Bronstein Manuel 4
4 · NEW YORK TIMES CO · Filed Apr 24, 2026
Research Summary
AI-generated summary of this filing
New York Times (NYT) Director Manuel Bronstein Receives Award
What Happened
Manuel Bronstein, a director of The New York Times Company, was granted 2,277 restricted stock units (RSUs) on April 22, 2026. The grant was reported as an award (code A) at $0.00 per unit — these are stock-settled RSUs under the company's 2020 Incentive Compensation Plan, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-22; filing date: 2026-04-24 (filed two days after the transaction, which appears timely under the typical two-business-day Form 4 rule).
- Grant: 2,277 restricted stock units (RSUs) recorded at $0.00 per unit (award).
- Shares owned after transaction: not specified in the information provided on the Form 4.
- Footnote: RSUs represent a contingent right to one share each, vest on the date of the next Annual Meeting of Stockholders, and vested shares will be delivered within 90 days following the cessation of Bronstein’s board membership.
- Transaction code: A = Award/Grant.
Context
These RSUs are a form of compensation, aligning director interests with shareholders but not indicating a buy/sell market signal. Because delivery of shares is delayed (vesting at the next annual meeting and actual delivery tied to cessation of board service), Bronstein will not immediately receive tradable shares. This filing reports a grant rather than a cash transaction or sale.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-04-22+2,277→ 20,343 total
Footnotes (1)
- [F1]Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.