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SCHEDULE 13D/A Filed 2026-08-27 Event 2026-08-26 SEC 0001193125-26-371238 →

Lucchese Iole Scholastic Corporation SCHL

Stake: 5.20% Shares: 955,019 CUSIP: 807066105 Class: Common Stock, par value $0.01 per share

Item 4 — Purpose of Transaction

On August 26, 2026 the Estate sold 289,624 shares of Common Stock to the Issuer for $11,515,537.13, or $39.7603 per Common Share pursuant to a Share Purchase Agreement dated August 25, 2026 described in detail in Item 6 below and included as Exhibit 99.2 hereto, in order to generate liquidity to meet certain estate obligations, including estate taxes. Ms. Lucchese, solely in her capacity as a preliminary executor of the Estate, expects to continue to explore selling a portion or all of the remaining Common Shares held by the Estate for the purpose of meeting obligations of the Estate, including taxes. Other than as described in this Item 4, or otherwise in this Statement, Ms. Lucchese (individually and in her capacity as a preliminary executor of the Estate) currently has no plans or proposals which relate to or would result in any of the matters set forth in subparagraphs (a)-(j) of Item 4 of Form Schedule 13D. In the foregoing capacities, Ms. Lucchese reserves the right, in light of her future evaluation of the Issuer's financial condition, business, operations and prospects, the market price of the Common Shares, conditions in the securities markets generally, general economic and industry conditions and other relevant factors, to change her plans and intentions at any time, as she deems appropriate. As a director and senior executive officer of the Issuer, Ms. Lucchese participates in deliberations of the Issuer's senior management and directors in the normal course of the Issuer's business that could involve any of the matters set forth in subparagraphs (a)-(j) of the instructions to Item 4 from time to time, and, in keeping with her fiduciary duty as an officer, may make proposals or recommendations to the Issuer's board of directors that could involve such matters from time to time. In addition, as a member of the Issuer's senior management, Ms. Lucchese participates in Issuer compensatory plans, including plans pursuant to which awards of equity securities are made (including to Ms. Lucchese), in the ordinary course of business, generally on an annual basis.

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Short Interest · settle 2026-08-14
DTC 4.38
1,507,725 shares short · -1.9% vs prior

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