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[Form 4] John Wiley & Sons, Inc. Insider Trading Activity

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On 14 Jul 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) filed an 8-K announcing the appointment of Nitya Gopalakrishnan, 53, as Executive Vice President & Chief Operating Officer.

Gopalakrishnan joins from BlackRock, where she most recently served as Managing Director & Head of Investment Infrastructure, SMA Solutions, following 25 years in senior platform, engineering and COO roles. The filing states there are no related-party relationships or transactions requiring disclosure.

The offer letter sets a $400 k base salary, target annual cash bonus equal to 125 % of salary, and a 20,000-share restricted-stock sign-on grant vesting over three years. She is also eligible for annual LTIP awards (~100 % of salary) and up to $100 k relocation reimbursement.

If terminated without cause, severance includes 12-months salary, an average prior-bonus payout, one year of health benefits, and full acceleration of all unvested equity.

No other material events, financial results, or transactions were disclosed.

Il 14 luglio 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) ha presentato un modulo 8-K annunciando la nomina di Nitya Gopalakrishnan, 53 anni, a Vice Presidente Esecutivo e Chief Operating Officer.

Gopalakrishnan arriva da BlackRock, dove ha ricoperto recentemente il ruolo di Managing Director e Responsabile dell'Investment Infrastructure, SMA Solutions, dopo 25 anni in posizioni senior in ambito piattaforme, ingegneria e COO. Nel documento si specifica che non esistono rapporti o transazioni con parti correlate da dichiarare.

La lettera di offerta prevede uno stipendio base di 400.000 $, un bonus annuale target pari al 125% dello stipendio e una concessione di azioni vincolate di 20.000 unità, con maturazione in tre anni. È inoltre previsto l'accesso a premi LTIP annuali (~100% dello stipendio) e un rimborso fino a 100.000 $ per il trasferimento.

In caso di licenziamento senza giusta causa, il trattamento di fine rapporto include 12 mesi di stipendio, una media dei bonus precedenti, un anno di copertura sanitaria e la maturazione immediata di tutte le azioni non ancora maturate.

Non sono stati comunicati altri eventi rilevanti, risultati finanziari o transazioni.

El 14 de julio de 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) presentó un formulario 8-K anunciando el nombramiento de Nitya Gopalakrishnan, de 53 años, como Vicepresidenta Ejecutiva y Directora de Operaciones.

Gopalakrishnan proviene de BlackRock, donde recientemente se desempeñó como Managing Director y Jefa de Investment Infrastructure, SMA Solutions, tras 25 años en roles senior en plataformas, ingeniería y operaciones. El documento indica que no existen relaciones o transacciones con partes relacionadas que deban divulgarse.

La carta oferta establece un salario base de 400.000 $, un bono anual objetivo equivalente al 125% del salario y una concesión de acciones restringidas de 20.000 unidades, con adquisición en tres años. También es elegible para premios anuales LTIP (~100% del salario) y hasta 100.000 $ en reembolso por reubicación.

Si es despedida sin causa, la indemnización incluye 12 meses de salario, un promedio de los bonos anteriores, un año de cobertura médica y la aceleración total de todas las acciones no adquiridas.

No se divulgaron otros eventos materiales, resultados financieros o transacciones.

2025년 7월 14일, HA Sustainable Infrastructure Capital, Inc. (HASI)는 니티야 고팔라크리슈난(53세)를 부사장 겸 최고운영책임자(Executive Vice President & COO)로 임명했다고 8-K 보고서를 통해 발표했습니다.

고팔라크리슈난은 블랙록(BlackRock)에서 최근까지 투자 인프라, SMA 솔루션 부문 책임자(Managing Director & Head of Investment Infrastructure, SMA Solutions)로 근무했으며, 25년간 플랫폼, 엔지니어링 및 COO 직책을 역임했습니다. 보고서에는 관련 당사자와의 거래나 관계는 없다고 명시되어 있습니다.

제안서에는 기본 연봉 40만 달러, 목표 연간 현금 보너스는 연봉의 125%, 3년에 걸쳐 권리가 부여되는 2만 주 제한 주식 지급이 포함되어 있습니다. 또한 연간 LTIP 보상(연봉의 약 100%)과 최대 10만 달러 이사 비용 환급도 받을 수 있습니다.

