Caridi Christopher 4
4 · JOHN WILEY & SONS, INC. · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
John Wiley (WLY) SVP Christopher Caridi Receives Equity Awards
What Happened Christopher Caridi, Senior Vice President and Chief Accounting Officer of John Wiley & Sons (WLY), received equity awards reported as derivative grants on 2026-05-27. The filing shows two awards totaling 7,617 restricted stock units (RSUs) — 3,298 RSUs and 4,319 RSUs — recorded at $0.00 in the Form 4 (code A, award/grant). These awards were PSUs that had their performance conditions approved on 2026-05-27 and were converted into RSUs that convert one-for-one into Class A common stock upon vesting.
Key Details
- Transaction date: 2026-05-27; Form 4 filed 2026-05-28 (timely filing).
- Award details: 3,298 RSUs and 4,319 RSUs; total = 7,617 RSUs; reported value $0.00 (derivative award reporting).
- Vesting schedule per footnotes:
- 4,319 RSUs (from June 25, 2025 PSU grant) vest on June 30, 2028 after performance approval.
- 3,298 RSUs (from Nov 2, 2023 PSU grant) vest on June 30, 2026 after performance approval.
- Conversion: RSUs convert to Class A common stock on a 1-for-1 basis and are subject to forfeiture until vested (footnotes F1–F3).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Transaction type: Award/Grant (derivative); not a purchase or sale.
Context These were performance-based PSUs that became RSUs once the company approved the performance results on May 27, 2026. RSUs are not immediately tradable shares — they only convert to common stock if and when they vest; therefore this is an equity compensation action, not an open-market purchase or sale. For retail investors, such awards are routine executive compensation and do not by themselves indicate a buy or sell signal.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-05-27+3,298→ 3,298 total→ Class A Common (3,298 underlying) - Award
Restricted Stock Units
[F1][F3]2026-05-27+4,319→ 4,319 total→ Class A Common (4,319 underlying)
Footnotes (3)
- [F1]1-for-1
- [F2]On June 25, 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.
- [F3]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.