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

Director Brian O. Hemphill acquired 87 phantom stock units of John Wiley & Sons, Inc. due to a quarterly dividend.

Summary

• Brian O. Hemphill, a director at John Wiley & Sons, Inc., acquired 87 phantom stock units.
• These units were acquired as a result of a quarterly dividend.
• The acquisition occurred on January 10, 2025, using the closing price of $42.1 per share of the company's Class A Common Stock from the previous day.
• The phantom stock units are deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
• The shares will settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.
• Following this transaction, Mr. Hemphill beneficially owns 10,420 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with the company's performance.

Positives

• The acquisition of phantom stock units indicates continued alignment of interests between the director and the company.
• The deferred compensation plan incentivizes long-term commitment from the director.

Industry Context

This is a routine filing related to director compensation and is not indicative of any broader industry trends.

Comparison to Industry Standards

• Director compensation through phantom stock units is a common practice among publicly traded companies.
• The use of deferred compensation plans is also a standard method to align director interests with long-term shareholder value.
• The specific terms of the plan, such as the vesting schedule and settlement upon separation, are typical for such arrangements.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with the company's long-term performance.

Key Dates

Keywords

phantom stock units, director, deferred compensation, dividend, John Wiley & Sons, WLY, WLYB, insider trading, form 4