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

Sentiment:

SEC Form 4 Filing


Director Inder M. Singh acquired additional Phantom Stock Units in John Wiley & Sons, Inc. due to a quarterly dividend and deferred compensation plan.

Summary

  • On October 24, 2024, Inder M. Singh, a director of John Wiley & Sons, Inc., acquired 81 Phantom Stock Units.
  • The acquisition was a result of a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
  • The price of the derivative security was $49.37.
  • Following the transaction, Singh directly owns 11,481 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 a director's continued investment in the company through a standard compensation mechanism.

Future Outlook

The Phantom Stock Units will be settled in John Wiley & Sons, Inc. 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 holdings in the company's stock.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders as it involves internal compensation arrangements for a director.

Key Dates

DateDescription
10/24/2024Date of transaction: Inder M. Singh acquired 81 Phantom Stock Units.
10/28/2024Date of signature on the Form 4 filing.

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