Form 4: John Wiley & Sons SVP, Treasurer & Tax Receives Restricted Stock Units

Kevin Monaco, SVP, Treasurer & Tax at John Wiley & Sons, Inc., was granted 2,030 restricted stock units on June 26, 2024, vesting in equal annual installments.

Summary

• Kevin Monaco, an SVP, Treasurer & Tax at John Wiley & Sons, Inc., received 2,030 restricted stock units on June 26, 2024.
• The restricted stock units vest in four equal annual installments, starting on April 30th of each year after the grant date.
• The reporting person directly owns these securities.
• The restricted stock units are subject to forfeiture under the terms and conditions of the grant.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices. The grant of restricted stock units is generally viewed favorably as it aligns management's interests with those of shareholders.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders.

Risks

• The restricted stock units are subject to forfeiture, which could impact the executive's compensation if certain conditions are not met.

Future Outlook

The executive's compensation is tied to the company's performance through the vesting of restricted stock units.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• The grant of restricted stock units aligns the executive's interests with those of the shareholders, potentially leading to better company performance.

Key Dates