New York Times director receives dividend RSU grant

Bhutani Amanpal Singh reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 98 shares

Grant/Award 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)

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many New York Times (NYT) shares does Amanpal Singh Bhutani hold after this grant?

Following the reported grant, Amanpal Singh Bhutani directly holds 32,147 shares of New York Times Class A common stock. This figure reflects his direct ownership after receiving the 98 Dividend Equivalent RSUs described, as reported in the Form 4 filing data.

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.

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Available on EDGAR 07/27/2026 - 05:57 PM Accepted by SEC EDGAR 07/27/2026 - 05:57 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bhutani Amanpal Singh

(Last) (First) (Middle)

THE NEW YORK TIMES COMPANY

620 EIGHTH AVENUE

(Street)

NEW YORK NEW YORK 10018

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEW YORK TIMES CO [ NYT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	07/23/2026		A		98	A	$0	32,147	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

Remarks:

	/s/ Diane Brayton, Attorney-in-fact for Amanpal S. Bhutani	07/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)