NYT director Bronstein adds 44 dividend RSU shares at New York Times (NYT)
Rhea-AI Filing Summary
The New York Times Company director Manuel Bronstein reported a small equity award. On January 16, 2026, he acquired 44 shares of Class A Common Stock at a price of $0 per share, recorded as an acquisition on a Form 4.
The filing shows he beneficially owns 18,017 Class A shares directly after this transaction. The footnote explains these shares arise from Dividend Equivalent Restricted Stock Units (RSUs), which are granted under the company’s 2020 Incentive Compensation Plan in amounts equal in value to cash dividends on the stock. Dividend equivalent RSUs tied to vested RSUs are fully vested at grant, while those linked to unvested RSUs will vest on the date of the company’s first annual meeting following the initial grant.
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FAQ
What insider transaction did NYT director Manuel Bronstein report?
Manuel Bronstein, a director of The New York Times Company, reported the acquisition of 44 shares of Class A Common Stock on January 16, 2026, as shown on a Form 4.
How many NYT shares does Manuel Bronstein own after this Form 4?
After the reported transaction, Manuel Bronstein beneficially owns 18,017 shares of Class A Common Stock of The New York Times Company, held in direct ownership.
Was this NYT Form 4 a purchase or an award of shares?
The Form 4 shows an acquisition coded "A" of 44 Class A shares at $0 per share, reflecting an equity award via Restricted Stock Units rather than an open-market purchase.
What are Dividend Equivalent RSUs mentioned in the NYT Form 4?
The footnote explains that the 44 shares come from Dividend Equivalent Restricted Stock Units (RSUs), which are RSUs granted under the 2020 Incentive Compensation Plan in connection with, and with a value equal to, cash dividends paid on NYT Class A Common Stock.
How do the NYT Dividend Equivalent RSUs vest for Manuel Bronstein?
According to the footnote, Dividend Equivalent RSUs on vested RSUs are fully vested at grant, while those granted in respect of unvested RSUs vest when the underlying unvested RSUs vest, which occurs on the date of the company’s first annual meeting following the initial grant.
Does Manuel Bronstein hold these NYT shares directly or indirectly?
The Form 4 lists the 18,017 Class A shares following the transaction as held with ownership form "D" for direct, with no indirect ownership entity disclosed.