WLY.NYSEJohn Wiley & Sons, INC

Form 4: Wiley CFO Christina Van Tassell Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

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Christina Van Tassell, EVP and CFO of John Wiley & Sons, Inc., reports acquisition and disposal of Class A Common stock related to vesting of restricted stock units.

Summary

  • On July 1, 2024, Christina Van Tassell, the EVP and CFO of John Wiley & Sons, Inc., acquired 12,203 shares of Class A Common stock upon the vesting of restricted stock units.
  • Also on July 1, 2024, she disposed of 6,750 shares of Class A Common stock at a price of $40.69 to cover withholding tax liabilities related to the vesting.
  • Following these transactions, Van Tassell directly owns 16,926 shares of Class A Common stock.
  • The reported transactions relate to Performance Stock Units that settled and were granted as Restricted Stock Units on May 29, 2024, and were scheduled to vest on June 30, 2024, which vested on July 1, 2024 due to the vesting date falling on a Sunday.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company executive, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.

Key Dates

DateDescription
May 29, 2024Performance Stock Units settled and were granted as Restricted Stock Units.
June 30, 2024Scheduled vesting date of Restricted Stock Units (Sunday).
July 1, 2024Actual vesting date of Restricted Stock Units and related stock transactions.
July 2, 2024Date of signature for the Form 4 filing.

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