Glover Haji 4
4 · SCHOLASTIC CORP · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Scholastic (SCHL) CFO Glover Haji Withholds 422 Shares for Taxes
What Happened Glover Haji, Chief Financial Officer of Scholastic Corp (SCHL), had 422 shares withheld on January 22, 2026 to cover taxes related to the vesting of restricted stock units (RSUs). The withholding was recorded at $34.78 per share, totaling $14,677. This was a tax-withholding disposition (not an open-market sale or purchase).
Key Details
- Transaction date: 2026-01-22
- Action and code: Shares withheld to cover tax liability (transaction code F)
- Amount: 422 shares withheld at $34.78 per share; total value $14,677
- Reason: Withholding to cover taxes on the vesting of 1,020 RSUs (footnote F1)
- Shares owned after transaction: Not specified in the provided filing excerpt
- Filing date: Form 4 filed 2026-03-25 — this is later than the typical 2-business-day reporting window and therefore appears to be a late filing
Context Tax-withholding on vested RSUs is a routine administrative transaction where the company retains shares to satisfy tax obligations. It reduces the insider's issued share count but is not an open-market sale that signals a trade decision. The late filing affects disclosure timeliness but does not change the nature of the transaction.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-22$34.78/sh−422$14,677→ 25,322 total
Footnotes (1)
- [F1]Represents shares withheld to cover taxes owed upon the vesting of 1,020 restricted stock units.