Baker Mari Jean 4

What Happened
Mari Jean Baker, a director of John Wiley & Sons, Inc. (WLY/WLYB), received a grant of 361 phantom stock units on 2026-04-23. The units were valued at $41.32 each for a total notional value of $14,917. This was an award/derivative grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-23; filing date (Form 4): 2026-04-24 (timely filing).
• Award: 361 phantom stock units @ $41.32 = $14,917 (derivative award).
• Footnote F1: 1-for-1 conversion.
• Footnote F2: These are additional Phantom Stock Units from a quarterly dividend deferred under the John Wiley & Sons, Inc. Deferred Compensation Plan for Directors; units settle in 100% Class A common stock upon separation from board service.
• Shares owned after transaction: not specified in the provided filing excerpt.

Context
Phantom stock units are a deferred compensation instrument that track the value of company shares but do not represent immediate share ownership; they typically convert to actual shares (here, 1-for-1 into Class A common stock) upon a triggering event (separation from the board). This award is routine director compensation and does not indicate a market purchase or sale.