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 and deferral under the company's Deferred Compensation Plan for Directors.

Summary

• Raymond W. McDaniel, a director of John Wiley & Sons, Inc., filed a Form 4 on April 28, 2025, reporting a transaction.
• The transaction involved the acquisition of 459 Phantom Stock Units on April 24, 2025, at a price of $43.63 per unit.
• These units were acquired as a result of a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
• McDaniel directly owns 57,324 Phantom Stock Units following the reported transaction.
• The Phantom Stock Units are convertible to Class A Common stock on a 1-for-1 basis and will settle upon separation of service from the Board.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and insider confidence in the company.

Positives

• The acquisition of Phantom Stock Units reflects McDaniel's continued investment in John Wiley & Sons, Inc.
• The Deferred Compensation Plan for Directors allows for the accumulation of shares over time.

Future Outlook

The Phantom Stock Units will settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of Phantom Stock Units by a director can signal confidence in the company's future performance to shareholders.

Key Dates

Keywords

Form 4, Phantom Stock Units, Director, Raymond W. McDaniel, John Wiley & Sons, Inc., WLY, WLYB, Deferred Compensation Plan