Form 4: John Wiley & Sons SVP, Corporate Controller Christopher Caridi Reports Stock Transactions
SEC Form 4
Christopher Caridi, SVP, Corporate Controller of John Wiley & Sons, reports the vesting and subsequent transactions of restricted stock units on April 30, 2024.
Summary
- On April 30, 2024, Christopher Caridi, SVP, Corporate Controller of John Wiley & Sons, engaged in transactions involving Class A Common stock and Restricted Stock Units.
- These transactions included the vesting of restricted stock units granted on October 26, 2020, June 24, 2021, June 22, 2022, and June 23, 2023.
- A total of 451, 329, 395, and 575 restricted stock units vested, respectively.
- Shares were surrendered to cover withholding tax liabilities upon the vesting of these units.
- Following these transactions, Caridi directly owns 8,845 shares of Class A Common stock and holds 1,728 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company insider, indicating standard compensation practices. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard compensation practices involving stock-based awards.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 10/26/2020 | Reporting person was granted 4,203 restricted stock units scheduled to vest in four annual installments. |
| 06/24/2021 | Reporting person was granted 1,316 restricted stock units scheduled to vest in four annual installments. |
| 06/22/2022 | Reporting person was granted 1,579 restricted stock units scheduled to vest in four annual installments. |
| 06/23/2023 | Reporting person was granted 2,303 restricted stock units scheduled to vest in four annual installments. |
| 04/30/2024 | Date of earliest transaction: Vesting of restricted stock units and surrender of shares for tax liability. |
| 05/02/2024 | Date of signature on the Form 4 filing. |
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