Director at John Wiley (NYSE: WLY) awarded 122 phantom stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hemphill Brian O reported acquisition or exercise transactions in this Form 4 filing.
JOHN WILEY & SONS, INC. director Brian O. Hemphill received a grant of 122 Phantom Stock Units credited at $41.32 per unit. The units arose from a quarterly dividend and were deferred under the company’s Deferred Compensation Plan for Directors on a 1-for-1 basis into Class A Common stock.
After this award, Hemphill holds a total of 14,290 Phantom Stock Units, which will settle in John Wiley & Sons Class A Common stock upon his separation from the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hemphill Brian O
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Units | 122 | $41.32 | $5K |
Holdings After Transaction:
Phantom Stock Units — 14,290 shares (Direct, null)
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.
Key Figures
Phantom Stock Units granted: 122 units
Crediting price per unit: $41.32 per unit
Total Phantom Units after grant: 14,290 units
+2 more
5 metrics
Phantom Stock Units granted
122 units
Grant on April 23, 2026
Crediting price per unit
$41.32 per unit
Value used for Phantom Stock Units
Total Phantom Units after grant
14,290 units
Director’s holdings following transaction
Conversion ratio
1-for-1
Each Phantom Stock Unit to Class A Common
Conversion/exercise price
$0.00
Phantom stock units have no exercise price
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
"Shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock"
FAQ
What did director Brian O. Hemphill report in this Wiley (WLY) Form 4?
Brian O. Hemphill reported receiving 122 Phantom Stock Units credited at $41.32 each. These units were added under John Wiley & Sons’ Deferred Compensation Plan for Directors and increase his total phantom unit holdings to 14,290, all settling in Class A Common stock upon board separation.
How many Phantom Stock Units did the Wiley (WLY) director receive and at what value?
He received 122 Phantom Stock Units valued at $41.32 per unit. The award reflects additional units credited from a quarterly dividend under the Deferred Compensation Plan for Directors, increasing his deferred equity exposure linked to John Wiley & Sons Class A Common stock.
What is the conversion feature of the Wiley (WLY) Phantom Stock Units granted?
The Phantom Stock Units convert on a 1-for-1 basis into John Wiley & Sons Class A Common stock. Settlement occurs when the director separates from the board, meaning each unit ultimately corresponds to one share of Class A Common stock at that time.
How many total Phantom Stock Units does the Wiley (WLY) director hold after this transaction?
Following the grant, Brian O. Hemphill holds 14,290 Phantom Stock Units. These units are deferred under the company’s Deferred Compensation Plan for Directors and are scheduled to settle entirely in John Wiley & Sons Class A Common stock upon his separation from board service.
What plan governs the Phantom Stock Units reported for Wiley (WLY) director Brian O. Hemphill?
The units are governed by the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors. Under this plan, additional Phantom Stock Units can be credited from quarterly dividends and ultimately settle in 100% Class A Common stock when the director leaves the board.