Form 4: Wiley Director David C. Dobson Sells 10,000 Class A Common Shares
SEC Form 4 Filing
Director David C. Dobson sold 10,000 shares of John Wiley & Sons, Inc. Class A Common stock at an average price of $39.764 on June 17, 2024.
Summary
- On June 17, 2024, David C. Dobson, a director of John Wiley & Sons, Inc., sold 10,000 shares of Class A Common stock.
- The sale was executed at a weighted average price of $39.764 per share.
- The prices for individual transactions ranged from $39.64 to $39.86 per share.
- Following the transaction, Dobson directly owns 3,390 shares of Class A Common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It doesn't indicate positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company insiders, allowing investors to monitor potential shifts in sentiment or alignment with company performance.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, potentially signaling a lack of confidence in the company's future performance, although this is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 06/17/2024 | Date of transaction: Sale of 10,000 shares of Class A Common stock. |
| 06/20/2024 | Date of signature by Attorney-In-Fact. |
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