Albright Craig Morrow 4

What Happened

• Craig Albright, Chief Financial Officer of John Wiley & Sons, Inc. (WLY), was granted 16,121 restricted stock units (RSUs) reported as a derivative award on 2026-05-27. The reported acquisition price is $0.00 (award). These RSUs were converted from previously granted Performance Stock Units (PSUs) after performance conditions were approved and are scheduled to vest on June 30, 2028. RSUs convert into Class A common stock on a one-for-one basis and are subject to forfeiture until vested.

Key Details

• Transaction date (performance approval/conversion): 2026-05-27; original PSU grant date: 2025-06-26.
• Transaction type/code: Award/Grant (A); reported acquisition price $0.00 (derivative award).
• Vesting: RSUs scheduled to vest on 2028-06-30; subject to forfeiture until vested.
• Conversion ratio: 1-for-1 conversion of RSUs to Class A common stock (footnote F1).
• Filing: Form 4 filed 2026-05-28 for the period ending 2026-05-27 — filing appears timely.
• Shares owned after the transaction: not specified in the provided filing details.

Context

• This was an equity award conversion (PSUs → RSUs), not an open-market purchase or sale. Such grants are a common element of executive compensation tied to performance and/or service; they do not represent an immediate market buy or sell and their ultimate value depends on future vesting and Wiley’s stock price at conversion/settlement.