Wiley SVP settles RSU taxes with 1,885 shares
JOHN WILEY & SONS, INC. senior vice president and chief accounting officer Christopher Caridi reported compensation-related equity activity.
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Form Type
4
Rhea-AI Filing Summary
JOHN WILEY & SONS, INC. senior vice president and chief accounting officer Christopher Caridi reported compensation-related equity activity. On June 30, 2026, restricted stock units converted into Class A common stock, and 1,885 shares were surrendered at $48.51 per share to cover withholding tax obligations.
The filing shows multiple batches of restricted stock units converting into Class A common stock on a one-for-one basis after performance conditions and time-based vesting were satisfied. Following these events, Caridi continues to hold Class A shares directly and also retains additional restricted stock units that remain outstanding.
Insider Trade Summary
5,224 shares exercised/converted
Exercise
5 txns
Insider
Caridi Christopher
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,319 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 905 | $0.00 | $0.00 |
| Exercise | Class A Common | 4,319 | $0.00 | $0.00 |
| Exercise | Class A Common | 905 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common | 1,885 | $48.51 | $91K |
Holdings After Transaction:
Restricted Stock Units — 905 contracts (Direct);
Class A Common — 12,541 shares (Direct)
Footnotes (6)
- 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.
- F5. On June 23, 2023, the reporting person was granted 3,619 restricted stock units, vesting in four equal annual installments, beginning on June 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 9,592 restricted stock units as of this report.
Key Figures
Shares surrendered for taxes: 1,885 shares
Tax withholding reference price: $48.51 per share
RSUs converted (block 1): 905 units
+3 more
6 metrics
Shares surrendered for taxes
1,885 shares
Class A Common, tax-withholding disposition at $48.51 per share
Tax withholding reference price
$48.51 per share
Used to value 1,885 surrendered Class A shares
RSUs converted (block 1)
905 units
Restricted Stock Units converting into Class A Common on June 30, 2026
RSUs converted (block 2)
4,319 units
Restricted Stock Units converting into Class A Common on June 30, 2026
Remaining RSU holdings
9,592 restricted stock units
Total restricted stock units owned as of this report
Prior RSU grant size
3,619 restricted stock units
Grant on June 23, 2023, vesting in four equal annual installments
Key Terms
Restricted Stock Units, Performance Stock Units, withholding tax liability, vesting, +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
"On November 2, 2023, the Reporting Person received a grant of Performance Stock Units ("PSUs")."
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."
vesting financial
"As a result of this transaction, all restricted stock units granted on May 27, 2026 have vested."
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.
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 transactions did WLY executive Christopher Caridi report on June 30, 2026?
Christopher Caridi reported the vesting and conversion of restricted stock units into Class A common stock and the surrender of 1,885 shares at $48.51 per share to cover withholding tax obligations related to that vesting event.
Were the WLY Form 4 transactions open-market buys or sells?
The transactions were not open-market buys or sells. They reflect equity compensation events: restricted stock units converting into Class A common stock and shares surrendered to satisfy withholding tax liabilities tied to vesting, rather than discretionary trading in the market.
What do the restricted stock unit conversions mean for WLY’s Christopher Caridi?
Restricted stock unit conversions mean Caridi’s equity awards vested and turned into Class A common shares on a one-for-one basis. These events follow satisfaction of performance targets and time-based vesting conditions approved and scheduled under the company’s compensation programs.
How many restricted stock units does WLY executive Christopher Caridi still hold?
Caridi holds 9,592 restricted stock units as of this report. A portion relates to a June 23, 2023 grant of 3,619 restricted stock units that vest in four equal annual installments starting June 30 after the grant date.
What is the background of the performance stock units mentioned in WLY’s Form 4?
Performance stock units were granted on November 2, 2023 and could be earned based on financial targets. Performance conditions were approved on May 27, 2026, and the units converted into restricted stock units scheduled to vest on June 30, 2026 before turning into Class A shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
