Wiley (WLY) CEO awarded 94,784 RSUs from performance stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHN WILEY & SONS, INC. President and CEO Matthew Kissner reported two equity compensation grants in the form of Restricted Stock Units. He was awarded 55,692 RSUs and 39,092 RSUs on May 27, 2026, each convertible into Class A common stock on a one-for-one basis.
The 55,692 RSUs relate to Performance Stock Units granted on November 2, 2023, with performance conditions approved on May 27, 2026 and scheduled to vest on June 30, 2026. The 39,092 RSUs stem from PSUs granted on June 26, 2025, also with performance conditions approved on May 27, 2026 and vesting on June 30, 2028. All RSUs are subject to forfeiture until vesting and carry no exercise price, reflecting non-cash stock-based compensation rather than market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kissner Matthew
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 39,092 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 55,692 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 39,092 shares (Direct, null)
Footnotes (1)
- 1-for-1 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. 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
RSU grant 1: 55,692 units
RSU grant 2: 39,092 units
Total RSUs granted: 94,784 units
+2 more
5 metrics
RSU grant 1
55,692 units
Restricted Stock Units from 2023 PSUs, vesting June 30, 2026
RSU grant 2
39,092 units
Restricted Stock Units from 2025 PSUs, vesting June 30, 2028
Total RSUs granted
94,784 units
Equity compensation awards to CEO on May 27, 2026
Conversion ratio
1-for-1
Each RSU converts into one share of Class A common stock
Exercise price
$0.00 per unit
Stated conversion/exercise price for the RSU grants
Key Terms
Restricted Stock Units, Performance Stock Units, Class A common stock, subject to forfeiture
4 terms
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, 2026."
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.
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.
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."
FAQ
What insider transaction did WLY CEO Matthew Kissner report on this Form 4?
Matthew Kissner reported receiving two grants of Restricted Stock Units as equity compensation. He acquired 55,692 RSUs and 39,092 RSUs, each convertible into Class A common stock on a one-for-one basis, with no cash paid per unit.
How many restricted stock units did the WLY CEO receive in total?
He received a total of 94,784 Restricted Stock Units, split into 55,692 and 39,092 units. Each RSU converts into one share of Class A common stock, subject to vesting and forfeiture conditions tied to previously granted performance awards.
What is the origin of the RSU grants reported by WLY CEO Matthew Kissner?
Both RSU grants originated from earlier Performance Stock Unit awards. PSUs granted on November 2, 2023 and June 26, 2025 had performance targets approved on May 27, 2026, then converted into RSUs that will vest on future dates if conditions are satisfied.
When will the WLY CEO’s newly granted restricted stock units vest?
The 55,692 RSUs are scheduled to vest on June 30, 2026, while the 39,092 RSUs are scheduled to vest on June 30, 2028. Until these vesting dates, the RSUs remain subject to forfeiture under the award terms.
Do the WLY CEO’s RSU grants involve any cash exercise price?
No, the RSU grants have a stated exercise or conversion price of $0.00 per unit. They represent stock-based compensation that, once vested, converts into Class A common shares on a one-for-one basis without additional cash payment.