Form 4: Director Bell Acquires Phantom Stock Units in John Wiley & Sons, Inc.

Sentiment:

SEC Form 4


Director George Bell acquired 253 phantom stock units in John Wiley & Sons, Inc. due to a quarterly dividend and deferred compensation plan.

Summary

  • On October 24, 2024, George Bell, a director of John Wiley & Sons, Inc., acquired 253 phantom stock units.
  • The acquisition is a result of a quarterly dividend and is deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
  • The price of the derivative security was $49.37.
  • Following the transaction, Bell beneficially owns 35,718 derivative securities.
  • The shares will settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, suggesting a neutral to slightly positive sentiment as it indicates ongoing director investment in the company.

Positives

  • The acquisition of phantom stock units indicates continued alignment of the director's interests with the company's performance.

Future Outlook

The shares will settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

DateDescription
10/24/2024Date of transaction: George Bell acquired 253 phantom stock units.
10/28/2024Date of signature by Attorney-In-Fact.

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