Form 4: Wiley Director David C. Dobson Sells Class A Common Stock for Estate Planning
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
| Date | Description |
|---|---|
| 03/10/2025 | Dobson sold 2,041 shares of Class A Common stock at $46 per share. |
| 03/11/2025 | Dobson sold 1,349 shares of Class A Common stock at a weighted average price of $46.0087. |
| 03/12/2025 | Date of signature by Attorney-In-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.