Wiley (NYSE: WLY) director gains 476 phantom stock units via dividend
Rhea-AI Filing Summary
John Wiley & Sons, Inc. director Mari Jean Baker reported an automatic increase in deferred compensation tied to company stock. On January 15, 2026, she acquired 476 Phantom Stock Units at a reference price of $31.01 per unit, reflecting a quarterly dividend credited under the company’s Deferred Compensation Plan for Directors. Following this transaction, she beneficially owned 42,012 Phantom Stock Units. Each unit is exchangeable on a 1-for-1 basis into Class A common stock, with shares delivered after she separates from service on the Board.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 476 | $31.01 | $15K |
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.
FAQ
What insider transaction did WLY director Mari Jean Baker report?
Director Mari Jean Baker reported acquiring 476 Phantom Stock Units of John Wiley & Sons, Inc. on January 15, 2026, shown as an acquisition under code A.
How many Wiley Phantom Stock Units does Mari Jean Baker now hold?
After the reported transaction, Mari Jean Baker beneficially owned 42,012 Phantom Stock Units tied to John Wiley & Sons, Inc. equity.
What are the terms of the Phantom Stock Units reported for WLY?
The Phantom Stock Units are credited on a 1-for-1 basis and settle in John Wiley & Sons, Inc. Class A Common stock when the director separates from service on the Board.
Why did Mari Jean Baker receive additional Phantom Stock Units at Wiley (WLY)?
The filing states the 476 Phantom Stock Units represent additional units from a quarterly dividend deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.
Is the Wiley insider transaction a direct or indirect holding?
The 42,012 Phantom Stock Units are reported as held with direct (D) beneficial ownership by director Mari Jean Baker.
At what reference price were the new Wiley Phantom Stock Units recorded?
The 476 Phantom Stock Units were recorded at a reference price of $31.01 per unit, as disclosed in the derivative securities table.