Wiley (WLY) EVP McMahan exercises 15,810 RSUs, surrenders 8,743 shares for tax
Rhea-AI Filing Summary
John Wiley & Sons EVP Danielle McMahan reported routine equity compensation activity involving restricted stock units. On June 30, 2026, she exercised or converted 15,810 Restricted Stock Units into Class A common shares on a one-for-one basis. In a related transaction, 8,743 Class A Common shares were surrendered at $48.51 per share to cover withholding tax due at vesting, rather than being sold on the open market. Footnotes state that all restricted stock units from the November 2, 2023 performance award (with performance conditions approved May 27, 2026) have now vested and that she still owns 31,252 restricted stock units as of this report, in addition to her common stock holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,067 shares
Net Buy
3 txns
Insider
McMahan Danielle
Role
EVP, Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 15,810 | $0.00 | $0.00 |
| Exercise | Class A Common | 15,810 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common | 8,743 | $48.51 | $424K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common — 25,913 shares (Direct)
Footnotes (4)
- F1. Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units.
- F2. 1-for-1
- 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.
- F4. As a result of this transaction, all restricted stock units granted on May 27, 2026 have vested. Total amount reported represents securities owned related solely to this particular grant or award. Reporting person owns a total of 31,252 restricted stock units as of this report.
Key Figures
RSUs exercised: 15,810 units
Shares surrendered for tax: 8,743 shares
Tax value per share: $48.51 per share
+3 more
6 metrics
RSUs exercised
15,810 units
Restricted Stock Units converted into Class A common on June 30, 2026
Shares surrendered for tax
8,743 shares
Class A Common surrendered to cover withholding tax liability
Tax value per share
$48.51 per share
Price used for tax-withholding share surrender
Remaining RSU holdings
31,252 units
Restricted Stock Units owned as of this report
Exercise transactions
1 transaction, 15,810 shares
Derivative exercise/conversion count and size from summary
Tax-withholding transactions
1 transaction, 8,743 shares
Shares surrendered to pay tax liability on vesting
Key Terms
Restricted Stock Units, Performance Stock Units, withholding tax liability, Class A common stock, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units are subject to forfeiture until vested and convert into Class A common stock on a one-for-one basis."
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.
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.
withholding tax liability financial
"Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units."
Class A common stock 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 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion","transaction_code_description": "Exercise or conversion of derivative security""
FAQ
What did WLY executive Danielle McMahan report in this Form 4 filing?
Danielle McMahan reported vesting and exercise of 15,810 Restricted Stock Units into Class A common shares and the surrender of 8,743 shares to cover tax withholding obligations tied to that vesting event.
How many Restricted Stock Units did Danielle McMahan exercise at John Wiley & Sons?
She exercised or converted 15,810 Restricted Stock Units into Class A common stock on a 1-for-1 basis, reflecting the vesting of a performance-based award that had its conditions approved on May 27, 2026.
What performance-based award is referenced in Danielle McMahan’s WLY Form 4?
The filing notes a Performance Stock Unit grant received on November 2, 2023. After financial targets were approved on May 27, 2026, it converted into Restricted Stock Units that vested on June 30, 2026.
How many Restricted Stock Units does Danielle McMahan still hold at WLY?
Footnotes state that, after these transactions, the reporting person owns 31,252 restricted stock units as of this report, separate from the Class A common shares issued upon vesting of the 15,810-unit award.
Does this WLY Form 4 show ongoing equity compensation for Danielle McMahan?
Yes. The report shows vesting of a prior performance-based award and indicates she still holds 31,252 restricted stock units, demonstrating continued equity-based compensation exposure in John Wiley & Sons stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
