VAN DYCK REBECCA 4

What Happened

Rebecca Van Dyck, a director of The New York Times Company (NYT), was granted 2,277 restricted stock units (RSUs) on 2026-04-22. The Form 4 reports the award at $0.00 per unit (total reported value $0) because this is a non-cash equity grant. This is an award/grant (transaction code A), not a buy or sell.

Key Details

• Transaction date and filing: Grant dated 2026-04-22; Form 4 filed 2026-04-24 (timely filing).
• Quantity and price: 2,277 RSUs at $0.00 reported per unit (stock-settled award).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote summary: RSUs represent a contingent right to receive one share of Class A common stock; they vest on the date of the next 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 and carry no immediate cash value until they vest and are settled into shares. They are common for directors and typically reflect compensation rather than an expression of near-term market conviction.
• Because these are stock-settled RSUs, when they vest they convert into shares (not a cash payout). This grant does not involve an open-market purchase or sale.