Kenneth J. Cleary - 26 Sep 2023 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Kenneth J. Cleary by Andrew S. Hedden, Esq., Attorney-in-Fact
Issuer symbol: SCHL
Transactions as of: 26 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 16 Jan 2024, 16:17:04 UTC
Previous filing: 25 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	Award	$0	+8,117	+28%	$0.000000	36,843	26 Sep 2023	Direct	F1, F2

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	Stock Option	Award	$0	+17,167		$0.000000	17,167	26 Sep 2023	Common Stock	17,167	$36.96	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents grant of restricted stock units which vest in 33 1/3% increments beginning with the first anniversary from the date of grant.
F2	Includes an increase of 424 shares purchased in ESPP since the last report.
F3	Employee stock options vest ratably over a three year period beginning with the first anniversary after the date of grant.