/A to update its reported beneficial ownership of 11.7% of Scholastic Corp common stock, held through specified BlackRock business units and related entities.