STOCK TITAN

[8-K] Scholastic Corp Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Southern Company (SO) – Form 4 insider activity

Director Lizanne Thomas reported two transactions dated 07/01/2025. She disposed of 700 common shares of Southern Company (transaction code “D”) and simultaneously acquired 460.455 Deferred Stock Units (“DSUs”) through the company’s Deferred Compensation Plan at a reference value of $92.30 per unit. The DSUs carry no exercise or expiration date and are payable only in stock upon the director’s termination of service. After the transaction she holds 5,645.8418 DSUs directly.

The estimated market value of the sale and accrual (both roughly mid-$40 k) is negligible relative to Southern Company’s multi-billion-dollar equity base, indicating a routine, non-material compliance filing rather than a directional signal. The filing does not note use of a Rule 10b5-1 trading plan, and no additional equity compensation or option exercises were disclosed.

Southern Company (SO) – Attività interna Form 4

La direttrice Lizanne Thomas ha segnalato due operazioni datate 01/07/2025. Ha ceduto 700 azioni ordinarie di Southern Company (codice transazione “D”) e contemporaneamente ha acquisito 460,455 Unità Azionarie Differite (“DSU”) tramite il Piano di Compensazione Differita della società, al valore di riferimento di 92,30$ per unità. Le DSU non hanno né data di esercizio né di scadenza e sono pagabili solo in azioni al termine del servizio del direttore. Dopo la transazione, detiene 5.645,8418 DSU direttamente.

Il valore di mercato stimato della vendita e dell’accredito (entrambi intorno a 40 mila dollari) è trascurabile rispetto alla base azionaria multimiliardaria di Southern Company, indicando una comunicazione di conformità di routine e non significativa piuttosto che un segnale di orientamento. La segnalazione non menziona l’uso di un piano di negoziazione secondo la Regola 10b5-1, e non sono state divulgate ulteriori compensazioni azionarie o esercizi di opzioni.

Southern Company (SO) – Actividad interna Formulario 4

La directora Lizanne Thomas reportó dos transacciones fechadas el 01/07/2025. Vendió 700 acciones comunes de Southern Company (código de transacción “D”) y simultáneamente adquirió 460.455 Unidades de Acciones Diferidas (“DSUs”) a través del Plan de Compensación Diferida de la empresa a un valor de referencia de $92.30 por unidad. Las DSUs no tienen fecha de ejercicio ni de vencimiento y se pagan únicamente en acciones al terminar el servicio del director. Después de la transacción, posee 5,645.8418 DSUs directamente.

El valor estimado de mercado de la venta y la acumulación (ambos aproximadamente $40,000) es insignificante en relación con la base accionaria multimillonaria de Southern Company, indicando una presentación rutinaria y no material de cumplimiento más que una señal direccional. La presentación no menciona el uso de un plan de negociación bajo la Regla 10b5-1, y no se divulgaron compensaciones adicionales en acciones ni ejercicios de opciones.

Southern Company (SO) – Form 4 내부자 거래 활동

이사 Lizanne Thomas는 2025년 7월 1일자 두 건의 거래를 보고했습니다. 그녀는 Southern Company의 보통주 700주를 처분(D 코드)하고 동시에 회사의 이연 보상 계획을 통해 주당 $92.30의 기준가치로 460.455개의 이연 주식 단위(DSU)를 취득했습니다. DSU는 행사나 만료일이 없으며, 이사가 퇴임할 때 주식으로만 지급됩니다. 거래 후 그녀는 직접 5,645.8418 DSU를 보유하고 있습니다.

매도 및 적립의 추정 시가(각각 약 4만 달러)는 Southern Company의 수십억 달러 규모 주식 기반에 비해 미미하여, 이는 방향성을 나타내는 신호보다는 일상적이고 비중요한 준수 신고임을 시사합니다. 신고서에는 Rule 10b5-1 거래 계획 사용 여부가 명시되어 있지 않으며, 추가 주식 보상이나 옵션 행사도 공개되지 않았습니다.

Southern Company (SO) – Activité d’initié Formulaire 4

La directrice Lizanne Thomas a déclaré deux transactions datées du 01/07/2025. Elle a cédé 700 actions ordinaires de Southern Company (code de transaction « D ») et a simultanément acquis 460,455 unités d’actions différées (« DSU ») via le Plan de Compensation Différée de l’entreprise à une valeur de référence de 92,30 $ par unité. Les DSU n’ont ni date d’exercice ni d’expiration et sont payables uniquement en actions lors de la cessation de service de la directrice. Après la transaction, elle détient 5 645,8418 DSU directement.

La valeur marchande estimée de la vente et de l’acquisition (chacune d’environ 40 000 $) est négligeable par rapport à la base d’actions de plusieurs milliards de dollars de Southern Company, indiquant un dépôt de conformité de routine, non significatif plutôt qu’un signal directionnel. Le dépôt ne mentionne pas l’utilisation d’un plan de négociation selon la règle 10b5-1, et aucune rémunération supplémentaire en actions ni exercice d’options n’ont été divulgués.

