Wiley (NYSE: WLY) director gets 706 phantom stock units grant award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
John Wiley & Sons, Inc. director Raymond W. McDaniel reported an annual equity grant in the form of 706 Phantom Stock Units on 01/15/2026. The units were recorded at a price of $31.01 per unit, bringing his total directly held derivative securities to 62,409 Phantom Stock Units after the transaction.
The award is issued under the John Wiley and Sons, Inc. 2022 Omnibus Stock and Long-Term Incentive Plan on a 1-for-1 basis into Class A Common stock. These units vest on the earliest of the day before the next annual meeting, the director’s death or disability, or a change in control event, and are settled in 100% Class A Common stock upon retirement from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCDANIEL RAYMOND W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 706 | $31.01 | $22K |
Holdings After Transaction:
Phantom Stock Units — 62,409 shares (Direct)
Footnotes (1)
- 1-for-1. Annual director stock award issued pursuant to the John Wiley and Sons, Inc. 2022 Omnibus Stock and Long-Term Incentive Plan. Such shares will vest on the earliest of (i) the day before the next Annual Meeting, (ii) the director's death/disability, or (iii) a change in control event. Shares settled upon retirement from the Board in 100% of John Wiley & Sons, Inc. Class A Common stock.
FAQ
What insider transaction did John Wiley & Sons (WLY) report on this Form 4?
The filing reports that director Raymond W. McDaniel received an award of 706 Phantom Stock Units on 01/15/2026 as part of his director compensation.
What is the value per unit and total derivative holdings reported for WLY director Raymond W. McDaniel?
Each Phantom Stock Unit was recorded at $31.01 per unit, and McDaniel held a total of 62,409 Phantom Stock Units directly following the reported award.
How do the Phantom Stock Units for John Wiley & Sons (WLY) convert into common stock?
The Phantom Stock Units are on a 1-for-1 basis into John Wiley & Sons, Inc. Class A Common stock, as described in the filing footnotes.
Under what plan was the director stock award for WLY granted?
The 706 Phantom Stock Units were granted under the John Wiley and Sons, Inc. 2022 Omnibus Stock and Long-Term Incentive Plan as an annual director stock award.
What are the vesting conditions for the WLY director’s Phantom Stock Units?
The units vest on the earliest of the day before the next Annual Meeting, the director’s death or disability, or a change in control event, and are settled upon retirement from the Board in Class A Common stock.
Is the reported WLY Phantom Stock Unit holding direct or indirect?
The Form 4 indicates that the 62,409 Phantom Stock Units are held with direct (D) ownership by the reporting person.