Form 4: John Wiley & Sons Director Increases Equity Stake Through Dividend Reinvestment

John Wiley & Sons Director Katherine Dunn Andresen acquired 7 additional phantom stock units through a quarterly dividend reinvestment, increasing her total beneficial ownership to 784 units.

Summary

• Director Katherine Dunn Andresen acquired 7 Phantom Stock Units on July 24, 2025.
• The acquisition resulted from a quarterly dividend and was deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
• Each Phantom Stock Unit is convertible on a 1-for-1 basis into John Wiley & Sons, Inc. Class A Common stock.
• The price of the derivative security at the time of acquisition was $39.43 per unit.
• Following this transaction, Katherine Dunn Andresen beneficially owns a total of 784 Phantom Stock Units.
• These units are set to settle in Class A Common stock upon her separation of service from the Board.

Sentiment

Score: 6

Explanation: The acquisition of phantom stock units by a director, even through a dividend reinvestment plan, indicates continued alignment of interests with shareholders and participation in the company's long-term compensation structure.

Positives

• Director Katherine Dunn Andresen increased her beneficial ownership of John Wiley & Sons, Inc. through the acquisition of 7 additional Phantom Stock Units.
• The acquisition of units via dividend reinvestment indicates a director's continued participation in the company's compensation plan and alignment with shareholder interests.

Negatives

• No negative information was disclosed in this filing.

Risks

• No specific risks were detailed in this filing, as it primarily reports an insider transaction.

Future Outlook

This Form 4 filing primarily reports an insider transaction and does not contain forward-looking statements or guidance.

Management Comments

• No direct management comments or quotes were provided in this Form 4 filing.

Industry Context

This filing reports an individual director's equity compensation activity and does not provide broader industry context or trends.

Comparison to Industry Standards

• This Form 4 filing details an individual director's compensation and does not provide information for comparison to industry standards or specific comparable companies/projects.

Corporate Governance

Stakeholder Impact

• Shareholders: The acquisition of additional equity-linked units by a director through a dividend reinvestment plan demonstrates continued alignment of management interests with shareholder value.

Next Steps

• No specific future actions, events, or milestones were mentioned in this filing beyond the settlement of units upon separation of service.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of phantom stock units by a director through a dividend reinvestment plan, which is a standard compensation event and does not indicate a significant change in the company's fundamental outlook or warrant a change in investment strategy. It primarily signifies continued alignment of the director's interests with the company's long-term performance.

Keywords

John Wiley & Sons, WLY, WLYB, Director, Insider Transaction, Phantom Stock Units, Dividend Reinvestment, Compensation Plan, Corporate Governance