Albright Craig Morrow 4
Research Summary
AI-generated summary
John Wiley (WLY) CFO Craig Albright Receives Equity Awards
What Happened
- Craig M. Albright, Chief Financial Officer of John Wiley & Sons, was granted equity awards on June 25, 2026: 12,752 restricted stock units (RSUs) and 20,000 non‑qualified stock options. The reported acquisition amounts are $0.00 (derivative awards); the options carry a strike/premium price of $50.12. Both awards are subject to the terms of the grants and potential forfeiture.
Key Details
- Transaction date: 2026-06-25; Form 4 filed 2026-06-26 (timely).
- Awards reported: 12,752 RSUs; 20,000 non‑qualified stock options (strike $50.12).
- RSU vesting: 4 equal annual installments, beginning April 30 following the grant (per footnote).
- Option vesting: 10% on 6/30/2027; 20% on 6/30/2028; 30% on 6/30/2029; 40% on 6/30/2030 (subject to forfeiture).
- Considered derivative compensation grants (code A). No sale or open‑market purchase reported.
- Shares owned after the transaction are not disclosed in the information provided.
Context
- These are compensation awards (routine grants) rather than purchases or sales; RSUs convert to shares only as they vest, and options require exercise at the stated strike price to become shares. Such grants are commonly part of executive pay and do not by themselves indicate buying or selling sentiment.