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 $: $0
Form type: 4
Date filed: 9/5/2024, 06:05 PM
Previous filing: Sep 4, 2024
Next filing: Sep 24, 2024

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	Employee Stock Option (Right to Buy)	Award	$0	+42		$0.00	42	Sep 1, 2024	Common Stock	42	$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 Restricted Stock Units under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus to be converted into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. Vests on the third anniversary of the award date. Price is equal to 75% of the lowest closing price for the underlying Common Stock during the quarter ended August 31, 2024.

Content

Represents Restricted Stock Units under the Scholastic Corporation Management Stock Purchase Plan in lieu of cash bonus to be converted into shares of Common Stock on a one-for-one basis upon expiration of the deferral period selected by the reporting person. Vests on the third anniversary of the award date. Price is equal to 75% of the lowest closing price for the underlying Common Stock during the quarter ended August 31, 2024.