Form 4: Director Inder M. Singh Increases Wiley Phantom Stock

Director Inder M. Singh acquired 132 phantom stock units in John Wiley & Sons, Inc. via a dividend reinvestment plan.

Summary

• Director Inder M. Singh acquired 132 phantom stock units on April 23, 2026.
• The acquisition was made at a price of $41.32 per unit.
• These units represent dividend equivalents deferred under the company's Deferred Compensation Plan for Directors.
• The total number of phantom stock units held by the director following this transaction is 15,501.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative transaction related to director compensation and dividend reinvestment, having no material impact on company strategy or outlook.

Positives

• Director demonstrates continued alignment with company performance through dividend reinvestment.

Negatives

• None identified.

Risks

• Phantom stock value is directly tied to the future performance of John Wiley & Sons, Inc. Class A Common stock.

Future Outlook

The phantom stock units will settle in Class A Common stock upon the director's separation of service from the Board.

Industry Context

StockSavvy.ai notes that director participation in deferred compensation plans via dividend reinvestment is a standard corporate governance practice, signaling long-term commitment to the issuer's equity performance.

Comparison to Industry Standards

• The transaction aligns with standard executive and director compensation practices for publicly traded companies in the publishing and education technology sectors.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine compensation-related transaction.

Next Steps

• Settlement of phantom stock units upon the director's future separation from the Board.

Key Dates

Keywords

John Wiley & Sons, WLY, Insider Trading, Form 4, Phantom Stock, Director Compensation