STOCK TITAN

Wiley (WLY) CFO receives 20,000 options and 12,752 RSUs in new grants

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

John Wiley & Sons, Inc. reported that EVP and Chief Financial Officer Craig Morrow Albright received new equity awards. He was granted non-qualified stock options for 20,000 Class A common shares at a premium exercise price of $50.12 per share, expiring on June 25, 2036. These options vest in tranches of 10% on June 30, 2027, 20% on June 30, 2028, 30% on June 30, 2029, and 40% on June 30, 2030, and are subject to forfeiture under grant terms. He was also granted 12,752 restricted stock units, vesting in four equal annual installments beginning on April 30 following the grant date, which are likewise subject to forfeiture.

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Insider Albright Craig Morrow
Role EVP, Chief Financial Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 12,752 $0.00 --
Grant/Award Non-Qualified Stock Options (right to buy) 20,000 $0.00 --
Holdings After Transaction: Restricted Stock Units — 12,752 shares (Direct, null); Non-Qualified Stock Options (right to buy) — 20,000 shares (Direct, null)
Footnotes (1)
  1. 1-for-1 On June 25, 2026, the reporting person was granted 12,752 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. Non-Qualified stock options granted at a premium price of $50.12. Non-qualified stock options to vest 10% on 6/30/2027; 20% on 6/30/2028, 30% on 6/30/2029 and 40% on 6/30/2030, and are subject to forfeiture per the terms and conditions of the grant.
Non-qualified stock options granted 20,000 options Grant to EVP, CFO on June 25, 2026
Option exercise price $50.12 per share Premium strike for Class A Common options
Options expiration June 25, 2036 Term of non-qualified stock options
Restricted stock units granted 12,752 RSUs Grant to EVP, CFO with four-year annual vesting
Option vesting schedule 10%, 20%, 30%, 40% Vesting on 6/30/2027, 6/30/2028, 6/30/2029, 6/30/2030
Non-Qualified Stock Options financial
"Non-Qualified stock options granted at a premium price of $50.12."
Non-qualified stock options are a type of employee benefit that gives individuals the right to buy company shares at a set price, usually lower than the market value, within a certain period. Unlike other options that may have special tax advantages, these options are taxed as income when exercised, which can affect how much money the employee or investor ultimately gains. They are important because they can influence company compensation strategies and impact the financial outcomes for employees and investors.
Restricted Stock Units financial
"the reporting person was granted 12,752 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.
premium price financial
"Non-Qualified stock options granted at a premium price of $50.12."
subject to forfeiture financial
"Restricted stock units are subject to forfeiture under the terms and conditions of the grant."
vest financial
"Non-qualified stock options to vest 10% on 6/30/2027; 20% on 6/30/2028, 30% on 6/30/2029 and 40% on 6/30/2030"
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Albright Craig Morrow

(Last)(First)(Middle)
111 RIVER STREET

(Street)
HOBOKEN NEW JERSEY 07030

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
JOHN WILEY & SONS, INC. [ WLY, WLYB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/25/2026A12,752 (2) (2)Class A Common12,752$012,752D
Non-Qualified Stock Options (right to buy)$50.12(3)06/25/2026A20,000 (4)06/25/2036Class A Common20,000$020,000D
Explanation of Responses:
1. 1-for-1
2. On June 25, 2026, the reporting person was granted 12,752 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.
3. Non-Qualified stock options granted at a premium price of $50.12.
4. Non-qualified stock options to vest 10% on 6/30/2027; 20% on 6/30/2028, 30% on 6/30/2029 and 40% on 6/30/2030, and are subject to forfeiture per the terms and conditions of the grant.
Remarks:
/s/ Deirdre P. Silver, Attorney-In-Fact06/26/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did WLY grant to CFO Craig Morrow Albright?

WLY granted its CFO 20,000 non-qualified stock options and 12,752 restricted stock units. The options give the right to buy Class A common shares, while the RSUs convert into shares over time as they vest.

What is the exercise price and term of the new WLY stock options?

The non-qualified stock options have a premium exercise price of $50.12 per share and expire on June 25, 2036. This means the CFO can buy shares at $50.12 if the options vest and are exercised before expiration.

How do the new WLY stock options granted to the CFO vest over time?

The options vest in stages: 10% on June 30, 2027, 20% on June 30, 2028, 30% on June 30, 2029, and 40% on June 30, 2030. This creates a long-term incentive tied to continued service and performance.

What is the vesting schedule for the 12,752 WLY restricted stock units?

The 12,752 restricted stock units vest in four equal annual installments. Vesting begins on April 30 of the first year after the grant date, with one-quarter of the units vesting each year until fully vested.

Are the WLY equity awards to the CFO subject to forfeiture?

Yes, both the non-qualified stock options and the restricted stock units are subject to forfeiture. The awards can be lost if the conditions in the grant agreements, such as continued employment or performance requirements, are not met.