Weber Andrew 4

What Happened

• Andrew Weber, EVP, Technology & Operations at John Wiley & Sons (WLY), had 4,627 restricted stock units (RSUs convert 1-for-1 to Class A shares) vest and convert into 4,627 shares on April 30, 2026.
• To satisfy tax withholding, 2,603 shares were withheld at an effective price of $40.93, generating $106,541 in tax withholding. After withholding, 2,024 shares were delivered to Weber. Transaction codes: M = exercise/conversion of derivative (RSU vesting); F = payment of tax liability (share withholding).

Key Details

• Transaction date: April 30, 2026; Form 4 filed May 4, 2026 (timely).
• Vested/converted: 4,627 shares (604 + 884 + 1,132 + 2,007).
• Shares withheld for taxes: 2,603 at $40.93 = $106,541. Net shares issued to insider: 2,024.
• RSU conversion rate: 1-for-1 into Class A common stock (footnote F7).
• Reporting person owns a total of 10,982 restricted stock units as of this report (per filing footnote).
• Transaction types: M (exercise/conversion of derivative) and F (payment of tax liability/withholding).

Context

• This was not an open-market sale or purchase; it was routine vesting of RSUs and share withholding to cover taxes (common practice).
• The withholding is effectively a cashless settlement of tax obligations and does not necessarily indicate a change in insider sentiment.
• No 10b5-1 plan or late-filing indication is disclosed in the form.