0001564590-21-031845.txt : 20210607 0001564590-21-031845.hdr.sgml : 20210607 20210607060345 ACCESSION NUMBER: 0001564590-21-031845 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20210605 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210607 DATE AS OF CHANGE: 20210607 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SCHOLASTIC CORP CENTRAL INDEX KEY: 0000866729 STANDARD INDUSTRIAL CLASSIFICATION: BOOKS: PUBLISHING OR PUBLISHING AND PRINTING [2731] IRS NUMBER: 133385513 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19860 FILM NUMBER: 21998124 BUSINESS ADDRESS: STREET 1: 555 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10012 BUSINESS PHONE: 2123436100 MAIL ADDRESS: STREET 1: 555 BROADWAY CITY: NEW YORK STATE: NY ZIP: 10012 8-K 1 schl-8k_20210605.htm 8-K schl-8k_20210605.htm
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

__________________

FORM 8-K

__________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 5, 2021

__________________

SCHOLASTIC CORPORATION

(Exact Name of Registrant as Specified in Charter)

__________________

 

Delaware

(State or Other Jurisdiction

of Incorporation)

000-19860

(Commission File Number)

13-3385513

(I.R.S. Employer

Identification No.)

 

557 BROADWAY, NEW YORK,

New York

(Address of Principal Executive Offices)

 

10012

(Zip Code)

 

(212) 343-6100

(Registrant’s telephone number, including area code)

N/A

(Former Name or Former address, if Changed Since Last Report)

__________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01

SCHL

The NASDAQ Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

☐Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

 

 

Item 8.01 Other events.

 

On June 6, 2021, Scholastic Corporation issued the attached press release announcing the untimely death of its Chairman and CEO, M. Richard (Dick) Robinson, Jr.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)     Exhibits.

 

Exhibit

Number

 

Description of Exhibit

 

 

 

99.1

 

Press release of Scholastic Corporation dated June 6, 2021.

104

 

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 


 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

SCHOLASTIC CORPORATION

 

 

 

 

Date: June 6, 2021

By

 

/s/ Andrew S. Hedden

 

Name:

 

Andrew S. Hedden

 

Title:

 

Executive Vice President, General Counsel and Secretary

 

 

 

 EX-99.1 2 d117597dex991.htm EX-99.1
Exhibit 99.1

Scholastic Announces The Untimely Death Of Its Chairman And CEO M. Richard (Dick) Robinson, Jr.

NEW YORK, June 6, 2021 /PRNewswire/ -- Scholastic Corporation (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that M. Richard Robinson, Jr. the Company's Chairman and CEO passed away yesterday unexpectedly. Mr. Robinson, 84 years old, had been in excellent health and had been overseeing Scholastic's long-term strategic direction and day-to-day operations for the better part of five decades.

The Board of Directors issued the following statement: "We are deeply saddened by the sudden passing of Dick Robinson. Dick was a true visionary in the world of children's books and an unrelenting advocate for children's literacy and education with a remarkable passion his entire life. The Company's directors and employees, as well as the many educators, parents and students whose lives he touched, mourn his loss."

Under a pre-authorized framework for the continued success of the Company, James Barge, Scholastic's lead independent director, will work with Iole Lucchese, Executive Vice President, Chief Strategy Officer; Andrew S. Hedden, Executive Vice President, General Counsel and Secretary; and Kenneth Cleary, Chief Financial Officer to ensure that all day-to-day operations continue without interruption.

The Company's Class A shareholders and the Company's board of directors will be meeting independently to determine the best course for the Company's direction, including the appointment of an interim operating head.

About Scholastic

For 100 years, Scholastic Corporation (NASDAQ: SCHL) has been encouraging the personal and intellectual growth of all children, beginning with literacy. Having earned a reputation as a trusted partner to educators and families, Scholastic is the world's largest publisher and distributor of children's books, a leading provider of literacy curriculum, professional services, and classroom magazines, and a producer of educational and entertaining children's media. The Company creates and distributes bestselling books and e-books, print and technology-based learning programs for pre-K to grade 12, and other products and services that support children's learning and literacy, both in school and at home. With 15 international operations and exports to 165 countries, Scholastic makes quality, affordable books available to all children around the world through school-based book clubs and book fairs, classroom libraries, school and public libraries, retail, and online. Learn more at www.scholastic.com.

SCHL: Financial



CONTACT: Scholastic Corporation, Investors: Gil Dickoff, (212) 343-6741, investor_relations@scholastic.com, Media: Anne Sparkman, (212) 343-6657, asparkman@scholastic.com

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Document and Entity Information
Jun. 05, 2021
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Jun. 05, 2021
Entity File Number 000-19860
Entity Registrant Name SCHOLASTIC CORP
Entity Central Index Key 0000866729
Entity Tax Identification Number 13-3385513
Entity Incorporation State Country Code DE
Entity Address, Address Line One 557 BROADWAY
Entity Address, City or Town NEW YORK
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10012
City Area Code 212
Local Phone Number 343-6100
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Security 12b Title Common Stock, par value $0.01
Trading Symbol SCHL
Security Exchange Name NASDAQ
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