Director Linda Li filed a Form 4 with the SEC on September 18, 2026, disclosing the acquisition of 3,700 restricted stock units of Scholastic Corporation on September 16, 2026.

Key Highlights

  • Reporting person: Linda Li, a director of Scholastic Corporation (NASDAQ:SCHL)
  • Transaction: Acquisition (code A) of 3,700 shares of Common Stock on September 16, 2026
  • Price per unit: $35.13
  • Grant type: Restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan
  • Vesting date: The earlier of September 16, 2027 or the date of the Company's 2027 annual stockholder meeting
  • Beneficial ownership following transaction: 17,396 shares of Common Stock held directly

Linda Li RSU Grant Details and Ownership Position at Scholastic

According to the Form 4 filed on September 18, 2026, Linda Li, a director of Scholastic Corporation (NASDAQ:SCHL), acquired 3,700 shares of Common Stock on September 16, 2026, at a price of $35.13 per unit. The filing indicates the transaction code was "A," designating an acquisition. The grant was made under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan.

The filing notes that the 3,700 units represent a grant of restricted stock units, "all of which are scheduled to vest on the earlier of September 16, 2027 or the date of the Company's 2027 annual stockholder meeting," according to the explanation of responses included in the filing. Following this transaction, Li's directly held beneficial ownership of Scholastic Common Stock stands at 17,396 shares, as reported in the filing.

The Form 4 was signed by Andrew S. Hedden, Esq., as attorney-in-fact for Linda Li, and filed on September 18, 2026. No derivative securities transactions were reported in Table II of the filing.

What Was Disclosed

The filing discloses a director-level restricted stock unit grant of 3,700 shares of Scholastic Common Stock to Linda Li at $35.13, with vesting tied to September 16, 2027 or the 2027 annual stockholder meeting, resulting in total direct beneficial ownership of 17,396 shares.