Scholastic EVP Sasha Quinton sells $1.2M in stock

Sasha Quinton, Executive Vice President and President of the Children's Book Group at Scholastic, has sold over $1.2 million in stock. This sale raises investor questions about potential confidence in the company's outlook. The exact number of shares sold or the stock price at the time of sale was not disclosed. Such insider transactions can often impact market perception, making investors cautious about the company’s future performance.