SCHEDULE 13G/A: Mary Sue Robinson Morrill Amends Scholastic Corporation Stake to 9.8%

Mary Sue Robinson Morrill has filed an amended Schedule 13G, disclosing a beneficial ownership of 9.8% of Scholastic Corporation's common stock as of December 31, 2024.

Summary

• The filing is an Amendment No. 24 to Schedule 13G, filed by Mary Sue Robinson Morrill regarding her beneficial ownership in Scholastic Corporation.
• As of December 31, 2024, Mary Sue Robinson Morrill beneficially owns an aggregate of 2,697,980 shares of Scholastic Corporation's Common Stock.
• This ownership represents 9.8% of the class of securities.
• Mary Sue Robinson Morrill holds sole voting and dispositive power over 466,676 shares.
• She holds shared voting and dispositive power over 2,231,304 shares.
• The shared ownership includes shares held in various trusts: 290,773 shares in three trusts where she and her husband, William F. Morrill, are trustees; 68,138 shares in the Richard Robinson Charitable Trust; 40,681 shares in the Richard Robinson Family Trust; 1,831,712 shares (including convertible Class A Stock) in the Maurice R. Robinson Trust; and 466,676 shares (including convertible Class A Stock) in the Florence L. Robinson Trust.
• The shares of Class A Stock are convertible into Common Stock on a share-for-share basis at the holder's option.
• Mary Sue Robinson Morrill disclaims beneficial ownership of 164,674 shares held in trusts for her children and 105,837 shares held by other family members or trusts where she has no voting or dispositive power.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership and does not contain information that would significantly alter the company's perceived value or outlook. It is neutral in sentiment.

Positives

• The filing provides transparency regarding significant beneficial ownership in Scholastic Corporation.
• It confirms a stable, long-term ownership stake by a key individual associated with the company's founding family, which can signal continuity and alignment of interests.

Negatives

• The document does not contain information that would be considered negative for the company's operations or financial performance.

Risks

• NA

Future Outlook

The document is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This filing is a routine disclosure of a significant ownership stake by an individual, likely a long-term investor or family member, in a publicly traded company. It does not provide insights into broader industry trends or competitive dynamics within the publishing or education sectors, but rather focuses on corporate ownership structure.

Related Party Transactions

• Mary Sue Robinson Morrill's beneficial ownership includes shares held in various trusts where she, her husband (William F. Morrill), and other family members (Barbara Robinson Buckland, Florence R. Ford, William W. Robinson, Andrew S. Hedden) serve as trustees, indicating significant related-party control over a substantial portion of the company's stock.

Stakeholder Impact

• Shareholders: Provides transparency regarding the ownership structure and the significant stake held by a long-term, family-affiliated investor, which can offer stability.
• Management: Confirms the continued significant influence of a key individual and family members over the company's shares.

Key Dates

Keywords

Scholastic Corporation, Mary Sue Robinson Morrill, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Ownership Disclosure, Institutional Investor