정당한 사유 없는 해고 시, 퇴직금으로 12개월 급여, 과거 보너스 평균 지급액, 1년간 건강보험 혜택, 그리고 모든 미부여 주식의 즉시 완전 가속화가 포함됩니다.

기타 중요한 사건, 재무 결과 또는 거래는 공개되지 않았습니다.

Le 14 juillet 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) a déposé un formulaire 8-K annonçant la nomination de Nitya Gopalakrishnan, 53 ans, en tant que Vice-Présidente Exécutive et Directrice des Opérations.

Gopalakrishnan rejoint BlackRock, où elle a récemment occupé le poste de Managing Director & Responsable de l'Investment Infrastructure, SMA Solutions, après 25 ans dans des fonctions senior en plateformes, ingénierie et COO. Le document précise qu'il n'existe aucune relation ou transaction avec des parties liées nécessitant une divulgation.

La lettre d'offre fixe un salaire de base de 400 000 $, un bonus annuel cible égal à 125 % du salaire, et une attribution d'actions restreintes de 20 000 titres avec une acquisition progressive sur trois ans. Elle est également éligible à des primes LTIP annuelles (~100 % du salaire) et à un remboursement de déménagement pouvant atteindre 100 000 $.

En cas de licenciement sans cause, l'indemnité comprend 12 mois de salaire, une moyenne des primes précédentes, une couverture santé d'un an, et l'accélération totale de toutes les actions non acquises.

Aucun autre événement important, résultat financier ou transaction n'a été divulgué.

Am 14. Juli 2025 reichte HA Sustainable Infrastructure Capital, Inc. (HASI) ein Formular 8-K ein, in dem die Ernennung von Nitya Gopalakrishnan, 53 Jahre alt, zum Executive Vice President & Chief Operating Officer bekannt gegeben wurde.

Gopalakrishnan kommt von BlackRock, wo sie zuletzt als Managing Director & Leiterin der Investment Infrastructure, SMA Solutions tätig war, nach 25 Jahren in leitenden Funktionen in den Bereichen Plattform, Engineering und COO. Die Einreichung besagt, dass keine Beziehungen oder Transaktionen mit verbundenen Parteien offengelegt werden müssen.

Das Angebotsschreiben sieht ein Grundgehalt von 400.000 $, einen Zieljahresbonus von 125% des Gehalts und eine Restriktionsaktien-Zuteilung von 20.000 Aktien vor, die über drei Jahre vestet. Außerdem ist sie für jährliche LTIP-Auszeichnungen (~100 % des Gehalts) und eine Umzugskostenrückerstattung von bis zu 100.000 $ berechtigt.

Bei einer fristlosen Kündigung ohne Grund umfasst die Abfindung 12 Monatsgehälter, eine durchschnittliche Bonuszahlung der Vorjahre, ein Jahr Krankenversicherung und die volle Beschleunigung aller nicht vesteten Aktien.

Weitere wesentliche Ereignisse, Finanzergebnisse oder Transaktionen wurden nicht bekannt gegeben.

Positive
  • High-caliber hire from BlackRock brings 25 years of platform and infrastructure experience that could improve operational execution and scalability.
  • Clear compensation disclosure enhances transparency and aligns incentives through a mix of cash and equity.
Negative
  • Generous single-trigger severance includes full equity acceleration, potentially increasing future expense and shareholder dilution upon termination.
  • Additional fixed costs (salary, relocation) add to G&A, though impact is minor relative to company size.

Insights

TL;DR: Strategic COO hire adds BlackRock pedigree; compensation typical, severance generous but not unusual—overall governance-neutral.

HASI strengthens its C-suite by recruiting an executive with deep operational and platform-integration expertise from BlackRock. The disclosed pay mix—base, bonus, equity, LTIP—is broadly market-aligned for a mid-cap infrastructure REIT. The single-trigger acceleration of equity on a without-cause termination is shareholder-friendly for retention but slightly rich compared with double-trigger norms. No related-party concerns or governance red flags emerge. Impact on governance outlook: neutral.

TL;DR: Leadership upgrade may aid execution; financial impact immaterial, share count dilution negligible.

