John Wiley & Sons (WLY) director receives 39 phantom units
Rhea-AI Filing Summary
Madden Karen N reported acquisition or exercise transactions in this Form 4 filing.
John Wiley & Sons, Inc. director Karen N. Madden received a grant of 39 Phantom Stock Units on July 23, 2026 at a reference value of $48.72 per unit. The additional units reflect quarterly dividend equivalents deferred under the company’s Deferred Compensation Plan for Directors and are credited 1-for-1 in Class A Common stock, settling when she separates from the board. Following this grant, she directly holds 5,376 Phantom Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Madden Karen N
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units F1, F2 | 39 | $48.72 | $2K |
Holdings After Transaction:
Phantom Stock Units — 5,376 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: 39 units
Reference value per Phantom Stock Unit: $48.72 per unit
Total Phantom Stock Units after grant: 5,376 units
+2 more
5 metrics
Phantom Stock Units granted
39 units
Grant to director Karen N. Madden on July 23, 2026
Reference value per Phantom Stock Unit
$48.72 per unit
Value assigned to the 39 Phantom Stock Units granted
Total Phantom Stock Units after grant
5,376 units
Director Karen N. Madden’s holdings following the July 23, 2026 grant
Conversion ratio
1-for-1
Each Phantom Stock Unit corresponds to one share of Class A Common stock
Underlying Class A Common shares
39 shares
Underlying security shares for the 39 Phantom Stock Units granted
Key Terms
Phantom Stock Units, Deferred Compensation Plan for Directors, separation of service from the Board
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.
separation of service from the Board 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 John Wiley & Sons (WLY) report for director Karen Madden?
Director Karen N. Madden was credited with 39 Phantom Stock Units on July 23, 2026. The units stem from quarterly dividend equivalents under Wiley’s Deferred Compensation Plan for Directors and increase her total phantom holdings to 5,376 units, settled in Class A Common stock at board separation.
At what value were Karen Madden’s new phantom stock units recorded at John Wiley (WLY)?
The 39 Phantom Stock Units granted to Karen Madden were recorded at $48.72 per unit. This figure represents a reference value for the deferred units, which mirror John Wiley & Sons, Inc. Class A Common stock on a 1-for-1 basis under the director plan.
How many total phantom stock units does Karen Madden hold at John Wiley (WLY) after this Form 4?
After the July 23, 2026 grant, Karen Madden holds 5,376 Phantom Stock Units. These units are deferred under John Wiley & Sons, Inc.’s Deferred Compensation Plan for Directors and are scheduled to settle in Class A Common shares when she separates from service on the board.
What is the nature of the phantom stock units reported for Karen Madden at WLY?
The reported Phantom Stock Units are deferred compensation tied 1-for-1 to John Wiley Class A Common shares. They arise from quarterly dividend equivalents under the director deferred compensation plan and will be settled entirely in Class A Common stock upon Madden’s separation from the board.
Does John Wiley (WLY) state when Karen Madden’s phantom units will be settled?
Yes. The company states that these phantom stock units will settle upon separation of service from the board. At that time, they are payable in 100% John Wiley & Sons, Inc. Class A Common stock, consistent with the terms of the Deferred Compensation Plan for Directors.