Form 4: Raymond W. McDaniel Reports Acquisition of Phantom Stock Units in John Wiley & Sons, Inc.

Director Raymond W. McDaniel reports acquiring additional Phantom Stock Units in John Wiley & Sons, Inc. due to a quarterly dividend.

Summary

• Raymond W. McDaniel, a director of John Wiley & Sons, Inc., reported acquiring 400 Phantom Stock Units on October 24, 2024.
• The 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 phantom stock units was $49.37.
• Following the transaction, McDaniel beneficially owns 56,393 Phantom Stock Units.
• These units are convertible to Class A Common stock upon separation of service from the Board.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative performance or concerns.

Positives

• The acquisition of Phantom Stock Units indicates continued alignment of the director's interests with the company's performance.
• The dividend reinvestment through the Deferred Compensation Plan for Directors suggests a long-term commitment.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to executive compensation and aligns with standard practices for publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director compensation with company performance.

Key Dates