Form 4: Scholastic Corp Executive Hedden Andrews S Reports Stock Transaction
SEC Form 4 Filing
EVP and General Counsel of Scholastic Corp, Hedden Andrews S, reports disposition of 621 shares to cover taxes upon vesting of restricted stock units.
Summary
- On September 23, 2024, Hedden Andrews S, EVP and General Counsel of Scholastic Corp, reported a transaction involving common stock.
- 621 shares were disposed of to cover taxes owed upon the vesting of 1,636 restricted stock units.
- The transaction price was $31.26 per share.
- Following the transaction, Hedden Andrews S beneficially owns 71,406 shares of Scholastic Corp.
- The reporting person has signed the document on September 24, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 09/23/2024 | Date of stock transaction |
| 09/24/2024 | Date of signature |
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