Form 4: Wiley Executive Weber Reports Stock Transactions
SEC Form 4
Andrew Weber, EVP at John Wiley & Sons, reports the vesting and subsequent tax-related disposal of Class A Common Stock and Restricted Stock Units.
Summary
- Andrew Weber, an Executive Vice President at John Wiley & Sons, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On April 30, 2025, Weber vested in several tranches of restricted stock units, converting them into Class A Common stock.
- Simultaneously, Weber disposed of some Class A Common stock to cover withholding tax liabilities associated with the vesting of the restricted stock units.
- The transactions involved the vesting of 484, 603, 884, and 1,132 restricted stock units, each convertible into one share of Class A Common stock.
- Weber disposed of 1,278 shares of Class A Common stock at a price of $43.64 to satisfy tax obligations.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities, allowing investors to monitor the actions of company executives and directors.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| July 6, 2021 | Reporting person was granted 1,934 restricted stock units, vesting in four equal annual installments, beginning on April 30, 2022. |
| April 30, 2022 | First vesting date for restricted stock units granted on July 6, 2021. |
| June 26, 2022 | Reporting person was granted 2,413 restricted stock units, vesting in four equal annual installments, beginning on April 30, 2023. |
| April 30, 2023 | First vesting date for restricted stock units granted on June 26, 2022. |
| June 23, 2023 | Reporting person was granted 3,536 restricted stock units, vesting in four equal annual installments, beginning on April 30, 2024. |
| April 30, 2024 | First vesting date for restricted stock units granted on June 23, 2023. |
| June 26, 2024 | Reporting person was granted 4,528 restricted stock units, vesting in four equal annual installments, beginning on April 30, 2025. |
| April 30, 2025 | Date of the reported transactions; vesting of restricted stock units and disposal of shares for tax liabilities. |
| May 02, 2025 | Date of the form filing. |
Keywords
Form 4, insider trading, beneficial ownership, restricted stock units, Class A Common stock, John Wiley & Sons, Weber, vesting, WLY, WLYB
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