New York Times (NYT) director acquires 28 shares at $0; holds 9,573

New York Times Company (NYT) — Form 4 insider update: A director reported acquiring 28 shares of Class A Common Stock on 10/23/2025 at a price of $0, recorded as dividend-equivalent restricted stock units (RSUs).

Rhea-AI Filing Summary

New York Times Company (NYT) — Form 4 insider update: A director reported acquiring 28 shares of Class A Common Stock on 10/23/2025 at a price of $0, recorded as dividend-equivalent restricted stock units (RSUs). Following this transaction, the director beneficially owns 9,573 shares, held directly.

These Dividend Equivalent RSUs were issued under the 2020 Incentive Compensation Plan in connection with cash dividends. RSUs granted in respect of vested awards are fully vested at grant, while those tied to unvested awards will vest when the related RSUs vest, which occurs on the date of the Company’s first annual meeting following the initial grant.

Insights

Equity compensation analyst

Routine, non-cash Form 4 reflecting dividend-equivalent RSUs.

The filing records 28 Class A shares acquired at $0 on 10/23/2025 via Dividend Equivalent RSUs under the 2020 plan. This mechanism credits additional RSUs equal in value to cash dividends on outstanding RSUs.

RSUs tied to vested awards are fully vested at grant; those tied to unvested awards vest when the underlying RSUs vest, on the date of the first annual meeting following the initial grant. The reported direct beneficial ownership is 9,573 shares. This is administrative and does not, by itself, alter the investment thesis.

Insider Trade Summary

Grant/Award: 28 shares

Grant/Award 1 txn

Insider Subramanian Anuradha B.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	28	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 9,573 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.

FAQ

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

What did NYT report in this Form 4 filing?

A director acquired 28 Class A shares on 10/23/2025 at $0 via Dividend Equivalent RSUs.

How many NYT shares does the reporting person now own?

The filing shows 9,573 shares beneficially owned directly after the transaction.

What are Dividend Equivalent RSUs at NYT?

They are RSUs granted with a value equal to cash dividends on NYT Class A stock, issued under the 2020 Incentive Compensation Plan.

When do these RSUs vest?

RSUs for vested awards vest at grant; those tied to unvested awards vest on the date of the Company’s first annual meeting following the initial grant.

Was cash paid for the acquired NYT shares?

No. The transaction price was $0, reflecting a non-cash RSU issuance.

What is the security involved in this insider transaction?

NYT Class A Common Stock associated with Dividend Equivalent RSUs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 10/27/2025 - 05:11 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^*

Subramanian Anuradha B.

(Last) (First) (Middle)

THE NEW YORK TIMES COMPANY

620 EIGHTH AVENUE

(Street)

NEW YORK NY 10018

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
10/23/2025

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

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

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

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)	10/23/2025		A		28	A	$0	9,573	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:

Exhibit List Ex 24 - Power of Attorney

	/s/ Michael A. Brown, Attorney-in-fact for Anuradha B. Subramanian	10/27/2025
	** 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.