Wiley (WLY) CFO exercises 2,714 RSUs and surrenders 1,241 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHN WILEY & SONS, INC. EVP and Chief Financial Officer Craig Morrow Albright reported equity compensation-related transactions in Class A Common stock and restricted stock units. He exercised 2,714 restricted stock units into the same number of Class A Common shares, on a 1-for-1 basis.
On the same date, 1,241 Class A Common shares were surrendered to cover withholding tax liability due upon vesting of restricted stock units, leaving 1,473 Class A Common shares held directly after this tax-withholding disposition. Following the derivative transaction, he held 8,142 restricted stock units.
Footnotes state that on June 26, 2025, he was granted 10,856 restricted stock units, vesting in four equal annual installments beginning on April 30 of each year after grant, and that these units are subject to forfeiture under the grant’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,714 shares exercised/converted
Mixed
3 txns
Insider
Albright Craig Morrow
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,714 | $0.00 | -- |
| Exercise | Class A Common | 2,714 | $0.00 | -- |
| Tax Withholding | Class A Common | 1,241 | $40.93 | $51K |
Holdings After Transaction:
Restricted Stock Units — 8,142 shares (Direct, null);
Class A Common — 2,714 shares (Direct, null)
Footnotes (1)
- Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units. 1-for-1 On June 26, 2025, the reporting person was granted 10,856 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.
Key Figures
RSUs exercised: 2,714 shares
Shares surrendered for tax: 1,241 shares
Tax value per share: $40.93 per share
+3 more
6 metrics
RSUs exercised
2,714 shares
Restricted stock units converted 1-for-1 into Class A Common
Shares surrendered for tax
1,241 shares
Surrendered to cover withholding tax on RSU vesting
Tax value per share
$40.93 per share
Value of Class A Common shares surrendered for withholding tax
Common shares after transaction
1,473 shares
Direct Class A Common holdings following tax-withholding disposition
RSUs remaining
8,142 units
Restricted stock units held after derivative transaction
RSUs originally granted
10,856 units
Grant dated June 26, 2025, vesting in four equal annual installments
Key Terms
Restricted Stock Units, tax-withholding disposition, derivative security, 1-for-1
4 terms
Restricted Stock Units financial
"The 1,241 shares were surrendered to cover withholding tax liability due upon vesting of restricted stock units."
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.
tax-withholding disposition financial
"Transaction code F describes a tax-withholding disposition to satisfy withholding tax liability."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"Transaction code M is described as the exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
1-for-1 financial
"Footnote indicates a 1-for-1 conversion ratio between restricted stock units and Class A Common shares."
FAQ
What insider transactions did WLY executive Craig Morrow Albright report?
Craig Morrow Albright reported exercising 2,714 restricted stock units into Class A Common shares and surrendering 1,241 shares to cover withholding tax. After these transactions, he directly held 1,473 Class A Common shares and 8,142 restricted stock units.
Was the WLY Form 4 transaction an open-market sale or purchase?
The Form 4 shows no open-market buy or sell. It reports an exercise of 2,714 restricted stock units and a related tax-withholding disposition of 1,241 shares surrendered to satisfy withholding tax due upon vesting of restricted stock units.
What is the size and vesting schedule of the WLY CFO’s RSU grant?
On June 26, 2025, the reporting person was granted 10,856 restricted stock units. These units vest in four equal annual installments, beginning on April 30 of each year after the grant date, and are subject to forfeiture under the grant terms.