Form 4: Scholastic Corp Director Alix Guerrier Acquires 1,915 Shares of Common Stock

Director Alix Guerrier reports acquisition of 1,915 shares of Scholastic Corp common stock through a restricted stock unit grant.

Summary

• On March 20, 2024, Alix Guerrier, a director of Scholastic Corp, acquired 1,915 shares of common stock.
• The acquisition was a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan.
• The price of the stock was $39.16 per share.
• The restricted stock units are scheduled to vest on the earlier of September 20, 2024, or the date of the company's 2024 annual stockholder meeting.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of the restricted stock units is tied to the company's 2024 annual stockholder meeting.

Industry Context

This is a routine disclosure of insider trading activity. It is common for directors to receive stock-based compensation.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates