John Wiley & Sons (NYSE: WLY) director awarded phantom stock units
Rhea-AI Filing Summary
Baker Mari Jean reported acquisition or exercise transactions in this Form 4 filing.
John Wiley & Sons director Mari Jean Baker received a grant of 311 Phantom Stock Units on July 23, 2026 at $48.72 per unit, credited as dividend equivalents under the Deferred Compensation Plan for Directors. Each unit is 1-for-1 tied to Class A Common and settles in shares upon separation from the board, bringing her reported phantom holdings to 42,684 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Baker Mari Jean
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 311 | $48.72 | $15K |
Holdings After Transaction:
Phantom Stock Units — 42,684 shares (Direct)
Footnotes (2)
- F1. 1-for-1.
- F2. 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 Stock Units granted: 311 units
Grant price: $48.72 per unit
Phantom Stock Units after grant: 42,684 units
3 metrics
Phantom Stock Units granted
311 units
Grant to director Mari Jean Baker on July 23, 2026
Grant price
$48.72 per unit
Value used for the 311 Phantom Stock Units award
Phantom Stock Units after grant
42,684 units
Total phantom units reported as directly owned after the transaction
Key Terms
Phantom Stock Units, Deferred Compensation Plan, separation of service
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 financial
"Deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors"
A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.
separation of service financial
"Shares settle upon separation of service from the Board in 100% Class A Common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did WLY director Mari Jean Baker report?
Mari Jean Baker reported a grant of 311 Phantom Stock Units on July 23, 2026 at $48.72 per unit. The award was credited as dividend equivalents under John Wiley & Sons’ Deferred Compensation Plan for Directors and increases her reported phantom unit balance to 42,684.
How many Phantom Stock Units did WLY grant to Mari Jean Baker and at what value?
She was granted 311 Phantom Stock Units valued at $48.72 per unit. These units track the value of John Wiley & Sons Class A Common stock and were added as dividend equivalents under the company’s director deferred compensation program.
What are Phantom Stock Units in John Wiley & Sons (WLY)’s director plan?
Phantom Stock Units are bookkeeping units tied 1-for-1 to Class A Common stock, credited instead of cash. Under Wiley’s director deferred compensation plan, they accumulate from fees or dividends and later settle in actual Class A shares rather than cash.
How many Phantom Stock Units does Mari Jean Baker hold at WLY after this grant?
After the reported grant, she holds 42,684 Phantom Stock Units in total. This figure reflects her directly owned phantom balance as reported in the Form 4 following the addition of 311 units credited as dividend equivalents.
Was the WLY Form 4 transaction reported under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, indicating this phantom stock unit grant was not reported as executed under a pre-arranged 10b5-1 trading plan but as part of director compensation and dividend equivalents.