Subramanian Anuradha B. 4
Research Summary
AI-generated summary
NYT Director Anuradha B. Subramanian Receives Award
What Happened
- Anuradha B. Subramanian, a director of The New York Times Company (NYSE: NYT), was granted 23 restricted stock units (RSUs) on 2026-01-16. The filing lists the acquisition price as $0.00 (total reported value $0). This transaction is an award/grant (code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-16; Filing date: 2026-01-21 (Form 4 accession 0001842720-26-000002).
- Shares/units granted: 23 Dividend Equivalent RSUs; price per unit reported: $0.00.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: These are Dividend Equivalent RSUs granted under the 2020 Incentive Compensation Plan — they represent RSUs equal in value to cash dividends. Dividend Equivalent RSUs tied to vested RSUs are fully vested at grant; those tied to unvested RSUs vest when the underlying RSUs vest (generally at the company’s next annual meeting).
- Timeliness: Filed within the required two business days (timely).
Context
- Dividend Equivalent RSUs are a form of compensation that tracks cash dividends and are typically routine; they are not the same as an outright purchase and do not by themselves indicate director buying or selling sentiment.
- Because this was an award (not a cash transaction or stock sale), it’s primarily a compensation/dividend-related issuance rather than an investment decision by the insider.