Form 4: Wiley & Sons CFO Christina Van Tassell Sells 7,530 Shares of Class A Common Stock
SEC Form 4 Filing
Christina Van Tassell, EVP and CFO of John Wiley & Sons, Inc., sold 7,530 shares of Class A Common stock at a price of $39.54 on June 18, 2024.
Summary
- On June 18, 2024, Christina Van Tassell, the EVP and Chief Financial Officer of John Wiley & Sons, Inc. (WLY, WLYB), sold 7,530 shares of Class A Common stock.
- The transaction was executed at a price of $39.54 per share.
- Following the reported transaction, Van Tassell directly owns 11,473 shares of Class A Common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports a stock sale by an executive.
Industry Context
Executive stock sales are a common occurrence and are publicly disclosed to ensure transparency and prevent insider trading. The sale could be for personal financial management reasons and doesn't necessarily reflect a negative outlook on the company.
Stakeholder Impact
- The stock sale may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of the transaction: sale of 7,530 shares of Class A Common stock. |
| 06/20/2024 | Date of signature by Attorney-In-Fact. |
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