<SEC-DOCUMENT>0001179110-17-015735.txt : 20171220
<SEC-HEADER>0001179110-17-015735.hdr.sgml : 20171220
<ACCEPTANCE-DATETIME>20171220183912
ACCESSION NUMBER:		0001179110-17-015735
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20171218
FILED AS OF DATE:		20171220
DATE AS OF CHANGE:		20171220

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ROBINSON RICHARD
		CENTRAL INDEX KEY:			0000903959

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19860
		FILM NUMBER:		171267727

	MAIL ADDRESS:	
		STREET 1:		C/O SCHOLASTIC CORP
		STREET 2:		555 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10012-3999

ISSUER:		

	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

	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
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2017-12-18</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000866729</issuerCik>
        <issuerName>SCHOLASTIC CORP</issuerName>
        <issuerTradingSymbol>SCHL</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000903959</rptOwnerCik>
            <rptOwnerName>ROBINSON RICHARD</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O CORPORATE SECRETARY, SCHOLASTIC CORP</rptOwnerStreet1>
            <rptOwnerStreet2>557 BROADWAY</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10012</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>CEO, Chairman and President</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2017-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>3500</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>40.33</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>27238</value>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>sale made by and shares owned by son</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2017-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value>E</value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>697</value>
                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>40.105</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4364236</value>
                    <footnoteId id="F5"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2017-12-18</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>5</transactionFormType>
                <transactionCode>G</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness>
                <value>E</value>
            </transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>680</value>
                    <footnoteId id="F6"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4364236</value>
                    <footnoteId id="F7"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Represents a sale of shares by the reporting person's son whose shares are included as indirectly owned by the reporting person.</footnote>
        <footnote id="F2">The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.30-$40.36, inclusive. The reporting person undertakes to provide to Scholastic Corporation, any holder of Scholastic Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (2) to this Form 4.</footnote>
        <footnote id="F3">The 27,238 shares are included in the 4,364,236 shares reported in column 5 and on exhibit 99.1.</footnote>
        <footnote id="F4">Represents the sale of shares under a mandatory required distribution in the 401(k) Plan.</footnote>
        <footnote id="F5">Includes an increase in number of shares in the 401(k) Plan since the last report relating to the 401(k) Plan.</footnote>
        <footnote id="F6">Represents a gift of 340 shares to each of his sons, which shares continue to be deemed beneficially owned by the reporting person.</footnote>
        <footnote id="F7">See Exhibit 99.1.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Richard Robinson, by Teresa M. Connelly, attorney-in-fact</signatureName>
        <signatureDate>2017-12-20</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>footnotedickrdecember2017.txt
<DESCRIPTION>SUMMARY OF HOLDINGS
<TEXT>
Exhibit 99.1

Mr. Robinson is the beneficial owner of 4,364,236 shares of Common Stock.

Directly held shares includes 470,616 shares of Common Stock and 890,904
shares of Common Stock, which are receivable upon conversion
of 890,904 shares of Class A Stock, par value $.01 per share,
owned by Richard Robinson and 146,980 shares of Common Stock held in
the RR 2014 Trust, of which he is the trustee

Indirectly held shares include: shares owned
by (i) the Trust under the Will of Maurice R. Robinson
(the "Maurice R. Robinson Trust"), as follows: (a) 1,683,092 shares
of Common Stock and (b) 648,620 shares of Common Stock which
are receivable upon conversion of 648,620
shares of Class A Stock, par value $.01
per share; and (ii) the Trust under the Will of Florence L.
Robinson (the "Florence L. Robinson Trust"), as follows: (a) 350,000
shares of Common Stock and (b) 116,676 shares of Common Stock
which are receivable upon conversion of 116,676 shares of Class A Stock,
par value $.01 share. Richard Robinson is one of six trustees
of the Maurice R. Robinson Trust, and one of two trustees of
the Florence L. Robinson Trust, with shared voting and investment power
with respect to the shares of Common Stock and Class A Stock
owned by the two trusts, respectively. The shares of
Class A Stock are convertible into shares of Common Stock,
at any time at the option of the holder thereof, on a
share-for-share basis; Also includes 46,170 shares of
Common Stock beneficially owner by his sons for which Mr. Robinson
is deemed the beneficial owner and 11,176 shares held in
the Scholastic 401(k) Savings and Retirement Plan.
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
