Dobson David C 4

What Happened

• David C. Dobson, a director of John Wiley & Sons, received 267 shares as a grant/award reported as a derivative acquisition on 2026-04-23. The unit price reported is $41.32, for a notional value of $11,032. This was an award under the company’s director Deferred Compensation Plan, not an open-market purchase.

Key Details

• Transaction date and price: 2026-04-23 at $41.32 per share (total $11,032).
• Transaction type: A (award/grant/other acquisition); classified as a derivative (phantom stock units).
• Shares owned after transaction: Not reported in the Form 4.
• Footnotes: F2 — These are additional Phantom Stock Units resulting from a quarterly dividend and deferred under the John Wiley & Sons Deferred Compensation Plan; they settle in 100% Class A common stock upon separation of Board service. F1 indicates a 1-for-1 conversion ratio.
• Filing date: Form 4 filed 2026-04-24 for the 2026-04-23 transaction (filed promptly).

Context

• These are phantom stock units (deferred compensation) rather than immediate share purchases. They typically convert to actual Class A shares only when the director leaves the Board, so they do not increase the insider’s current voting stake today. Such awards are routine director compensation and are different from open-market buying or selling.