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

Brian O. Hemphill, a director of John Wiley & Sons, Inc., acquired additional Phantom Stock Units as a result of a quarterly dividend and deferred compensation plan.

Summary

• On April 25, 2024, Brian O. Hemphill, a director of John Wiley & Sons, Inc., acquired 68 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 is $37.95.
• Following the transaction, Hemphill directly owns 7,446 Phantom Stock Units.
• These units are convertible to Class A Common stock upon separation of service from the Board.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider confidence.

Positives

• The acquisition of Phantom Stock Units reflects continued participation in the company's deferred compensation plan.

Future Outlook

The reporting person will receive distribution of their deferred compensation in accordance with their distribution election in either a lump sum or in ratable installments over a period not to exceed 10 years upon separation of service from the Board.

Industry Context

This filing is a routine disclosure related to insider transactions and deferred compensation plans, common in publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it relates to director compensation.

Key Dates