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

Karen N. Madden, a director of John Wiley & Sons, Inc., acquired additional phantom stock units as a result of a quarterly dividend.

Summary

• On April 24, 2025, Karen N. Madden, a director of John Wiley & Sons, Inc., acquired 15 phantom stock units.
• This acquisition was due to a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
• The price of the derivative security was $43.63.
• Following the transaction, Madden directly owns 1,890 phantom stock units.
• These shares will settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests.

Positives

• The acquisition of phantom stock units reflects continued alignment of the director's interests with the company's performance.

Future Outlook

The phantom stock units will be settled in Class A Common stock upon separation from the Board.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

phantom stock units, director, Form 4, dividend, John Wiley & Sons, WLY, WLYB, deferred compensation