SCHL · Scholastic Corp

On August 26, 2026, the Estate of M. Richard Robinson, Jr. sold 289,624 shares of Common Stock, par value $.01 per share, to the Issuer in a privately negotiated transaction, for an aggregate cash amount of $11,515,537.13.

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.

Includes shares sold to cover the exercise price and satisfy withholding taxes.

Employee stock option that expires September 22, 2027 and vested ratably over a three year period beginning with the first anniversary after the September 22, 2020 date of grant.

Includes shares sold to cover the exercise price and satisfy withholding taxes.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.010 to $42.265 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Employee stock option that expires September 22, 2027 and vested ratably over a three year period beginning with the first anniversary after the September 22, 2020 date of grant.

Includes shares sold to cover the exercise price and satisfy withholding taxes.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $41.00 to $42.00 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Employee stock option that expires September 22, 2027 and vested ratably over a three year period beginning with the first anniversary after the September 22, 2020 date of grant.

Includes shares sold to cover the exercise price and satisfy withholding taxes.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.060 to $43.375 inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation stock or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Represents grant of performance share units which are scheduled to vest as of July 21, 2027 based on satisfaction of specified fiscal year performance goals.

Represents shares acquired upon vesting and payout of performance share units granted on July 15, 2025.

The grant became exercisable in four equal annual installments beginning with the first anniversary of the date of grant of October 1, 2020.

Represents shares withheld to cover taxes owed upon the vesting of 1,020 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting 486 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 5,838 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 3,243 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 1,297 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 3,243 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 2,706 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 947 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 3,247 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting 406 restricted stock units.

Represents grant of restricted stock units that vest in three equal annual installments beginning with the first anniversary of the date of grant.

Represents grant of restricted stock units that vest in three equal annual installments beginning with the first anniversary of the date of grant.

Represents grant of restricted stock units that vest in three equal annual installments beginning with the first anniversary of the date of grant.

Represents grant of restricted stock units that vest in three equal annual installments beginning with the first anniversary of the date of grant.

Represents grant of restricted stock units that vest in three equal annual installments beginning with the first anniversary of the date of grant.

Represents grant of restricted stock units that vest in three equal annual installments beginning with the first anniversary of the date of grant.

Represents shares withheld to cover taxes owed upon the vesting of 2,838 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 828 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting 355 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 6,504 restricted stock units.

Represents shares withheld to cover taxes owed upon the vesting of 2,365 restricted stock units.

Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 17, 2026 or the date of the Company's 2026 annual stockholder meeting.

Represents a grant of restricted stock units under the Amended and Restated Scholastic Corporation Outside Directors Stock Incentive Plan, all of which are scheduled to vest on the earlier of September 17, 2026 or the date of the Company's 2026 annual stockholder meeting.