Form 4: John Wiley & Sons Director Acquires Phantom Stock Units
SEC Form 4 Filing
Director David C. Dobson acquired additional phantom stock units in John Wiley & Sons, Inc. due to a quarterly dividend.
Summary
- On April 24, 2025, David C. Dobson, a director of John Wiley & Sons, Inc., acquired 216 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 phantom stock units was $43.63.
- Following the transaction, Dobson beneficially owns 26,959 phantom stock units.
- These shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and ongoing governance structure. The sentiment is neutral to slightly positive as it shows alignment of interests.
Positives
- The acquisition of phantom stock units reflects continued alignment of the director's interests with the company's performance.
- The deferred compensation plan allows directors to benefit from the company's success over time.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This filing is a routine disclosure related to insider transactions and deferred compensation plans, common in publicly traded companies to align director and shareholder interests.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning director interests with company performance.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of phantom stock units. |
| 04/28/2025 | Date of signature on the Form 4 filing. |
Keywords
phantom stock units, director, John Wiley & Sons, WLY, WLYB, dividend, deferred compensation, Form 4, beneficial ownership
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