Form 4: John Wiley & Sons Director, David C. Dobson, Reports Acquisition of Phantom Stock Units

Director David C. Dobson reports acquiring additional Phantom Stock Units in John Wiley & Sons, Inc. due to a quarterly dividend.

Summary

• On October 24, 2024, David C. Dobson, a director of John Wiley & Sons, Inc., acquired 188 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 $49.37.
• Following the transaction, Dobson beneficially owns 26,520 Phantom Stock Units.
• These units are convertible to Class A Common stock upon separation of service from the Board.

Sentiment

Score: 7

Explanation: The document indicates a routine transaction related to director compensation, suggesting a neutral to slightly positive sentiment as it reflects continued alignment of 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 the director's separation of service from the Board.

Industry Context

Directors often receive stock-based compensation to align their interests with shareholders. Phantom stock units are a common form of deferred compensation.

Stakeholder Impact

• The transaction has a minor positive impact on stakeholders by aligning director interests with shareholder value.

Key Dates