Andresen Katherine Dunn 4

What Happened

• Andresen Katherine Dunn, a director of John Wiley & Sons, Inc. (WLY / WLYB), was granted 36 phantom stock units on 2026-04-23. The award is reported at $41.32 per unit, for a notional value of about $1,488. This transaction is coded as an Award/Grant (A) and is a derivative (phantom stock unit), not an open-market purchase.

Key Details

• Transaction date: 2026-04-23; SEC filing date: 2026-04-24 (filed one day after the transaction).
• Grant: 36 phantom stock units @ $41.32 each; total notional value ≈ $1,488.
• Shares after transaction: not specified in the filing.
• Footnotes:
  • F1: 1-for-1 (units convert 1-for-1 to shares upon settlement).
  • F2: These are additional Phantom Stock Units credited due to a quarterly dividend and 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.
• Timeliness: filing appears timely (reported the next day); no late-filing flag noted.

Context

• This was an award of phantom stock units under the company's director deferred compensation plan — a form of deferred compensation that converts to actual shares (per the footnote) when the director leaves the board. Such grants are routine compensation for directors and are not the same signal as an outright open-market purchase or sale.