TISHLER MARGOT GOLDEN 4
Research Summary
AI-generated summary
New York Times Director Margot Tishler Receives 19 RSU Award
What Happened
Margot Golden Tishler, a director of The New York Times Company (NYT.A), was granted 19 restricted stock units (RSUs) on 2026-01-16. The award is reported as an "A" (award/grant) transaction at $0.00 per share, with a total report value of $0. These RSUs are described as Dividend Equivalent RSUs tied to previously awarded RSUs.
Key Details
- Transaction date: 2026-01-16; Form 4 filed 2026-01-21 (covers period of report 2026-01-16).
- Transaction type/code: A — Grant/Award of 19 RSUs.
- Price/value: $0.00 per share; total $0 (these are dividend-equivalent RSUs).
- Shares owned after transaction: Not specified in the provided excerpt.
- Footnotes:
- F1: These are Dividend Equivalent RSUs reflecting cash dividends on NYT Class A shares; RSUs tied to already-vested awards are fully vested at grant, while those tied to unvested awards will vest when the underlying RSUs vest.
- F2: The reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.
- No indication in the excerpt of a 10b5-1 plan, tax-withholding sale, or that the transaction involved a cash purchase or sale.
Context
This was an award of dividend-equivalent RSUs (not a market purchase or sale), so it reflects compensation/entitlement rather than a trading decision. Such dividend-equivalent RSUs typically mirror cash dividends paid on common stock and may be immediately vested or subject to the vesting schedule of the underlying RSUs.