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Inder M. Singh, a director of John Wiley & Sons, Inc. (WLY), received 3,275 phantom stock units on 09/25/2025 as his annual director stock award under the 2022 Omnibus Stock and Long-Term Incentive Plan. The award was deferred under the Director Deferred Compensation Plan and is reported at a per-share value of $39.69. Following the grant, the reporting person beneficially owns 15,051 shares of Class A Common stock on a direct basis. The phantom units vest the earlier of the day before the next annual meeting, the director's death/disability, or a change in control, and settle upon separation in 100% Class A Common stock with distribution per the director's election (lump sum or installments up to 10 years).