Glaser Rachel C 4

What Happened

• Rachel C. Glaser, a director of The New York Times Company (NYSE: NYT), was granted 92 restricted stock units (RSUs) on 2026-04-16. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 (total reported value $0.00). This is an award of dividend-equivalent RSUs tied to cash dividends, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-16; Form 4 filed: 2026-04-20 (filing appears timely).
• Transaction type/code: Award/Grant (A) — 92 RSUs acquired at $0.00.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote F1: These are Dividend Equivalent RSUs granted under the 2020 Incentive Compensation Plan. RSUs granted in respect of vested RSUs are fully vested at grant; those tied to unvested RSUs will vest on the date the underlying RSUs vest (the Company’s first annual meeting following the initial grant).
• No 10b5-1 plan, tax-withholding sale, or late-filing indicator noted in this filing excerpt.

Context

• Dividend-equivalent RSUs represent company-paid dividend value credited as additional RSUs. Reporting at $0.00 in the Form 4 reflects the award nature of the grant rather than a cash purchase.
• Awards to directors are typically routine compensation/benefit and do not by themselves indicate a buy or sell signal about insider sentiment.