Form 4: Director Baker Increases Holdings in John Wiley & Sons Through Dividend Reinvestment
SEC Form 4 Filing
Director Mari Jean Baker acquired additional phantom stock units in John Wiley & Sons through a dividend reinvestment under the company's deferred compensation plan.
Summary
- On April 24, 2025, Mari Jean Baker, a director of John Wiley & Sons, Inc., acquired 301 phantom stock units as a result of a quarterly dividend reinvestment.
- These units were acquired under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
- The price per unit was $43.63.
- Following the transaction, Baker directly owns 37,528 phantom stock units.
- These units will be settled in Class A Common stock upon separation of service from the Board.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. The director's increased holdings suggest confidence in the company, but it's a routine transaction related to a compensation plan.
Positives
- The acquisition of phantom stock units through dividend reinvestment demonstrates the director's continued investment and confidence in the company's future.
Future Outlook
The phantom stock units will be settled in Class A Common stock upon separation of service from the Board.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their investment decisions.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to director compensation and does not involve a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of phantom stock units. |
| 04/28/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Director, Mari Jean Baker, John Wiley & Sons, WLY, WLYB, Phantom Stock Units, Dividend Reinvestment, Deferred Compensation Plan, Class A Common Stock
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