Brooke Beth A. 4
Research Summary
AI-generated summary
New York Times (NYT) Director Brooke Beth A. Receives Award (48 RSUs)
What Happened
- Brooke Beth A., a director of The New York Times Company (NYT), was granted 48 restricted stock units (RSUs) on 2026-01-16. The transaction is reported as an award/grant (code A) at $0.00 per share (Dividend Equivalent RSUs), reflecting dividend equivalents rather than a cash purchase or sale. The reported dollar amount for the acquisition is $0.
Key Details
- Transaction date and type: 2026-01-16 — Grant/Award (A) of 48 RSUs at $0.00.
- Report filed: Form 4 filed 2026-01-21 (5 calendar days after the transaction); Form 4s are normally due within 2 business days — check the SEC record for any late-filing designation.
- Shares owned after transaction: Not stated in the provided filing summary.
- Footnote: These are Dividend Equivalent RSUs tied to previously reported RSUs under the 2020 Incentive Compensation Plan. Dividend Equivalent RSUs for vested RSUs vest immediately at grant; those tied to unvested RSUs vest when the underlying RSUs vest (typically at the company’s first annual meeting following the initial grant).
Context
- This is a compensation-related award of dividend-equivalent RSUs rather than an open-market purchase or sale, and is generally considered routine. The grant size (48 RSUs) is small and does not by itself indicate a substantive change in insider conviction.