Form 4: Scholastic Corp Executive Sasha Quinton Reports Stock Transaction
SEC Form 4
EVP Sasha Quinton reports disposition of 741 shares of Scholastic Corp stock to cover taxes upon vesting of restricted stock units.
Summary
- On September 20, 2024, Sasha Quinton, EVP at Scholastic Corp, disposed of 741 shares of common stock to cover taxes owed upon the vesting of 2,365 restricted stock units.
- The transaction was executed at a price of $31.59 per share.
- Following the transaction, Quinton directly owns 30,924 shares of Scholastic Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction related to tax obligations. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock awards, a common practice.
Key Dates
| Date | Description |
|---|---|
| 09/20/2024 | Date of stock transaction (disposal of shares). |
| 09/24/2024 | Date of signature on the Form 4 filing. |
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