Madden Karen N 4

What Happened

• Karen N. Madden, a member of the Board of Directors of John Wiley & Sons, Inc. (WLY/WLYB), received an award of 39 derivative/phantom stock units on 2026-07-23. The units are reported at $48.72 each, for a total reported value of approximately $1,900. The transaction is coded as an award/grant (A).

Key Details

• Transaction date: 2026-07-23; filing date: 2026-07-24 (timely).
• Price/value: $48.72 per share; total value ≈ $1,900.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 indicates a 1-for-1 settlement ratio; F2 explains 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. Shares will settle in 100% Class A common stock upon separation from Board service.
• Transaction type: award of phantom/derivative units (not an open-market purchase or sale).

Context

• This was a deferred compensation award (phantom stock units) tied to the director plan; the units do not represent immediate stock ownership and will convert to actual shares only upon separation of service per the plan terms. Such awards are routine for non-employee directors and do not by themselves signal a buy or sell decision.