Wiley (WLY) EVP Deirdre Silver reports RSU vesting and tax share surrender
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
JOHN WILEY & SONS, INC. executive Deirdre P. Silver, EVP and General Counsel, reported equity compensation-related transactions involving Class A Common stock.
On June 30, 2026, 14,171 Restricted Stock Units converted into the same number of Class A Common shares. In connection with this vesting, 6,479 shares were surrendered to cover withholding tax obligations, a non‑market disposition. Following these transactions, Silver directly holds 36,372 Class A Common shares and, according to the footnotes, 27,348 additional restricted stock units that remain outstanding from other awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,171 shares exercised/converted
Mixed
3 txns
Insider
Silver Deirdre P.
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,171 | $0.00 | -- |
| Exercise | Class A Common | 14,171 | $0.00 | -- |
| Tax Withholding | Class A Common | 6,479 | $48.51 | $314K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common — 42,851 shares (Direct, null)
Footnotes (1)
- Represents shares surrendered to cover withholding tax liability due upon vesting of restricted stock units. 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. As a result of this transaction, all restricted stock units granted on May 27, 2026 have vested. Total amount reported represents securities owned related solely to this particular grant or award. Reporting person owns a total of 27,348 restricted stock units as of this report.
Key Figures
RSUs vested: 14,171 units
Shares surrendered for taxes: 6,479 shares
Direct Class A holdings after transactions: 36,372 shares
+2 more
5 metrics
RSUs vested
14,171 units
Restricted Stock Units converting into Class A Common on June 30, 2026
Shares surrendered for taxes
6,479 shares
Shares withheld to cover tax liability upon RSU vesting
Direct Class A holdings after transactions
36,372 shares
Direct ownership following June 30, 2026 vesting and tax withholding
Outstanding restricted stock units
27,348 units
Total RSUs owned as of this report across awards
Tax-withholding price reference
$48.51 per share
Value used for 6,479-share tax-withholding disposition
Key Terms
Restricted Stock Units, Performance Stock Units, withholding tax liability, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Represents shares 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.
Performance Stock Units financial
"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."
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."
derivative security financial
"Exercise or conversion of 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.
Class A Common financial
"convert into Class A common stock on a one-for-one basis."
FAQ
What insider transactions did JOHN WILEY & SONS (WLY) report for Deirdre P. Silver?
Deirdre P. Silver reported the vesting of 14,171 Restricted Stock Units into Class A Common shares and the surrender of 6,479 shares to cover withholding taxes, with no open-market purchases or sales disclosed in this filing.
What was the size of the Restricted Stock Unit vesting reported by JOHN WILEY & SONS (WLY)?
The vesting involved 14,171 Restricted Stock Units converting into the same number of Class A Common shares. These units arose from a performance-based grant whose conditions were approved May 27, 2026 and scheduled to vest on June 30, 2026 under the company’s plan.
What do the footnotes reveal about Deirdre P. Silver’s equity awards at JOHN WILEY & SONS (WLY)?
Footnotes explain that performance stock units granted November 2, 2023 became Restricted Stock Units after financial targets were approved May 27, 2026, then vested June 30, 2026. They also state Silver owns 27,348 restricted stock units in total as of this report.