Wiley (NYSE: WLY) director awarded 174 phantom stock units via dividend
Rhea-AI Filing Summary
John Wiley & Sons, Inc. director Inder M. Singh acquired 174 Phantom Stock Units on January 15, 2026. These units were credited at a price of $31.01 each as a result of a quarterly dividend under the company’s Deferred Compensation Plan for Directors.
Each Phantom Stock Unit is convertible on a 1‑for‑1 basis into John Wiley & Sons Class A Common stock. After this credit, Singh beneficially owns a total of 15,369 Phantom Stock Units, held directly. Under the plan, these units are scheduled to settle in 100% Class A Common stock upon his separation from service on the Board.
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FAQ
What insider transaction did WLY disclose for director Inder M. Singh?
WLY disclosed that director Inder M. Singh was credited with 174 Phantom Stock Units on January 15, 2026, reported as an acquisition transaction code "A".
At what price were the 174 Phantom Stock Units recorded for WLY?
The 174 Phantom Stock Units were recorded at a reference price of $31.01 per unit.
How many Phantom Stock Units does the WLY director own after this transaction?
Following this transaction, director Inder M. Singh beneficially owns 15,369 Phantom Stock Units related to John Wiley & Sons, Inc.
What do the Phantom Stock Units for WLY convert into and at what ratio?
Each Phantom Stock Unit converts into one share of John Wiley & Sons, Inc. Class A Common stock, on a 1-for-1 basis.
When will the Phantom Stock Units for WLY settle into Class A Common stock?
The Phantom Stock Units are scheduled to settle upon the director’s separation from service on the Board, in 100% Class A Common stock.
Why did the WLY director receive additional Phantom Stock Units in this Form 4?
The additional 174 Phantom Stock Units represent a credit resulting from a quarterly dividend under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors.