NYT (NYSE: NYT) director granted 48 dividend-equivalent RSUs
Rhea-AI Filing Summary
The New York Times Company director Beth A. Brooke reported an automatic share-based award tied to prior grants. On January 16, 2026, she acquired 48 shares of Class A Common Stock at $0 per share, bringing her directly held beneficial ownership to 19,768 shares.
The filing explains that these shares reflect dividend equivalent restricted stock units (RSUs) under the company’s 2020 Incentive Compensation Plan. These RSUs are granted in connection with cash dividends paid on Class A Common Stock. Dividend equivalent RSUs related to vested RSUs are fully vested at grant, while those tied to unvested RSUs will vest on the date the underlying unvested RSUs vest, which is the date of the company’s first annual meeting following the initial grant.
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FAQ
What insider transaction did NYT director Beth A. Brooke report?
Beth A. Brooke reported acquiring 48 shares of Class A Common Stock of The New York Times Company (NYT) on January 16, 2026, at $0 per share, through an automatic equity award.
How many NYT shares does Beth A. Brooke own after this Form 4 transaction?
After the reported transaction, Beth A. Brooke beneficially owns 19,768 shares of NYT Class A Common Stock, held directly.
What are dividend equivalent RSUs mentioned in the NYT Form 4 filing?
The filing states that the award consists of dividend equivalent restricted stock units (RSUs) granted under the 2020 Incentive Compensation Plan. These RSUs are issued with a value equal to cash dividends paid on NYT Class A Common Stock in respect of previously reported RSUs.
How do the NYT dividend equivalent RSUs vest for Beth A. Brooke?
According to the disclosure, dividend equivalent RSUs granted in respect of vested RSUs are fully vested at grant. Those granted in respect of unvested RSUs will vest on the date the underlying unvested RSUs vest, which is the date of the company’s first annual meeting following the initial grant.
Is Beth A. Brooke a 10% owner of The New York Times Company?
The filing identifies Beth A. Brooke as a director of The New York Times Company and does not mark her as a 10% owner.
Was this NYT insider transaction reported as a direct or indirect holding?
The Form 4 indicates that the 19,768 NYT shares held after the transaction are owned on a direct (D) basis by Beth A. Brooke, with no separate entity listed for indirect ownership.