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SCHOLASTIC CORP — Director's Dealing 2024
Apr 19, 2024
32563_dirs_2024-04-19_7a078420-07de-46d4-9255-7c96ac057fd3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SCHOLASTIC CORP (SCHL)
CIK: 0000866729
Period of Report: 2024-04-18
Reporting Person: Lucchese Iole (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-04-18 | Common Stock | S | 400000 | $33.51 | Disposed | 579247 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 72610 | Direct |
Footnotes
F1: On April 18, 2024, the Estate of M. Richard Robinson, Jr.. agreed to sell 400,000 shares of Common Stock, par value $.01 per share to the Issuer in a privately negotiated transaction for an aggregate cash amount of $13,402,584.
F2: Reported purchase price rounded up from $33.50646 per share.
F3: As previously disclosed, Ms. Lucchese is a preliminary executor of the Estate of M. Richard Robinson, Jr. These securities are held by the Estate of M. Richard Robinson, Jr. Ms. Lucchese disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.