The hire should bolster operational scale as HASI grows its sustainable-asset portfolio. Direct cash cost (~$0.4 m salary plus variable comp) is minimal relative to HASI’s ~$200 m annual G&A. The 20,000 restricted shares equate to <0.02 % of outstanding—immaterial dilution. Severance obligations introduce limited contingent liability. Because no earnings or guidance were provided, the announcement is strategically positive but not immediately valuation-moving.

Il 14 luglio 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) ha presentato un modulo 8-K annunciando la nomina di Nitya Gopalakrishnan, 53 anni, a Vice Presidente Esecutivo e Chief Operating Officer.

Gopalakrishnan arriva da BlackRock, dove ha ricoperto recentemente il ruolo di Managing Director e Responsabile dell'Investment Infrastructure, SMA Solutions, dopo 25 anni in posizioni senior in ambito piattaforme, ingegneria e COO. Nel documento si specifica che non esistono rapporti o transazioni con parti correlate da dichiarare.

La lettera di offerta prevede uno stipendio base di 400.000 $, un bonus annuale target pari al 125% dello stipendio e una concessione di azioni vincolate di 20.000 unità, con maturazione in tre anni. È inoltre previsto l'accesso a premi LTIP annuali (~100% dello stipendio) e un rimborso fino a 100.000 $ per il trasferimento.

In caso di licenziamento senza giusta causa, il trattamento di fine rapporto include 12 mesi di stipendio, una media dei bonus precedenti, un anno di copertura sanitaria e la maturazione immediata di tutte le azioni non ancora maturate.

Non sono stati comunicati altri eventi rilevanti, risultati finanziari o transazioni.

El 14 de julio de 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) presentó un formulario 8-K anunciando el nombramiento de Nitya Gopalakrishnan, de 53 años, como Vicepresidenta Ejecutiva y Directora de Operaciones.

Gopalakrishnan proviene de BlackRock, donde recientemente se desempeñó como Managing Director y Jefa de Investment Infrastructure, SMA Solutions, tras 25 años en roles senior en plataformas, ingeniería y operaciones. El documento indica que no existen relaciones o transacciones con partes relacionadas que deban divulgarse.

La carta oferta establece un salario base de 400.000 $, un bono anual objetivo equivalente al 125% del salario y una concesión de acciones restringidas de 20.000 unidades, con adquisición en tres años. También es elegible para premios anuales LTIP (~100% del salario) y hasta 100.000 $ en reembolso por reubicación.

Si es despedida sin causa, la indemnización incluye 12 meses de salario, un promedio de los bonos anteriores, un año de cobertura médica y la aceleración total de todas las acciones no adquiridas.

No se divulgaron otros eventos materiales, resultados financieros o transacciones.

2025년 7월 14일, HA Sustainable Infrastructure Capital, Inc. (HASI)는 니티야 고팔라크리슈난(53세)를 부사장 겸 최고운영책임자(Executive Vice President & COO)로 임명했다고 8-K 보고서를 통해 발표했습니다.

고팔라크리슈난은 블랙록(BlackRock)에서 최근까지 투자 인프라, SMA 솔루션 부문 책임자(Managing Director & Head of Investment Infrastructure, SMA Solutions)로 근무했으며, 25년간 플랫폼, 엔지니어링 및 COO 직책을 역임했습니다. 보고서에는 관련 당사자와의 거래나 관계는 없다고 명시되어 있습니다.

제안서에는 기본 연봉 40만 달러, 목표 연간 현금 보너스는 연봉의 125%, 3년에 걸쳐 권리가 부여되는 2만 주 제한 주식 지급이 포함되어 있습니다. 또한 연간 LTIP 보상(연봉의 약 100%)과 최대 10만 달러 이사 비용 환급도 받을 수 있습니다.

정당한 사유 없는 해고 시, 퇴직금으로 12개월 급여, 과거 보너스 평균 지급액, 1년간 건강보험 혜택, 그리고 모든 미부여 주식의 즉시 완전 가속화가 포함됩니다.

기타 중요한 사건, 재무 결과 또는 거래는 공개되지 않았습니다.

