Form 4: John Wiley & Sons Executive Deirdre P. Silver Reports Stock Transactions
SEC Form 4 Filing
EVP and General Counsel of John Wiley & Sons, Deirdre P. Silver, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- Deirdre P. Silver, EVP and General Counsel of John Wiley & Sons, filed a Form 4 detailing changes in beneficial ownership.
- On July 1, 2024, 4,295 Class A Common shares vested from restricted stock units.
- 1,966 shares were surrendered to cover withholding tax liability at a price of $40.69 per share.
- Following these transactions, Silver directly owns 18,557 Class A Common shares.
- All restricted stock units granted on May 29, 2024, have now vested.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- Shareholders may be interested in tracking executive compensation and ownership changes.
Key Dates
| Date | Description |
|---|---|
| May 29, 2024 | Performance Stock Units settled and were granted as Restricted Stock Units. |
| June 30, 2024 | Scheduled vesting date of restricted stock units (occurred on July 1 due to being a Sunday). |
| July 1, 2024 | Vesting of 4,295 Class A Common shares and surrender of 1,966 shares for tax withholding. |
| July 2, 2024 | Date of Form 4 signature. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.