Wiley (WLY) Director Katherine Andresen Receives 31-Share Award

What Happened Katherine Dunn Andresen, a member of John Wiley & Sons' Board of Directors, was granted 31 derivative shares (phantom stock units) on 2026-07-23. The filing lists a per-share value of $48.72, for a total reported value of approximately $1,510. This was an award/acquisition under the company's director deferred compensation plan, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-23 (filed 2026-07-24)
• Transaction type: Grant / award / other acquisition (derivative phantom stock units)
• Quantity and value: 31 units @ $48.72 each; total ≈ $1,510
• Shares owned after transaction: Not stated in the filing
• Footnotes:
  • F1: 1-for-1
  • F2: These are additional Phantom Stock Units resulting from a quarterly dividend and deferred under the John Wiley & Sons Deferred Compensation Plan for Directors; units settle in 100% Class A common stock upon separation of service
• Timeliness: Filing appears timely (transaction dated 7/23, filed 7/24)

Context Phantom stock units are a form of deferred compensation that convert to company shares (here, Class A common stock) when a director leaves service; they are not immediately tradable shares and do not represent an open-market buy or sell. Such grants are routine for director compensation and should be viewed as a compensation award rather than a direct insider buy signal.