Wiley (NYSE: WLY) CFO receives 16,121 RSUs from performance award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHN WILEY & SONS, INC. EVP and Chief Financial Officer Craig Morrow Albright reported the acquisition of 16,121 Restricted Stock Units as compensation. These units arose from a June 26, 2025 Performance Stock Unit grant whose performance conditions were approved on May 27, 2026.
The Performance Stock Units converted into Restricted Stock Units scheduled to vest on June 30, 2028. The units are subject to forfeiture until vesting and will convert into Class A common stock on a one-for-one basis, aligning the executive’s compensation with future company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Albright Craig Morrow
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 16,121 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 16,121 shares (Direct, null)
Footnotes (1)
- 1-for-1 On June 26, 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.
Key Figures
RSUs granted: 16,121 units
Underlying shares: 16,121 shares
Conversion ratio: 1-for-1
+5 more
8 metrics
RSUs granted
16,121 units
Grant/award acquisition reported for CFO on May 27, 2026
Underlying shares
16,121 shares
Class A common stock underlying the Restricted Stock Units
Conversion ratio
1-for-1
Each Restricted Stock Unit converts into one Class A common share
Vesting date
June 30, 2028
Scheduled vesting date for the Restricted Stock Units
Exercise price
$0.00 per unit
Compensation grant with no cash exercise price
Shares after transaction
16,121 units
Total Restricted Stock Units held following this award
PSU grant date
June 26, 2025
Original Performance Stock Units grant that later converted to RSUs
Performance approval date
May 27, 2026
Date performance conditions were approved and PSUs converted to RSUs
Key Terms
Performance Stock Units, Restricted Stock Units, vest, subject to forfeiture, +1 more
5 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.
vest financial
"Restricted Stock Units scheduled to vest on June 30, 2028."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
subject to forfeiture financial
"Restricted Stock Units are subject to forfeiture until vested and convert into Class A common stock on a one-for-one basis."
Class A common stock financial
"convert into Class A common stock on a one-for-one basis."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did JOHN WILEY & SONS (WLY) report for its CFO?
The company reported that EVP and Chief Financial Officer Craig Morrow Albright acquired 16,121 Restricted Stock Units as compensation. These units came from a prior Performance Stock Unit grant that converted after performance conditions were approved on May 27, 2026.
How many Restricted Stock Units did the WLY CFO receive in this Form 4 filing?
The filing shows a grant of 16,121 Restricted Stock Units to EVP and Chief Financial Officer Craig Morrow Albright. These units correspond to 16,121 underlying shares of Class A common stock on a one-for-one conversion basis when vested, subject to forfeiture conditions.
When do the reported WLY Restricted Stock Units for the CFO vest?
The Restricted Stock Units reported for the WLY CFO are scheduled to vest on June 30, 2028. Until that vesting date, the units remain subject to forfeiture, meaning the executive must satisfy continued conditions to ultimately receive the underlying Class A common shares.
What performance conditions applied to the WLY CFO’s Performance Stock Units?
The CFO’s Performance Stock Units could be earned based on achieving certain financial targets. On May 27, 2026, those performance conditions were approved, and the units were converted into Restricted Stock Units that will vest later, aligning compensation with previously assessed financial performance.
How do the WLY CFO’s Restricted Stock Units convert into common stock?
The Restricted Stock Units convert into Class A common stock on a one-for-one basis after vesting. For each of the 16,121 units that vest, the executive will receive one share of Class A common stock, assuming the units are not forfeited before the June 30, 2028 vesting date.