James W. Barge - 18 Sep 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role
Director
Signature
/s/ James W. Barge by Andrew S. Hedden, Esq., Attorney-in-Fact
Issuer symbol
SCHL
Transactions as of
18 Sep 2023
Net transactions value
-$83,931
Form type
4
Filing time
20 Sep 2023, 17:22:14 UTC
Previous filing
31 Jul 2023
Next filing
22 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SCHL Common Stock Options Exercise $83,918 +2,746 +12% $30.56 26,128 18 Sep 2023 Direct F1
transaction SCHL Common Stock Tax liability $83,931 -2,171 -8.3% $38.66 24,027 18 Sep 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SCHL Outside Director Stock Options (right to buy) Options Exercise $83,918 -2,746 -100% $30.56 0 18 Sep 2023 Common Stock 2,746 $30.56 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options were auto-exercised on the day of expiration and net shares were received for the gain on exercise.