Southern Company (SO) – Insider-Aktivität Form 4

Direktorin Lizanne Thomas meldete zwei Transaktionen vom 01.07.2025. Sie veräußerte 700 Stammaktien von Southern Company (Transaktionscode „D“) und erwarb gleichzeitig 460,455 Deferred Stock Units („DSUs“) über den Deferred Compensation Plan des Unternehmens zu einem Referenzwert von 92,30 $ pro Einheit. Die DSUs haben kein Ausübungs- oder Verfallsdatum und werden erst bei Beendigung des Dienstverhältnisses des Direktors in Aktien ausgezahlt. Nach der Transaktion hält sie 5.645,8418 DSUs direkt.

Der geschätzte Marktwert des Verkaufs und der Gutschrift (jeweils etwa 40.000 $) ist im Vergleich zur milliardenschweren Aktienbasis von Southern Company vernachlässigbar, was auf eine routine, nicht wesentliche Compliance-Meldung und kein richtungsweisendes Signal hinweist. Die Meldung erwähnt keine Verwendung eines Rule 10b5-1 Handelsplans, und es wurden keine zusätzlichen Aktienvergütungen oder Optionsausübungen offengelegt.

Positive
  • Director acquired 460.455 Deferred Stock Units, increasing long-term, stock-settled compensation and alignment with shareholder interests.
Negative
  • Sale of 700 common shares represents an insider disposition, albeit modest in size.

Insights

TL;DR Small insider sale offset by DSU accrual; net impact on SO shares and sentiment is neutral.

The reported 700-share sale equates to less than 0.0001% of Southern Company’s outstanding stock and therefore lacks quantitative significance. Simultaneous acquisition of 460.455 DSUs under the deferred-compensation plan increases long-term alignment with shareholders, partially neutralising any negative optics of the sale. No price data for the share disposition is provided, suggesting a routine portfolio adjustment rather than a valuation call. Overall, the filing is non-impactful to the investment thesis and should not alter valuations or portfolio positioning.

Southern Company (SO) – Attività interna Form 4

La direttrice Lizanne Thomas ha segnalato due operazioni datate 01/07/2025. Ha ceduto 700 azioni ordinarie di Southern Company (codice transazione “D”) e contemporaneamente ha acquisito 460,455 Unità Azionarie Differite (“DSU”) tramite il Piano di Compensazione Differita della società, al valore di riferimento di 92,30$ per unità. Le DSU non hanno né data di esercizio né di scadenza e sono pagabili solo in azioni al termine del servizio del direttore. Dopo la transazione, detiene 5.645,8418 DSU direttamente.

Il valore di mercato stimato della vendita e dell’accredito (entrambi intorno a 40 mila dollari) è trascurabile rispetto alla base azionaria multimiliardaria di Southern Company, indicando una comunicazione di conformità di routine e non significativa piuttosto che un segnale di orientamento. La segnalazione non menziona l’uso di un piano di negoziazione secondo la Regola 10b5-1, e non sono state divulgate ulteriori compensazioni azionarie o esercizi di opzioni.

Southern Company (SO) – Actividad interna Formulario 4

La directora Lizanne Thomas reportó dos transacciones fechadas el 01/07/2025. Vendió 700 acciones comunes de Southern Company (código de transacción “D”) y simultáneamente adquirió 460.455 Unidades de Acciones Diferidas (“DSUs”) a través del Plan de Compensación Diferida de la empresa a un valor de referencia de $92.30 por unidad. Las DSUs no tienen fecha de ejercicio ni de vencimiento y se pagan únicamente en acciones al terminar el servicio del director. Después de la transacción, posee 5,645.8418 DSUs directamente.

El valor estimado de mercado de la venta y la acumulación (ambos aproximadamente $40,000) es insignificante en relación con la base accionaria multimillonaria de Southern Company, indicando una presentación rutinaria y no material de cumplimiento más que una señal direccional. La presentación no menciona el uso de un plan de negociación bajo la Regla 10b5-1, y no se divulgaron compensaciones adicionales en acciones ni ejercicios de opciones.

Southern Company (SO) – Form 4 내부자 거래 활동

이사 Lizanne Thomas는 2025년 7월 1일자 두 건의 거래를 보고했습니다. 그녀는 Southern Company의 보통주 700주를 처분(D 코드)하고 동시에 회사의 이연 보상 계획을 통해 주당 $92.30의 기준가치로 460.455개의 이연 주식 단위(DSU)를 취득했습니다. DSU는 행사나 만료일이 없으며, 이사가 퇴임할 때 주식으로만 지급됩니다. 거래 후 그녀는 직접 5,645.8418 DSU를 보유하고 있습니다.

매도 및 적립의 추정 시가(각각 약 4만 달러)는 Southern Company의 수십억 달러 규모 주식 기반에 비해 미미하여, 이는 방향성을 나타내는 신호보다는 일상적이고 비중요한 준수 신고임을 시사합니다. 신고서에는 Rule 10b5-1 거래 계획 사용 여부가 명시되어 있지 않으며, 추가 주식 보상이나 옵션 행사도 공개되지 않았습니다.

