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Major owner of Scholastic Corporation just cashed-in 162,530 options

Richard Robinson, a major owner of Scholastic Corporation and CEO of Scholastic Corporation and a director of the company, recently cashed-in 162,530 options. The options were exercised at $30.08, while the disposals took place between $30.08 and $37.16 per share, on dates ranging from April 18 to April 19, 2016. Robinson continues to hold 4,398,650 shares of the company. Robinson operates out of New York, NY. Some additional info was provided as follows:

Represents the exercise of Class A stock options due to expire on September 20, 2016. Represents the conversion of Class A Stock to Common Stock. The price reported in...

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