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

Director Inder M. Singh acquired 96 phantom stock units of John Wiley & Sons, Inc. due to a quarterly dividend.

Summary

• Inder M. Singh, a director at John Wiley & Sons, Inc., acquired 96 phantom stock units.
• These units were acquired as a result of a quarterly dividend.
• The transaction occurred on January 10, 2025, using the closing price of $42.1 per share.
• The phantom stock units are deferred under the company's Deferred Compensation Plan for Directors.
• The shares will settle in 100% John Wiley & Sons, Inc. Class A Common stock upon separation of service from the Board.
• Following this transaction, Mr. Singh beneficially owns 11,577 phantom stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to positively. There are no indications of any negative or concerning events.

Positives

• The acquisition of phantom stock units by a director demonstrates alignment with shareholder interests.
• The deferred compensation plan incentivizes long-term commitment from board members.

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 specific terms of the deferred compensation plan are typical for board members.

Stakeholder Impact

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

Key Dates

Keywords

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