Director Singh adds 132 phantom units in John Wiley (NYSE: WLY)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Singh Inder M reported acquisition or exercise transactions in this Form 4 filing.
JOHN WILEY & SONS, INC. director Inder M. Singh received a grant of 132 Phantom Stock Units on April 23, 2026, credited at $41.32 per unit. These units track the value of Class A Common on a 1-for-1 basis.
The award arose from a quarterly dividend that was deferred under the company’s Deferred Compensation Plan for Directors. Following this credit, Singh holds a total of 15,501 Phantom Stock Units, which are scheduled to settle in shares of Class A Common stock upon his separation from the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Inder M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 132 | $41.32 | $5K |
Holdings After Transaction:
Phantom Stock Units — 15,501 shares (Direct, null)
Footnotes (1)
- 1-for-1. Represents additional Phantom Stock Units as a result of a quarterly dividend and deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors (the "Plan"). Shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock.
Key Figures
Phantom units granted: 132 units
Deemed price per unit: $41.32 per unit
Total phantom units after grant: 15,501 units
+1 more
4 metrics
Phantom units granted
132 units
Grant on April 23, 2026 from quarterly dividend
Deemed price per unit
$41.32 per unit
Value used for 132 Phantom Stock Units credit
Total phantom units after grant
15,501 units
Phantom Stock Units held by Inder M. Singh after transaction
Conversion ratio
1-for-1
Each Phantom Stock Unit corresponds to one Class A Common share
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, Class A Common
3 terms
Phantom Stock Units financial
"Represents additional Phantom Stock Units as a result of a quarterly dividend"
Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.
Deferred Compensation Plan for Directors financial
"deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors"
A deferred compensation plan for directors is an arrangement that lets board members postpone receiving part of their pay until a later date—often retirement or a set future time—so the money can grow or be paid under specified conditions. Think of it like directing a portion of your paycheck into a locked savings account that pays out later; investors care because it creates future cash or stock obligations, signals how the company motivates and retains leadership, and can affect shareholder value through timing of payouts or potential dilution.
Class A Common financial
"Shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock"
FAQ
What did Inder M. Singh report in this John Wiley (WLY) Form 4?
Inder M. Singh reported receiving 132 Phantom Stock Units credited at $41.32 each. The units were added under John Wiley & Sons’ Deferred Compensation Plan for Directors, increasing his total phantom unit balance to 15,501 tied to Class A Common shares.
Is the Inder M. Singh Form 4 for WLY a market trade or compensation grant?
The Form 4 reflects a compensation-related grant, not a market trade. Singh received 132 Phantom Stock Units from a quarterly dividend under Wiley’s Deferred Compensation Plan for Directors, which will later settle in Class A Common stock upon Board service separation.
How many Phantom Stock Units does Inder M. Singh now hold in John Wiley (WLY)?
After the latest credit, Inder M. Singh holds 15,501 Phantom Stock Units. These units mirror the value of John Wiley’s Class A Common stock on a 1-for-1 basis and are scheduled to settle in actual shares when he leaves the Board.
What triggers settlement of Inder M. Singh’s Phantom Stock Units at John Wiley (WLY)?
The Phantom Stock Units settle upon Singh’s separation from the Board. At that time, the units will be delivered in 100% John Wiley & Sons, Inc. Class A Common stock, providing deferred share-based compensation for his director service.
How were the 132 new Phantom Stock Units for WLY’s Inder M. Singh generated?
The 132 Phantom Stock Units resulted from a quarterly dividend credited under the Deferred Compensation Plan for Directors. Instead of receiving cash, Singh deferred the value into additional phantom units that mirror John Wiley’s Class A Common stock price performance.