John Wiley & Sons (NYSE: WLY) director receives 462 phantom stock units
Rhea-AI Filing Summary
MCDANIEL RAYMOND W reported acquisition or exercise transactions in this Form 4 filing.
John Wiley & Sons, Inc. director Raymond W. McDaniel received a grant of 462 Phantom Stock Units on July 23, 2026, at a reference value of $48.72 per unit. The award reflects additional units from a quarterly dividend under the directors’ deferred compensation plan and increases his direct deferred holdings to 63,407 units, which are 1-for-1 settled in Class A Common stock upon separation 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 F1, F2 | 462 | $48.72 | $23K |
Holdings After Transaction:
Phantom Stock Units — 63,407 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 Units Granted: 462 Phantom Stock Units
Reference Value per Unit: $48.72 per unit
Total Phantom Units Held: 63,407 units
+1 more
4 metrics
Phantom Units Granted
462 Phantom Stock Units
Grant/award acquisition on July 23, 2026
Reference Value per Unit
$48.72 per unit
Transaction price per Phantom Stock Unit for this grant
Total Phantom Units Held
63,407 units
Director’s direct deferred holdings following the transaction
Conversion Ratio
1-for-1
Each Phantom Stock Unit settles into one Class A Common share
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, separation of service, Class A Common
4 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.
separation of service financial
"Shares settle upon separation of service from the Board"
Class A Common financial
"settle upon separation of service in 100% John Wiley & Sons, Inc. Class A Common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did John Wiley & Sons (WLY) report for Raymond W. McDaniel?
John Wiley & Sons reported that director Raymond W. McDaniel received 462 Phantom Stock Units on July 23, 2026. These units were credited under the directors’ deferred compensation plan and settle in Class A Common stock upon separation from the Board.
How many deferred Phantom Stock Units does the WLY director hold after this Form 4 transaction?
After the latest grant, director Raymond W. McDaniel holds 63,407 Phantom Stock Units. These units represent deferred compensation tied 1-for-1 to John Wiley & Sons Class A Common stock and are payable when he leaves the Board.
What is the value per Phantom Stock Unit in the WLY director’s recent award?
Each of the newly credited Phantom Stock Units carries a reference value of $48.72 per unit. The units track the value of John Wiley & Sons Class A Common stock and are part of the company’s Deferred Compensation Plan for Directors.
Why did Raymond W. McDaniel receive additional Phantom Stock Units at John Wiley & Sons (WLY)?
The 462 Phantom Stock Units represent additional units credited due to a quarterly dividend and deferred under the directors’ compensation plan. Instead of receiving cash, the director chose to defer value into phantom units linked to Class A Common stock.
How and when are the WLY Phantom Stock Units for the director settled?
The Phantom Stock Units are settled upon separation of service from the Board in 100% John Wiley & Sons Class A Common stock. Each unit converts on a 1-for-1 basis into a share of Class A Common at settlement.