Form 4: Scholastic Corp Executive Sasha Quinton Reports Stock Transaction
SEC Form 4 Filing
EVP Sasha Quinton reports disposition of Scholastic Corp shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On September 23, 2024, Sasha Quinton, an Executive Vice President at Scholastic Corp, reported a transaction involving the disposition of 932 shares of common stock.
- The shares were disposed of to cover taxes owed upon the vesting of 2,974 restricted stock units.
- The price per share was $31.26.
- Following the transaction, Quinton directly owns 29,992 shares of Scholastic Corp.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and tax obligations, and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 09/23/2024 | Date of stock transaction (disposition of shares). |
| 09/24/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.