NEW YORK TIMES CO·4

Apr 20, 5:44 PM ET

Brooke Beth A. 4

Research Summary

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Updated

NYT Director Brooke Beth A. Receives 54 RSUs

What Happened

  • Brooke Beth A., a director of The New York Times Company (NYSE: NYT), was granted 54 restricted stock units (RSUs) on 2026-04-16. The transaction is reported as an acquisition/award (code A) at $0.00 per share (total reported value $0).
  • This award is described in the filing as "Dividend Equivalent RSUs" granted in respect of previously reported RSUs.

Key Details

  • Transaction date and price: 2026-04-16; 54 RSUs @ $0.00 (Acquired).
  • Transaction code: A (award/grant).
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: The RSUs are Dividend Equivalent RSUs tied to previously reported RSUs; those granted in respect of vested RSUs are fully vested at grant, while those tied to unvested RSUs vest when the underlying RSUs vest (typically at the Company’s next annual meeting).
  • Timeliness: Report filed 2026-04-20 for a 2026-04-16 transaction; filing appears to be timely under Form 4 rules.

Context

  • Dividend Equivalent RSUs represent awards made in lieu of cash dividends on existing RSUs; they are not an open-market purchase or sale and do not by themselves signal insider buying or selling intent.
  • For retail investors, grants and dividend-equivalent awards are routine compensation/corporate actions for insiders and should be interpreted differently than open-market purchases (which are often viewed as a stronger positive signal).