Lucchese Iole bought SCHL
January 12, 2024 · Form 4 insider transaction
Lucchese Iole bought 445,452 shares of Scholastic Corporation, a transaction worth N/A. The trade was recorded as conversion of a derivative and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
Represents a conversion of 445,452 shares of Class A Stock into an equal number of shares of Common Stock.; The shares of Class A Stock, $0.01 par value are convertible into shares of Common Stock, $0.01 par value, at any time at the option of the holder thereof, on a share-for-share basis.; As previously disclosed, Ms. Lucchese is a preliminary executor of the Estate of M. Richard Robinson, Jr. These securities are held by the Estate of M. Richard Robinson, Jr. Ms. Lucchese disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.