NYT director awarded 2,277 restricted stock units
Glaser Rachel C reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Glaser Rachel C reported acquisition or exercise transactions in this Form 4 filing.
The New York Times Company director Rachel C. Glaser received an equity grant of 2,277 shares of Class A Common Stock in the form of stock-settled restricted stock units. The grant was made at no cash cost to her as part of director compensation.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and will vest on the date of the company’s next Annual Meeting of Stockholders. After this grant, Glaser holds 35,778 shares directly. Vested shares will be delivered within 90 days after she leaves the Board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,277 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
Incentive Compensation Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did New York Times (NYT) director Rachel Glaser receive in this Form 4?
When do Rachel Glaser’s newly granted NYT restricted stock units vest?
What plan governs the NYT restricted stock unit grant to Rachel Glaser?
AI-generated analysis. How Rhea-AI works. Not financial advice.