Form 4: Wiley Director David C. Dobson Sells Class A Common Stock for Estate Planning

Sentiment:

SEC Form 4 Filing


Director David C. Dobson sold 2,041 shares of John Wiley & Sons, Inc. Class A Common stock at $46 per share and 1,349 shares at a weighted average price of $46.0087 for estate planning purposes.

Summary

  • On March 10, 2025, David C. Dobson, a director of John Wiley & Sons, Inc., sold 2,041 shares of Class A Common stock at $46 per share.
  • On March 11, 2025, Dobson sold an additional 1,349 shares of Class A Common stock at a weighted average price of $46.0087.
  • The sales were conducted for estate planning purposes.
  • Following these transactions, Dobson directly owns 1,349 shares of Class A Common stock.
  • Dobson also holds 26,742 Phantom Stock Units, which are convertible to Class A Common stock on a 1-for-1 basis upon separation of service from the Board.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock sales by a director. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This filing reflects insider trading activity, which is a common occurrence in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders, depending on the overall market perception of the transaction.

Key Dates

DateDescription
03/10/2025Dobson sold 2,041 shares of Class A Common stock at $46 per share.
03/11/2025Dobson sold 1,349 shares of Class A Common stock at a weighted average price of $46.0087.
03/12/2025Date of signature by Attorney-In-Fact.

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