New York Times Co (NYSE: NYT) director granted 98 dividend RSUs
Rhea-AI Filing Summary
Bhutani Amanpal Singh reported acquisition or exercise transactions in this Form 4 filing.
New York Times Co director Amanpal Singh Bhutani received a grant of 98 Dividend Equivalent Restricted Stock Units representing Class A common stock on 2026-07-23 under The New York Times Company 2020 Incentive Compensation Plan at no cash cost. These RSUs mirror cash dividends on prior RSU awards, with portions vesting immediately or when related unvested RSUs vest at the first annual meeting following the initial grant. After this award, he directly holds 32,147 Class A shares.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 98 shares
Net Buy
1 txn
Insider
Bhutani Amanpal Singh
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 98 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 32,147 shares (Direct)
Footnotes (1)
- F1. Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2020 Incentive Compensation Plan in connection with, and with a value equal to, cash dividends paid on The New York Times Company's Class A Common Stock ("Dividend Equivalent RSUs"). Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant. Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the date that such unvested RSUs vest, which is the date of the Company's first annual meeting following the initial grant.
Key Figures
Dividend Equivalent RSUs Granted: 98.0000 shares
Transaction Price per Share: $0.0000
Direct Class A Holdings After Grant: 32147.0000 shares
3 metrics
Dividend Equivalent RSUs Granted
98.0000 shares
RSUs acquired on 2026-07-23 representing Class A common stock
Transaction Price per Share
$0.0000
Grant of Dividend Equivalent RSUs carried no cash exercise or purchase price
Direct Class A Holdings After Grant
32147.0000 shares
Total direct Class A shares reported following the RSU grant
Key Terms
Restricted Stock Units, Dividend Equivalent RSUs, Incentive Compensation Plan
3 terms
Restricted Stock Units financial
"Restricted Stock Units acquired in respect of previously reported RSUs awarded under the plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent RSUs financial
"Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant"
Incentive Compensation Plan financial
"awarded under The New York Times Company 2020 Incentive Compensation Plan"
An incentive compensation plan is a formal program that rewards employees and executives with bonuses, stock, or other payments tied to specific performance goals—such as revenue, profit, productivity, or long‑term share price. Investors watch these plans because they shape how leaders make decisions and take risks; like paying a coach by wins rather than effort, well‑designed plans can drive sustainable growth while poor designs can encourage short‑term behaviors that harm shareholder value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did New York Times (NYT) director Amanpal Singh Bhutani report in this Form 4?
He reported receiving 98 Dividend Equivalent Restricted Stock Units representing Class A common stock. These RSUs were granted under The New York Times Company 2020 Incentive Compensation Plan in respect of cash dividends on earlier RSU awards, with some vesting immediately and others with the underlying RSUs.
What are Dividend Equivalent RSUs in the New York Times (NYT) Form 4?
Dividend Equivalent RSUs are Restricted Stock Units granted with a value equal to cash dividends paid on Class A common stock. RSUs tied to vested RSUs are fully vested at grant, while those tied to unvested RSUs vest when the related RSUs vest at the next annual meeting.
Did the NYT director pay cash for the 98 Dividend Equivalent RSUs reported?
No cash was paid for this grant; the reported transaction price per share is $0.0000. The Dividend Equivalent RSUs were awarded as part of The New York Times Company 2020 Incentive Compensation Plan, reflecting the value of cash dividends on prior RSU awards.
How do the Dividend Equivalent RSUs for New York Times (NYT) director Bhutani vest?
Dividend Equivalent RSUs granted on vested RSUs are fully vested immediately. Those granted on unvested RSUs will vest on the same date the related RSUs vest, which is specified as the company’s first annual meeting following the initial grant of those underlying RSUs.