Elizabeth Polcari - 01 Sep 2024 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role: EVP, PRESIDENT, EDUCATION SOL.
Signature: /s/ Elizabeth Polcari by Vanessa Hill, Attorney-in-Fact
Issuer symbol: SCHL
Transactions as of: 01 Sep 2024
Net transactions value: +$6,714
Form type: 4
Filing time: 04 Sep 2024, 16:01:22 UTC
Previous filing: 04 Sep 2024
Next filing: 24 Sep 2024
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	$10,150	+325	+0.95%	$31.23	34,705	01 Sep 2024	Direct
transaction	SCHL	Common Stock	Tax liability	$3,435	-110	-0.32%	$31.23	34,595	01 Sep 2024	Direct

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	Restricted Stock Units	Disposed to Issuer	$0	-325	-100%	$0.000000	0	01 Sep 2024	Common Stock	325	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents vesting of Restricted Stock Units issued under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus which was converted into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. The price was equal to 75% of the lowest closing price for the underlying Common Stock during the quarter ended August 31, 2021.

Content

Represents vesting of Restricted Stock Units issued under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus which was converted into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. The price was equal to 75% of the lowest closing price for the underlying Common Stock during the quarter ended August 31, 2021.