Form 4: John Wiley & Sons EVP, Chief People Officer Receives Restricted Stock Units

Danielle McMahan, EVP and Chief People Officer at John Wiley & Sons, was granted 8,077 restricted stock units on June 26, 2024.

Summary

• On June 26, 2024, Danielle McMahan, the EVP and Chief People Officer of John Wiley & Sons, Inc., received 8,077 restricted stock units.
• These restricted stock units vest in four equal annual installments, starting on April 30th of each year after the grant date.
• The reporting person now beneficially owns 8,077 derivative securities.
• The restricted stock units are subject to forfeiture under the terms and conditions of the grant.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it simply reports a grant of restricted stock units, a common practice in executive compensation.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.

Risks

• The restricted stock units are subject to forfeiture, which could impact the executive's compensation if certain conditions are not met.

Future Outlook

The vesting of the restricted stock units is contingent upon continued service and the terms of the grant agreement.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning executive incentives with shareholder value.

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