Scholastic (SCHL) Director James W. Barge Receives Award

What Happened James W. Barge, a director of Scholastic Corporation (SCHL), received a grant of 3,700 restricted stock units (reported as an acquisition) at an imputed price of $35.13 per share, equal to about $129,981 in value. This was a grant/award (not an open-market purchase or sale), so it represents equity compensation rather than a trading decision.

Key Details

• Transaction date: 2026-09-16; filing date: 2026-09-18.
• Type: Grant/Award (SEC transaction code A).
• Amount: 3,700 restricted stock units; price used: $35.13; total value ≈ $129,981.
• Vesting: All RSUs vest on the earlier of September 16, 2027 or the date of the Company’s 2027 annual stockholder meeting (per filing footnote).
• Shares owned after transaction: Not specified in the provided filing.
• No indication of a 10b5-1 plan, tax-withholding sale, or late-filing note in the provided details.

Context Restricted stock units (RSUs) are a form of compensation that convert to shares (or their cash value) when they vest; these grants are common for outside directors and are administrative/compensation-related rather than a direct signal of buying or selling interest. The award vests over about one year (or at the 2027 meeting), per the company’s outside directors’ stock incentive plan.