Le 14 juillet 2025, HA Sustainable Infrastructure Capital, Inc. (HASI) a déposé un formulaire 8-K annonçant la nomination de Nitya Gopalakrishnan, 53 ans, en tant que Vice-Présidente Exécutive et Directrice des Opérations.

Gopalakrishnan rejoint BlackRock, où elle a récemment occupé le poste de Managing Director & Responsable de l'Investment Infrastructure, SMA Solutions, après 25 ans dans des fonctions senior en plateformes, ingénierie et COO. Le document précise qu'il n'existe aucune relation ou transaction avec des parties liées nécessitant une divulgation.

La lettre d'offre fixe un salaire de base de 400 000 $, un bonus annuel cible égal à 125 % du salaire, et une attribution d'actions restreintes de 20 000 titres avec une acquisition progressive sur trois ans. Elle est également éligible à des primes LTIP annuelles (~100 % du salaire) et à un remboursement de déménagement pouvant atteindre 100 000 $.

En cas de licenciement sans cause, l'indemnité comprend 12 mois de salaire, une moyenne des primes précédentes, une couverture santé d'un an, et l'accélération totale de toutes les actions non acquises.

Aucun autre événement important, résultat financier ou transaction n'a été divulgué.

Am 14. Juli 2025 reichte HA Sustainable Infrastructure Capital, Inc. (HASI) ein Formular 8-K ein, in dem die Ernennung von Nitya Gopalakrishnan, 53 Jahre alt, zum Executive Vice President & Chief Operating Officer bekannt gegeben wurde.

Gopalakrishnan kommt von BlackRock, wo sie zuletzt als Managing Director & Leiterin der Investment Infrastructure, SMA Solutions tätig war, nach 25 Jahren in leitenden Funktionen in den Bereichen Plattform, Engineering und COO. Die Einreichung besagt, dass keine Beziehungen oder Transaktionen mit verbundenen Parteien offengelegt werden müssen.

Das Angebotsschreiben sieht ein Grundgehalt von 400.000 $, einen Zieljahresbonus von 125% des Gehalts und eine Restriktionsaktien-Zuteilung von 20.000 Aktien vor, die über drei Jahre vestet. Außerdem ist sie für jährliche LTIP-Auszeichnungen (~100 % des Gehalts) und eine Umzugskostenrückerstattung von bis zu 100.000 $ berechtigt.

Bei einer fristlosen Kündigung ohne Grund umfasst die Abfindung 12 Monatsgehälter, eine durchschnittliche Bonuszahlung der Vorjahre, ein Jahr Krankenversicherung und die volle Beschleunigung aller nicht vesteten Aktien.

Weitere wesentliche Ereignisse, Finanzergebnisse oder Transaktionen wurden nicht bekannt gegeben.

SEC Form 4
FORM 4 UNITED 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).
1. Name and Address of Reporting Person*
Madden Karen N

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

(Street)
HOBOKEN NJ 07030

(City) (State) (Zip)
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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units (1) 07/24/2025 A 17 (2) (2) Class A Common 17 $39.43 1,906 D
Explanation of Responses:
1. 1-for-1
2. Represents additional Phantom Stock Units as a result of a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors (the "Plan"). Shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.
Remarks:
/s/ Deirdre P. Silver, Attorney-In-Fact 07/25/2025
** Signature of Reporting Person Date
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.

FAQ

Who was appointed COO of HASI on July 14, 2025?

HASI appointed Nitya Gopalakrishnan, formerly a Managing Director at BlackRock, as Executive Vice President & Chief Operating Officer.

What is the new COO’s base salary and bonus potential at HASI?

The offer letter sets a $400,000 base salary with a target annual cash bonus equal to 125 % of salary.

How many restricted shares will the new HASI COO receive as a sign-on grant?

She will receive 20,000 restricted shares of HASI common stock, vesting annually over three years.

What severance benefits are provided if the HASI COO is terminated without cause?

Benefits include 12-months salary, average prior bonus, one year of health coverage, and immediate vesting of all unvested equity.

Does the 8-K disclose any related-party transactions involving the new COO?

No. The filing explicitly states there are no related-party relationships or transactions requiring disclosure.
Wiley (JOHN) & Sons, Inc.

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