Form 4: Director Singh Increases Holdings in John Wiley & Sons Through Dividend Reinvestment

Director Inder M. Singh acquired additional phantom stock units in John Wiley & Sons through a dividend reinvestment under the company's deferred compensation plan.

Summary

• On April 25, 2024, Inder M. Singh, a director of John Wiley & Sons, Inc., acquired 78 phantom stock units.
• This 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 phantom stock units was $37.95.
• Following the transaction, Singh directly owns 8,576 phantom stock units.
• These units will be settled in Class A Common stock upon separation of service from the Board.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's increased holdings reflect confidence in the company, but the transaction is part of a pre-existing compensation plan and doesn't necessarily indicate a major shift in outlook.

Positives

• The acquisition of phantom stock units demonstrates the director's continued investment in the company.
• The dividend reinvestment plan allows directors to increase their stake in the company over time.

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 Form 4 filing is a routine disclosure related to insider transactions and is common among publicly traded companies. It provides transparency into the actions of company directors and officers.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves phantom stock units and a deferred compensation plan.

Key Dates