Bronstein Manuel 4

What Happened

• Manuel Bronstein, a director of The New York Times Company (NYT), was granted 49 restricted stock units recorded as Dividend Equivalent RSUs on April 16, 2026. The reported acquisition price is $0.00 (transaction code A); the filing lists the value as $0 because these RSUs represent dividend equivalents tied to previously awarded RSUs rather than a cash purchase.

Key Details

• Transaction date: 2026-04-16; Filing date: 2026-04-20 (filed on time under Form 4 rules).
• Quantity: 49 Dividend Equivalent RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the filing.
• Footnote (F1): These RSUs are Dividend Equivalent RSUs granted in respect of previously reported RSUs. Those granted for already-vested RSUs are fully vested at grant; those tied to unvested RSUs will vest when the underlying unvested RSUs vest (typically the company’s first annual meeting following the original grant).
• Transaction code: A = Award/Grant. No sale or open-market purchase reported.

Context

• Dividend Equivalent RSUs are compensation that mirrors cash dividend value on existing RSUs; they do not represent an insider buying additional stock with personal funds. Such grants are typically routine compensation/benefit and should be interpreted differently than open-market purchases or sales.