Glaser Rachel C 4
4 · NEW YORK TIMES CO · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
New York Times (NYT) Director Rachel Glaser Receives Award
What Happened Rachel C. Glaser, a director of The New York Times Company (NYT), was granted 2,277 restricted stock units (RSUs) on April 22, 2026. The Form 4 reports the award as an acquisition (code A) at a $0.00 per-share purchase price (total $0 on the filing), consistent with a stock-settled RSU grant under the company's equity plan.
Key Details
- Transaction date: 2026-04-22; filing date: 2026-04-24 (appears timely under the two-business-day Form 4 rule).
- Award: 2,277 RSUs reported as acquired at $0.00 per unit.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Footnote: RSUs granted under The New York Times Company 2020 Incentive Compensation Plan; each RSU represents a contingent right to one share. RSUs vest on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's board membership.
- Transaction code: A = Award/Grant.
Context RSUs are a form of equity compensation that represent a contingent right to receive shares upon vesting; this grant is a compensation award for board service rather than an open-market purchase or sale. Such director grants are common and do not by themselves indicate an insider buying or selling shares on the market.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-22+2,277→ 35,778 total
Footnotes (1)
- [F1]Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.