SCHOLASTIC CORP — Director's Dealing 2023

Sep 6, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2023-09-01

Reporting Person: Cleary Kenneth J (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-01	Common Stock	$0	A	8955	Acquired	2026-09-01	Common Stock (8955)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	31167	Direct

Footnotes

F1: Reflects 406 shares purchased by the Reporting Person in the ESPP since the last filing.

F2: Acquired 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, 2023.