Form 4: John Wiley & Sons Director George Bell Acquires Phantom Stock Units

Director George Bell acquired additional Phantom Stock Units in John Wiley & Sons, Inc. due to a quarterly dividend.

Summary

• On July 25, 2024, George Bell, a director of John Wiley & Sons, Inc., acquired 242 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 $46.68.
• Following the transaction, Bell beneficially owns 32,348 Phantom Stock Units.
• These units will settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.

Sentiment

Score: 7

Explanation: The document indicates a routine transaction related to director compensation, suggesting a neutral to slightly positive sentiment as it reflects ongoing commitment.

Positives

• The acquisition of Phantom Stock Units reflects continued alignment of the director's interests with the company's performance.
• The Deferred Compensation Plan for Directors allows for tax-efficient accumulation of company stock.

Industry Context

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

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates