Wiley EVP exercises RSUs, covers tax with shares
JOHN WILEY & SONS EVP Jay Flynn reported routine equity compensation activity in Class A Common stock.
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Form Type
4
Rhea-AI Filing Summary
JOHN WILEY & SONS EVP Jay Flynn reported routine equity compensation activity in Class A Common stock. On April 30, 2026, he exercised restricted stock units that delivered 11,223 shares of common stock, while 5,470 shares were surrendered to cover withholding tax liability upon vesting. Footnotes state that after these transactions he still holds 19,089 restricted stock units, reflecting ongoing equity-based incentives rather than open‑market buying or selling.
Insider Trade Summary
11,223 shares exercised/converted
Exercise
9 txns
Insider
Flynn Jay
Role
EVP & GM, Research & Learning
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,557 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,329 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,253 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,084 | $0.00 | $0.00 |
| Exercise | Class A Common | 1,557 | $0.00 | $0.00 |
| Exercise | Class A Common | 3,329 | $0.00 | $0.00 |
| Exercise | Class A Common | 3,253 | $0.00 | $0.00 |
| Exercise | Class A Common | 3,084 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common | 5,470 | $40.93 | $224K |
Holdings After Transaction:
Restricted Stock Units — 19,089 contracts (Direct);
Class A Common — 21,180 shares (Direct)
Footnotes (8)
- F1. Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
- F2. 1-for-1
- F3. On June 22, 2022, reporting person was granted 6,227 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
- F4. As a result of this transaction, all restricted stock units granted on June 22, 2022 have vested.
- F5. On June 23, 2023, the reporting person was granted 13,318 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
- F6. Total amount reported represents securities owned related solely to this particular grant or award. Reporting person owns a total of 19,089 restricted stock units as of this report.
- F7. On June 26, 2024, the reporting person was granted 13,011 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
- F8. On June 25, 2025, the reporting person was granted 12,337 restricted stock units, vesting in four equal annual installments, beginning on April 30th of each year after grant. Restricted stock units are subject to forfeiture under the terms and conditions of the grant.
Key Figures
Shares surrendered for taxes: 5,470 shares
Tax withholding price: $40.93 per share
Shares from RSU exercises: 11,223 shares
+5 more
8 metrics
Shares surrendered for taxes
5,470 shares
Class A Common surrendered to cover withholding tax liability
Tax withholding price
$40.93 per share
Value used for 5,470-share tax-withholding disposition
Shares from RSU exercises
11,223 shares
Total Class A Common from derivative exercises (M code)
2022 RSU grant
6,227 units
Grant on June 22, 2022, vesting in four annual installments
2023 RSU grant
13,318 units
Grant on June 23, 2023, four equal annual installments
2024 RSU grant
13,011 units
Grant on June 26, 2024, four equal annual installments
2025 RSU grant
12,337 units
Grant on June 25, 2025, four equal annual installments
RSUs owned after report
19,089 units
Restricted stock units owned as of this report per footnote
Key Terms
restricted stock units, withholding tax liability, derivative security, vesting, +1 more
5 terms
restricted stock units financial
"reporting person was granted 6,227 restricted stock units, vesting in four equal annual installments"
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.
withholding tax liability financial
"Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"vesting in four equal annual installments, beginning on April 30th of each year after grant."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
subject to forfeiture financial
"Restricted stock units are subject to forfeiture under the terms and conditions of the grant."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WLY executive Jay Flynn report?
Jay Flynn reported equity compensation activity involving restricted stock units converting into Class A Common shares. He exercised RSUs for 11,223 shares and surrendered 5,470 shares to cover withholding taxes, reflecting routine vesting mechanics instead of an open‑market trade.
How many WLY restricted stock units does Jay Flynn hold after this Form 4?
Footnotes state Jay Flynn owns 19,089 restricted stock units as of this report. These RSUs represent future potential Class A Common shares, subject to vesting schedules and forfeiture conditions described in grants dated 2022, 2023, 2024, and 2025.
What RSU grants to Jay Flynn are referenced in this WLY Form 4?
The footnotes reference RSU grants of 6,227 units in 2022, 13,318 units in 2023, 13,011 units in 2024, and 12,337 units in 2025. Each grant vests in four equal annual installments beginning April 30 following grant and is subject to forfeiture conditions.
What does transaction code F mean in Jay Flynn’s WLY Form 4?
Transaction code F denotes shares used to pay exercise price or taxes. Here, 5,470 Class A Common shares were surrendered to cover withholding tax liability upon RSU vesting, which is a non-market, compensation-related disposition rather than a voluntary sale for portfolio reasons.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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