4Filed Jul 26, 8:00 PM ET
New York Times Director Manuel Bronstein Receives 62-Share Award
$NYT · NEW YORK TIMES COResearch Summary
AI-generated summary of this SEC filing
New York Times Director Manuel Bronstein Receives 62-Share Award
What Happened
- Manuel Bronstein, a director of The New York Times Company (NYT), was granted 62 shares on 2026-07-23 reported as an award (code A). The Form 4 records the acquisition price as $0.00 (these are Dividend Equivalent RSUs tied to cash dividends).
Key Details
- Transaction date: 2026-07-23; Filing date: 2026-07-27.
- Shares/amount: 62 Dividend Equivalent RSUs; reported acquisition price $0.00 (total reported value $0).
- Shares owned after transaction: not disclosed in the excerpt of the filing provided.
- Footnote: These are Dividend Equivalent RSUs granted under the 2020 Incentive Compensation Plan. RSUs granted with respect to vested RSUs are fully vested at grant; those tied to unvested RSUs vest on the date the underlying unvested RSUs vest (the company's first annual meeting following the initial grant).
- Filing timeliness: Form 4 was filed four days after the transaction date; the filing does not show a late-filing flag.
Context
- Dividend Equivalent RSUs represent awards equal in value to cash dividends and are a form of compensation rather than an open-market purchase or sale. Such awards are routine and do not necessarily signal the insider’s view on the stock’s near-term performance.