Form 4: John Wiley & Sons EVP Deirdre P. Silver Reports Stock Transactions
SEC Form 4 Filing
Deirdre P. Silver, EVP and General Counsel of John Wiley & Sons, reports the vesting of restricted stock units and related tax withholding.
Summary
- Deirdre P. Silver, an Executive Vice President and General Counsel at John Wiley & Sons, Inc., filed a Form 4 on May 2, 2025.
- The form details transactions related to Class A Common stock and Restricted Stock Units (RSUs).
- On April 30, 2025, Silver vested RSUs granted in previous years (2021, 2022, 2023 and 2024).
- A portion of the vested shares were surrendered to cover withholding tax liabilities.
- The transactions resulted in changes to the amount of Class A Common stock and RSUs beneficially owned by Silver.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the stock ownership of company insiders.
Comparison to Industry Standards
- Executive compensation packages often include restricted stock units that vest over time to align management's interests with those of shareholders.
- The vesting schedules and tax withholding practices described in the filing are standard across many publicly traded companies.
- Comparable companies such as Pearson, Cengage, and McGraw Hill also utilize similar equity-based compensation strategies for their executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and stock ownership.
- The transactions have a minimal impact on employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| June 24, 2021 | Reporting person was granted 3,369 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. |
| June 22, 2022 | Reporting person was granted 4,638 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. |
| June 23, 2023 | Reporting person was granted 7,556 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after the grant. |
| June 26, 2024 | Reporting person was granted 7,260 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. |
| April 30, 2025 | Date of transaction: vesting of restricted stock units and surrender of shares for tax liabilities. |
| May 02, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, John Wiley & Sons, WLY, WLYB, Insider Trading, Deirdre P. Silver
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