Scholastic EVP, pres. CBG Sasha Quinton sells over $1.2m in stock
Sasha Quinton, EVP and President of Scholastic's Children's Book Group, sold approximately $1.2 million worth of company shares over two days in early August 2026. This followed the exercise of employee stock options. Scholastic's shares have generated a 64% return over the past year, currently trading at $41.43 with a market cap of $781 million.
On August 5, 2026, Quinton exercised 20,488 stock options, buying shares at $20.63 each, then immediately sold them at an average price of $43.168. The following day, she bought another 7,549 shares, also at $20.63, and sold 5,139 at an average price of $41.738, with prices ranging from $41.00 to $42.00. She also sold 2,410 shares at an average price of $42.047, with prices ranging from $42.010 to $42.265.
Quinton acquired 28,037 shares through options and sold the same amount, with transaction prices ranging from $41.738 to $43.168. The options she exercised were part of a three-year vesting period, expiring on September 22, 2027. Her direct ownership in Scholastic common stock post-transaction was 53,828 shares. Scholastic is currently considered undervalued by InvestingPro, trading below its Fair Value estimate. The company has paid dividends for 19 consecutive years, offering a 2.4% yield.
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