Form 4: Scholastic Corp Executive Jeffrey Mathews Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP and Chief Growth Officer of Scholastic Corp, Jeffrey Mathews, reports acquisition and disposal of common stock on October 1, 2024.
Summary
- On October 1, 2024, Jeffrey Mathews, EVP and Chief Growth Officer of Scholastic Corp, reported changes in beneficial ownership of the company's common stock.
- Mathews acquired 7,785 shares of common stock at a price of $30.83.
- He also disposed of 24,327 shares of common stock at the same price.
- Following these transactions, Mathews directly owns 53,993 shares of Scholastic Corp.
- The grant becomes exercisable in three equal annual installments beginning with the first anniversary of the date of grant.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 10/01/2024 | Date of stock acquisition and disposal transactions. |
| 10/03/2024 | Date of signature for the report. |
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