Director Verdell Walker filed a statement of changes in beneficial ownership with the SEC on September 18, 2026, reporting the acquisition of restricted stock units in Scholastic Corporation, the children's publishing and education company traded on NASDAQ:SCHL.

Key Highlights

  • Transaction date: September 16, 2026, with the filing submitted September 18, 2026.
  • Grant size: 3,700 shares of Common Stock acquired (transaction code A) at a price of $35.13 per share.
  • Award type: The acquisition represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan.
  • Vesting schedule: All units are scheduled to vest on the earlier of September 16, 2027, or the date of the company's 2027 annual stockholder meeting.
  • Post-transaction ownership: Following the grant, Walker beneficially owns 18,539 shares of Common Stock directly.
  • Reporting person role: Verdell Walker is identified in the filing as a Director of Scholastic Corporation.

Director RSU Grant Details at Scholastic Corporation

According to the filing, Verdell Walker, a director of Scholastic Corporation, received a grant of 3,700 restricted stock units on September 16, 2026. The grant was made under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, a compensation arrangement the company maintains specifically for its outside directors. The reported price per share associated with the acquisition was $35.13.

Scholastic Corporation, the issuer, is identified in the filing under the ticker symbol SCHL on NASDAQ. The company is a well-known publisher and distributor of children's books and educational materials, operating through book clubs, book fairs, and trade publishing segments. The restricted stock units granted to Walker are classified as non-derivative securities acquired directly, as reported in Table I of the filing.

The filing discloses that all 3,700 restricted stock units are scheduled to vest on the earlier of September 16, 2027, or the date of the company's 2027 annual stockholder meeting, as noted in the explanation of responses. Following this transaction, Walker's total direct beneficial ownership of Scholastic Common Stock stands at 18,539 shares, according to the filing. The form was signed by Andrew S. Hedden, Esq., acting as attorney-in-fact for Walker.

What Was Disclosed

The filing reports a single acquisition transaction by director Verdell Walker: a restricted stock unit grant of 3,700 shares of Scholastic Corporation Common Stock at $35.13, bringing total direct beneficial ownership to 18,539 shares as of September 16, 2026.