Form 4: John Wiley & Sons Director Inder M Singh Reports Acquisition of Phantom Stock Units

Director Inder M Singh reports acquisition of Phantom Stock Units in John Wiley & Sons, Inc. due to dividend and deferred compensation plan.

Summary

• On July 25, 2024, Inder M Singh, a director of John Wiley & Sons, Inc., acquired 65 Phantom Stock Units.
• This acquisition is a result of a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
• The price of the derivative security is $46.68.
• Following the transaction, Singh directly owns 8,641 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 sentiment is neutral to slightly positive as it reflects standard compensation practices and alignment of director interests with the company's performance.

Future Outlook

The Phantom Stock Units will be settled in Class A Common stock upon separation from the Board.

Industry Context

This filing reflects standard executive compensation practices, including the use of deferred compensation plans and stock-based awards to align director interests with shareholder value.

Stakeholder Impact

• The acquisition of Phantom Stock Units aligns the director's interests with those of the shareholders.
• The deferred compensation plan may have implications for the company's long-term financial planning.

Key Dates