NYT (NYT) director Subramanian awarded 23 dividend-equivalent RSUs at $0
Rhea-AI Filing Summary
The New York Times Company director Anuradha B. Subramanian reported a small equity award in the form of dividend-equivalent restricted stock units. On 01/16/2026, she acquired 23 shares of Class A Common Stock at a price of $0 per share, increasing her directly held position to 9,596 shares.
The 23 shares reflect RSUs granted under the company’s 2020 Incentive Compensation Plan as “Dividend Equivalent RSUs,” meaning they are issued in an amount equal in value to cash dividends paid on Class A Common Stock. The filing notes that such RSUs tied to already vested awards are fully vested at grant, while those linked to unvested RSUs will vest on the same 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 The New York Times Company (NYT) report for Anuradha B. Subramanian?
The filing shows that director Anuradha B. Subramanian acquired 23 shares of Class A Common Stock of The New York Times Company on 01/16/2026 at a price of $0 per share through an equity award.
How many NYT shares does Anuradha B. Subramanian own after this Form 4 transaction?
After the reported transaction, Anuradha B. Subramanian beneficially owns 9,596 shares of The New York Times Company Class A Common Stock, held in direct ownership form.
What are Dividend Equivalent RSUs mentioned in the NYT Form 4 filing?
The filing describes Dividend Equivalent RSUs as restricted stock units granted under the 2020 Incentive Compensation Plan with a value equal to cash dividends paid on NYT Class A Common Stock, issued in respect of previously reported RSUs.
How do the vesting terms work for NYT Dividend Equivalent RSUs?
Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant. Those granted in respect of unvested RSUs will vest when the related unvested RSUs vest, which occurs on the date of the company’s first annual meeting following the initial grant.
Is the NYT insider equity award to Anuradha B. Subramanian a purchase or a grant?
The transaction is reported with code A, indicating an acquisition of shares through an equity award (Dividend Equivalent RSUs) at $0 per share rather than an open-market purchase.
Does the NYT Form 4 indicate any derivative securities activity for Anuradha B. Subramanian?
The provided Form 4 data lists only a non-derivative transaction in Class A Common Stock and shows no derivative securities entries in the transaction table.