SCHEDULE 13G/A: William W. Robinson Amends Scholastic Corporation Stake, Disclosing 7.4% Beneficial Ownership

William W. Robinson has filed an Amendment No. 19 to Schedule 13G, disclosing a 7.4% beneficial ownership stake in Scholastic Corporation's Common Stock as of December 31, 2024.

Summary

• William W. Robinson, a U.S. citizen, filed an Amendment No. 19 to Schedule 13G regarding his beneficial ownership in Scholastic Corporation.
• As of December 31, 2024, Mr. Robinson beneficially owns an aggregate of 2,020,057 shares of Scholastic Corporation's Common Stock.
• This ownership represents 7.4% of the class of securities.
• The ownership includes 188,345 shares owned directly by Mr. Robinson, over which he has sole voting and dispositive power.
• It also includes 1,831,712 shares held by the Trust under the Will of Maurice R. Robinson (the "Maurice R. Robinson Trust"), over which he has shared voting and dispositive power.
• The shares held by the Maurice R. Robinson Trust consist of 1,507,402 shares of Common Stock and 324,310 shares of Class A Stock which are convertible into Common Stock on a share-for-share basis.
• William W. Robinson, along with Barbara Robinson Buckland, Mary Sue Robinson Morrill, Florence Robinson Ford (all siblings), and Andrew S. Hedden, are trustees of the Maurice R. Robinson Trust, sharing voting and investment power over the trust's shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would significantly alter the sentiment towards the company, beyond confirming a significant, stable shareholder base.

Positives

• The filing indicates a significant, stable beneficial ownership stake by William W. Robinson, suggesting continued long-term interest in Scholastic Corporation.

Negatives

• The document is a factual ownership disclosure and does not inherently contain negative financial or operational information about Scholastic Corporation.

Risks

• Concentrated ownership by the Robinson family, through direct holdings and the Maurice R. Robinson Trust, could influence corporate governance and strategic decisions.

Future Outlook

NA

Industry Context

NA

Corporate Governance

Related Party Transactions

• William W. Robinson's beneficial ownership includes shares held by the Maurice R. Robinson Trust, where he serves as a trustee alongside other family members, indicating a related party holding.

Stakeholder Impact

• Shareholders: The disclosure of a significant beneficial ownership stake by a long-term holder like William W. Robinson and the Robinson family trust provides transparency regarding the company's ownership structure and potential influence on strategic decisions.

Key Dates

Keywords

Scholastic Corporation, beneficial ownership, Schedule 13G, William W. Robinson, Maurice R. Robinson Trust, Common Stock, Class A Stock, SEC filing, ownership disclosure