4Filed Jul 23, 8:00 PM ET
John Wiley (WLY) Director Raymond McDaniel Receives 462 Phantom Shares
$WLY, WLYB · JOHN WILEY & SONS, INC.Research Summary
AI-generated summary of this SEC filing
John Wiley (WLY) Director Raymond McDaniel Receives 462 Phantom Shares
What Happened
- Raymond W. McDaniel, a director of John Wiley & Sons, Inc. (WLY), was credited with 462 derivative shares (phantom stock units) on 2026-07-23.
- The units are valued at $48.72 each, for a total reported value of $22,509. This transaction is an award/acquisition (code A) under the company’s director deferred compensation arrangements, not an open-market purchase.
Key Details
- Transaction date: 2026-07-23; Filing date: 2026-07-24 (timely).
- Price/value per unit: $48.72; Total value: $22,509.
- Shares owned after transaction: Not specified in the filing.
- Transaction code: A (Grant, award or other acquisition — derivative).
- Footnotes: F1 = 1-for-1; F2 = These are additional Phantom Stock Units resulting from 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 the board.
Context
- These are phantom stock units credited under a director deferred compensation plan, which convert to actual Class A shares only when the director leaves the board (per footnote). Such awards are routine director compensation and do not reflect an open-market buy or sell decision by the insider.