Wiley (NYSE: WLY) SVP Caridi receives performance-based RSU grants
Rhea-AI Filing Summary
JOHN WILEY & SONS, INC. senior vice president and chief accounting officer Christopher Caridi reported two equity compensation awards tied to prior performance grants. On May 27, 2026, 4,319 Performance Stock Units granted on June 25, 2025 and 3,298 Performance Stock Units granted on November 2, 2023 had their performance conditions approved and were converted into Restricted Stock Units.
The 4,319 Restricted Stock Units are scheduled to vest on June 30, 2028, and the 3,298 Restricted Stock Units are scheduled to vest on June 30, 2026. These awards are subject to forfeiture until they vest and will convert into Class A common stock on a one-for-one basis, reflecting routine, non-cash compensation rather than open-market trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Caridi Christopher
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,298 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 4,319 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 7,617 shares (Direct)
Footnotes (3)
- F1. 1-for-1
- F2. On June 25, 2025, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The performance conditions were approved on May 27, 2026 and converted into Restricted Stock Units scheduled to vest on June 30, 2028. Restricted Stock Units are subject to forfeiture until vested and convert into Class A common stock on a one-for-one basis.
- F3. On November 2, 2023, the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets. The performance conditions were approved on May 27, 2026 and converted into Restricted Stock Units scheduled to vest on June 30, 2026. Restricted Stock Units are subject to forfeiture until vested and convert into Class A common stock on a one-for-one basis.
Key Figures
RSUs from 2025 PSU grant: 4,319 units
RSUs from 2023 PSU grant: 3,298 units
Conversion ratio: 1-for-1
+1 more
4 metrics
RSUs from 2025 PSU grant
4,319 units
Converted to Restricted Stock Units; scheduled to vest June 30, 2028
RSUs from 2023 PSU grant
3,298 units
Converted to Restricted Stock Units; scheduled to vest June 30, 2026
Conversion ratio
1-for-1
Each Restricted Stock Unit converts into one share of Class A common
Total RSU derivative entries
2 transactions
Both coded as A (grant, award, or other acquisition) on May 27, 2026
Key Terms
Performance Stock Units, Restricted Stock Units, one-for-one basis
3 terms
Performance Stock Units financial
"the Reporting Person received a grant of Performance Stock Units ("PSUs"). Under the grant, the PSUs could be earned based on the achievement of certain financial targets."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"The performance conditions were approved on May 27, 2026 and converted into Restricted Stock Units scheduled to vest on June 30, 2028."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
one-for-one basis financial
"Restricted Stock Units are subject to forfeiture until vested and convert into Class A common stock on a one-for-one basis."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did JOHN WILEY & SONS (WLY) report for Christopher Caridi?
Christopher Caridi reported the acquisition of two Restricted Stock Unit awards. They resulted from previously granted Performance Stock Units whose performance conditions were approved on May 27, 2026 and then converted into time-vesting units as part of his equity compensation.
How many Restricted Stock Units did Christopher Caridi receive at JOHN WILEY & SONS (WLY)?
He received 4,319 Restricted Stock Units from a June 25, 2025 grant and 3,298 Restricted Stock Units from a November 2, 2023 grant. Both originated as Performance Stock Units that became time-based RSUs after performance targets were approved.
When do Christopher Caridi’s new Restricted Stock Units at JOHN WILEY & SONS (WLY) vest?
One RSU award of 4,319 units is scheduled to vest on June 30, 2028. A second award of 3,298 units is scheduled to vest on June 30, 2026. Both remain subject to forfeiture until the respective vesting dates.
Do Christopher Caridi’s Restricted Stock Units at JOHN WILEY & SONS (WLY) convert into common stock?
Yes. The Restricted Stock Units convert into Class A common stock on a one-for-one basis. This means each vested unit becomes one share, providing equity-based compensation without any open-market share purchase or sale in this filing.
Were Christopher Caridi’s JOHN WILEY & SONS (WLY) equity awards tied to performance goals?
Yes. Both awards began as Performance Stock Units subject to financial targets. After the performance conditions were approved on May 27, 2026, they converted into Restricted Stock Units with fixed vesting dates and continued forfeiture risk until vesting.