Elizabeth Polcari - Sep 1, 2024 Form 4 Insider Report for SCHOLASTIC CORP (SCHL)

Role: EVP, PRESIDENT, EDUCATION SOL.
Signature: /s/ Elizabeth Polcari by Vanessa Hill, Attorney-in-Fact
Stock symbol: SCHL
Transactions as of: Sep 1, 2024
Transactions value $: $6,714
Form type: 4
Date filed: 9/4/2024, 04:01 PM
Previous filing: Sep 4, 2024
Next filing: Sep 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCHL	Common Stock	Options Exercise	$10.1K	+325	+0.95%	$31.23	34.7K	Sep 1, 2024	Direct
transaction	SCHL	Common Stock	Tax liability	-$3.44K	-110	-0.32%	$31.23	34.6K	Sep 1, 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%	$0.00	0	Sep 1, 2024	Common Stock	325	$0.00	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.