Scholastic EVP Iole Lucchese Withholds 3,565 Shares for Taxes

What Happened
Iole Lucchese, EVP & Chief Strategy Officer and a director at Scholastic Corp (SCHL), had 3,565 shares withheld on 2026-09-23 to cover tax liabilities related to the vesting of restricted stock units. The withheld shares were valued at $35.09 each, for a total disposition value of $125,096. This transaction is a routine tax-withholding (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-23 at $35.09 per share.
• Shares withheld/disposed: 3,565 shares; total value $125,096.
• Reason: Shares withheld to cover taxes on the vesting of 6,982 restricted stock units (footnote F1).
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed on 2026-09-25 for a 2026-09-23 transaction (not indicated as late).
• Additional note (footnote F2): Ms. Lucchese is a preliminary executor of the Estate of M. Richard Robinson, Jr.; securities held by that estate are disclaimed as her beneficial ownership except to the extent of any pecuniary interest.

Context
This was a tax-withholding event tied to RSU vesting (common when restricted shares vest). Such withholdings are routine administrative actions and do not necessarily reflect an insider's view of the company.