Karen N. Madden, a director at John Wiley & Sons, Inc., has recently acquired 55 Phantom Stock Units, valued at $54.04 each. This acquisition, reported on October 23, 2026, is significant as it underscores the company's ongoing compensation strategies for its executives.
Background
John Wiley & Sons, Inc. is a prominent player in the publishing industry, classified under the SIC code 2731, which pertains to books publishing or publishing and printing. The company is based in Hoboken, New Jersey, and its stock is traded under the symbols WLY and WLYB. The latest filing is part of a series of reports that Madden has submitted, with the most recent prior filing dated September 25, 2026.
What the Filing Says
The filing indicates that Madden's transaction involved the acquisition of 55 Phantom Stock Units on October 22, 2026. It states, "Shares settle upon separation of service from the Board in 100% John Wiley & Sons, Inc. Class A Common stock." This reflects the company's deferred compensation plan for directors.
Impact
This acquisition may affect the company's executive compensation structure and could influence how other directors view their own compensation packages. It also highlights the ongoing trends in the publishing sector regarding how companies incentivize their leadership.
What's Next
The filing does not say what happens next.