Southern Company (SO) – Activité d’initié Formulaire 4

La directrice Lizanne Thomas a déclaré deux transactions datées du 01/07/2025. Elle a cédé 700 actions ordinaires de Southern Company (code de transaction « D ») et a simultanément acquis 460,455 unités d’actions différées (« DSU ») via le Plan de Compensation Différée de l’entreprise à une valeur de référence de 92,30 $ par unité. Les DSU n’ont ni date d’exercice ni d’expiration et sont payables uniquement en actions lors de la cessation de service de la directrice. Après la transaction, elle détient 5 645,8418 DSU directement.

La valeur marchande estimée de la vente et de l’acquisition (chacune d’environ 40 000 $) est négligeable par rapport à la base d’actions de plusieurs milliards de dollars de Southern Company, indiquant un dépôt de conformité de routine, non significatif plutôt qu’un signal directionnel. Le dépôt ne mentionne pas l’utilisation d’un plan de négociation selon la règle 10b5-1, et aucune rémunération supplémentaire en actions ni exercice d’options n’ont été divulgués.

Southern Company (SO) – Insider-Aktivität Form 4

Direktorin Lizanne Thomas meldete zwei Transaktionen vom 01.07.2025. Sie veräußerte 700 Stammaktien von Southern Company (Transaktionscode „D“) und erwarb gleichzeitig 460,455 Deferred Stock Units („DSUs“) über den Deferred Compensation Plan des Unternehmens zu einem Referenzwert von 92,30 $ pro Einheit. Die DSUs haben kein Ausübungs- oder Verfallsdatum und werden erst bei Beendigung des Dienstverhältnisses des Direktors in Aktien ausgezahlt. Nach der Transaktion hält sie 5.645,8418 DSUs direkt.

Der geschätzte Marktwert des Verkaufs und der Gutschrift (jeweils etwa 40.000 $) ist im Vergleich zur milliardenschweren Aktienbasis von Southern Company vernachlässigbar, was auf eine routine, nicht wesentliche Compliance-Meldung und kein richtungsweisendes Signal hinweist. Die Meldung erwähnt keine Verwendung eines Rule 10b5-1 Handelsplans, und es wurden keine zusätzlichen Aktienvergütungen oder Optionsausübungen offengelegt.

0000866729false00008667292025-06-232025-06-23

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 23, 2025

 

 

SCHOLASTIC CORPORATION

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

000-19860

13-3385513

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

557 Broadway

 

New York, New York

 

10012

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 212 343-6100

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, $0.01 par value

 

SCHL

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 20, 2025, the Board of Directors of Scholastic Corporation (the “Company”) were informed that Messrs David Young, a director of the Company since 2015, and John L. Davies, a director of the Company since 2000, have each decided to retire as a director of the Company and not stand for re-election upon expiration of each of his current term at the Annual Meeting of Stockholders, scheduled to be held on September 17, 2025 (the “Annual Meeting”).

Neither Mr. Young's nor Mr. Davies's departure is due to any disagreement between he and the Company, its management, the Board or any committee thereof, or any matter relating to the Company’s operations, policies or practices.

Item 8.01 Other Events.

On June 23, 2025, Scholastic Corporation (the “Company”) issued the attached press release regarding an update to the Company's key strategic and operational initiatives, and the planned retirement of two independent directors. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated by reference into this Item 8.01.

 

The information in Exhibit 99.1 is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

Forward-Looking Statements

Certain of the statements contained in this report should be considered forward-looking statements relating to future periods. Such forward-looking statements are subject to various risks and uncertainties, including the conditions of the children’s book and educational materials markets generally and acceptance of the Company’s products within those markets, and other risks and factors identified from time to time in the Company’s filings with the SEC. Actual results could differ materially from those currently anticipated.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

Exhibit Number

 Description

99.1

Scholastic Corporation press release dated June 23, 2025.

104

 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

SCHOLASTIC CORPORATION

 

 

 

 

Date:

June 23, 2025

By:

/s/ Chris Lick

 

 

Name:

Title:

Chris Lick
Executive Vice President, General Counsel, and Secretary

 


FAQ

What insider transaction did Director Lizanne Thomas report for SO on 07/01/2025?

She sold 700 common shares and acquired 460.455 Deferred Stock Units.

How many Deferred Stock Units does the director hold after the transaction?

Lizanne Thomas now holds 5,645.8418 DSUs.

Are the DSUs immediately exercisable?

No. The units are payable in common stock only upon termination and have no expiration date.

Did the Form 4 indicate use of a Rule 10b5-1 trading plan?

The filing does not mark the Rule 10b5-1(c) checkbox, so no plan is indicated.

Does the filing disclose any option exercises or other derivative activity?

No option exercises were reported; the only derivative activity was the DSU accrual.
Scholastic Corp

NASDAQ:SCHL

SCHL Rankings

SCHL Latest News

SCHL Latest SEC Filings

SCHL Stock Data

570.82M
21.43M
32.82%
86.09%
6.63%
Publishing
Books: Publishing Or Publishing & Printing
Link
United States
NEW YORK