Form 4: John Wiley & Sons EVP, CFO Christina Van Tassell Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Christina Van Tassell, EVP and CFO of John Wiley & Sons, reports the acquisition of 13,531 restricted stock units on June 26, 2024.
Summary
- On June 26, 2024, Christina Van Tassell, the EVP and Chief Financial Officer of John Wiley & Sons, Inc., was granted 13,531 restricted stock units.
- These restricted stock units vest in four equal annual installments, starting on April 30th of each year following the grant date.
- The reporting person directly owns these securities.
- The price of the derivative security is $0.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices. The grant of restricted stock units can be seen as a positive incentive for the executive.
Future Outlook
The restricted stock units are subject to forfeiture under the terms and conditions of the grant, implying continued service is required for full vesting.
Industry Context
This filing is a routine disclosure of executive compensation in the form of restricted stock units, a common practice in publicly traded companies to align management's interests with those of shareholders.
Stakeholder Impact
- The grant of restricted stock units aligns the executive's interests with those of the shareholders, potentially driving long-term value creation.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: Christina Van Tassell was granted 13,531 restricted stock units. |
| 04/30/2025 | First vesting date: The restricted stock units vest in four equal annual installments, beginning on April 30th of each year after grant. |
| 06/27/2024 | Date of report: Form 4 filing date. |
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