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Vanguard disaggregates holdings; SCHL reporting shifts to subsidiaries (SCHL)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Scholastic Corp: The Vanguard Group filed Amendment No. 14 to its Schedule 13G/A reporting zero shares beneficially owned and 0% of Scholastic Corp common stock. The filing explains an internal realignment effective January 12, 2026, under SEC Release No. 34-39538 that caused certain subsidiaries and business divisions to report holdings separately.

The document states The Vanguard Group no longer is deemed to beneficially own securities held by those subsidiaries or divisions; those entities will report on a disaggregated basis and continue prior investment strategies. The filing is signed by the Head of Global Fund Administration on 03/27/2026.

Positive

  • None.

Negative

  • None.

Insights

Vanguard reports 0 shares after internal reorganization; subsidiary accounts now report separately.

The filing documents a structural change: an internal realignment effective 01/12/2026 that disaggregated beneficial ownership among Vanguard subsidiaries and business divisions in reliance on SEC Release No. 34-39538. The reported figure is 0 shares and 0% for The Vanguard Group as an entity.

Implications depend on subsidiary filings, which may show distributed holdings. Subsequent Schedule 13G/A or 13D filings by those entities will provide the detailed ownership picture.

Filing follows SEC guidance for disaggregation; identifies change in reporting entity.

The amendment cites SEC Release No. 34-39538 and states The Vanguard Group no longer is deemed to beneficially own securities held by certain subsidiaries; those subsidiaries will report separately. The filing is signed and dated 03/27/2026.

Key compliance note: watch for separate filings from Vanguard subsidiaries that may disclose beneficial positions and any filings that update aggregate beneficial ownership for the group.






807066105

(CUSIP Number)
03/13/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.


SCHEDULE 13G



The Vanguard Group
Signature:Ashley Grim
Name/Title:Head of Global Fund Administration
Date:03/27/2026

FAQ

What did The Vanguard Group report for SCHL in this amendment?

The filing reports 0 shares beneficially owned and 0% of Scholastic Corp common stock by The Vanguard Group. It attributes the change to an internal realignment effective 01/12/2026.

Why does Vanguard report zero ownership in this Schedule 13G/A?

Vanguard states an internal realignment led certain subsidiaries and business divisions to report holdings separately under SEC Release No. 34-39538. As a result, The Vanguard Group is no longer deemed to beneficially own those securities.

Will other Vanguard entities report positions in SCHL?

Yes. The amendment says certain subsidiaries or business divisions will report beneficial ownership separately; those separate Schedule 13G/A or 13D filings should show any holdings previously aggregated under Vanguard.

What is the effective date of Vanguard's realignment mentioned in the filing?

The filing references the internal realignment as of 01/12/2026 in accordance with SEC Release No. 34-39538, and the amendment is signed on 03/27/2026.

Who signed the Schedule 13G/A amendment for Vanguard?

The amendment is signed by Ashley Grim, Head of Global Fund Administration, on 03/27/2026.
Scholastic Corp

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