{
  "id": 1338963,
  "title": "Scholastic EVP, pres. CBG Sasha Quinton sells over $1.2m in stock",
  "url": "https://urgent.news/2026/08/16/scholastic-evp-pres-cbg-sasha-quinton-sells-over-1-2m-in-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-16T19:32:31.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/scholastic-evp-pres-cbg-sasha-quinton-sells-over-12m-in-stock-93CH-4862008"
  },
  "original_language": "en",
  "account": "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.",
  "summary": null,
  "key_points": [
    "Sasha Quinton sold $1.2m worth of Scholastic stock in two days in August 2026",
    "Exercised 20,488 stock options at $20.63 each, then sold at $43.168 average",
    "Post-transaction, Quinton owned 53,828 shares of Scholastic common stock"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}