Flynn Jay 4

What Happened
Jay Flynn, EVP & GM, Research & Learning at John Wiley & Sons (WLY), had restricted stock units (RSUs) vest on April 30, 2026. Four tranches converted (1,557; 3,329; 3,253; 3,084) for a total of 11,223 shares (exercise/conversion reported at $0.00). To satisfy withholding tax, Flynn surrendered 5,470 of those shares at $40.93 per share, generating $223,887. The remaining 5,753 vested shares were retained.

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026.
• Conversion (code M): 1,557 + 3,329 + 3,253 + 3,084 = 11,223 shares converted from RSUs at $0.00.
• Tax withholding (code F): 5,470 shares surrendered at $40.93 = $223,887. Footnote F1 confirms shares were surrendered to cover withholding tax.
• Ownership after transaction: reporting person owns a total of 19,089 restricted stock units as of this report (per footnote F6). Net newly retained shares from this vesting: 5,753.
• Notable footnotes: grants referenced from June 22, 2022 (F3, F4), June 23, 2023 (F5), June 26, 2024 (F7), and June 25, 2025 (F8); F4 notes the 2022 grant fully vested as a result of this transaction.
• Filing timeliness: Form 4 was filed May 4, 2026 for the Apr 30 transaction (no late filing indicated in the report).

Context

• This was a routine RSU vesting and tax-withholding event, not an open-market sale. Code M indicates conversion/exercise of derivatives (here, RSUs); code F indicates shares used to satisfy tax withholding.
• Tax-withholding surrenders are common and do not necessarily signal insider sentiment about the stock. Purchases (P) are generally more informative of bullish insider views.