Form 4: John Wiley & Sons Executive Kevin Monaco Granted Restricted Stock Units

Kevin Monaco, SVP, Treasurer & Tax at John Wiley & Sons, Inc., was granted 1,808 restricted stock units on June 25, 2025, as part of his compensation.

Summary

• Kevin Monaco, the Senior Vice President, Treasurer & Tax at John Wiley & Sons, Inc. (WLY, WLYB), was granted 1,808 Restricted Stock Units (RSUs).
• The grant date for these RSUs was June 25, 2025.
• These RSUs will vest in four equal annual installments, with the first vesting occurring on April 30th of the year following the grant.
• Each Restricted Stock Unit converts into one share of Class A common stock.
• Following this transaction, Mr. Monaco beneficially owns a total of 6,534 restricted stock units.

Sentiment

Score: 7

Explanation: The grant of Restricted Stock Units to a key executive is a positive sign of executive retention and alignment with shareholder interests, reflecting standard compensation practices.

Positives

• The grant of 1,808 Restricted Stock Units (RSUs) to a key executive, Kevin Monaco, aligns management's interests with shareholder value.
• The RSUs vest over four equal annual installments, promoting long-term retention and commitment from the SVP, Treasurer & Tax.

Risks

• Restricted stock units are subject to forfeiture under the terms and conditions of the grant, meaning the executive may not receive all shares if specific conditions are not met (e.g., leaving the company before vesting).

Future Outlook

The grant of Restricted Stock Units (RSUs) to Kevin Monaco, vesting over four equal annual installments starting April 30th of each year after the grant, indicates a future issuance of Class A common stock upon vesting, aligning executive incentives with long-term company performance.

Industry Context

The grant of Restricted Stock Units (RSUs) is a common practice in executive compensation across various industries, including publishing and education technology, to incentivize long-term performance and retain key talent. This aligns John Wiley & Sons with standard corporate governance practices for executive remuneration.

Comparison to Industry Standards

• The grant of Restricted Stock Units (RSUs) as part of executive compensation is a standard practice in publicly traded companies, including those in the publishing and education sectors like Pearson, McGraw Hill, and Cengage Group, to align executive interests with shareholder value and promote long-term retention.
• The vesting schedule over four years is also a common industry standard for such equity awards, providing a sustained incentive for executives.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential for minor dilution upon RSU vesting, but also improved executive alignment and retention, which can positively impact long-term company performance.
• Employees: Standard executive compensation practices may set a precedent or benchmark for other employee equity programs within the company.

Next Steps

• The Restricted Stock Units will vest in four equal annual installments, beginning on April 30th of each year after the grant date of June 25, 2025.
• Upon vesting, the RSUs will convert into Class A common stock on a one-for-one basis.

Key Dates

Keywords

John Wiley & Sons, WLY, WLYB, Restricted Stock Units, RSU, Executive Compensation, Insider Transaction, SEC Form 4, Kevin Monaco