Form 4: John Wiley & Sons Executive Vice President Jay Flynn Reports Stock Transactions

EVP & GM of Research & Learning at John Wiley & Sons, Jay Flynn, reports the vesting of restricted stock units and subsequent tax withholding.

Summary

• On July 1, 2024, Jay Flynn, EVP & GM of Research & Learning at John Wiley & Sons, reported transactions involving Class A Common stock.
• Flynn acquired 3,185 shares of Class A Common stock upon the vesting of restricted stock units.
• Simultaneously, 1,762 shares were disposed of to cover withholding tax liabilities at a price of $40.69 per share.
• Following these transactions, Flynn directly owns 12,340 shares of Class A Common stock.
• The reported transactions also involved the vesting of 3,185 Performance Stock Units that settled and were granted as Restricted Stock Units on May 29, 2024.
• As a result of the transaction, all restricted stock units granted on May 29, 2024 have vested.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.

Key Dates