Dividend RSU grant for New York Times Co (NYSE: NYT) director
Rhea-AI Filing Summary
New York Times Company director Brian P. McAndrews reported an acquisition of 176.0000 Class A Common Stock-equivalent Restricted Stock Units on July 23, 2026. These Dividend Equivalent RSUs were awarded under The New York Times Company 2020 Incentive Compensation Plan in respect of previously reported RSUs and cash dividends. Following this grant, he directly holds 60,174.0000 shares. Dividend Equivalent RSUs tied to vested RSUs are fully vested at grant, while those tied to unvested RSUs vest on the same schedule, at the first annual meeting following the initial grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 176 shares
Net Buy
1 txn
Insider
MCANDREWS BRIAN P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 176 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 60,174 shares (Direct)
Footnotes (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.
Key Figures
Dividend Equivalent RSUs granted: 176.0000 units
Transaction price per share: $0.0000 per share
Holdings after transaction: 60174.0000 shares
3 metrics
Dividend Equivalent RSUs granted
176.0000 units
Restricted Stock Units acquired July 23, 2026 in respect of prior RSUs and dividends
Transaction price per share
$0.0000 per share
Stated price for the grant/award acquisition of Dividend Equivalent RSUs
Holdings after transaction
60174.0000 shares
Total direct Class A Common Stock holdings following the RSU-related acquisition
Key Terms
Restricted Stock Units, Dividend Equivalent RSUs, 2020 Incentive Compensation Plan
3 terms
Restricted Stock Units financial
"Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent RSUs financial
"Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant"
2020 Incentive Compensation Plan financial
"awarded under The New York Times Company 2020 Incentive Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did NYT director Brian P. McAndrews report?
Brian P. McAndrews reported an acquisition of 176.0000 Restricted Stock Units tied to New York Times Class A Common Stock on July 23, 2026. The RSUs are Dividend Equivalent RSUs awarded under the company’s 2020 Incentive Compensation Plan in respect of previously reported RSUs and cash dividends.
What are Dividend Equivalent RSUs in the New York Times (NYT) Form 4 filing?
Dividend Equivalent RSUs are Restricted Stock Units granted with a value equal to cash dividends paid on New York Times Class A Common Stock. They are issued in respect of previously reported RSUs under the 2020 Incentive Compensation Plan, mirroring the economic value of those dividends in stock-unit form.
How do the New York Times (NYT) Dividend Equivalent RSUs reported by Brian P. McAndrews vest?
Dividend Equivalent RSUs linked to vested RSUs are fully vested at grant. Those granted in respect of unvested RSUs will vest when the underlying RSUs vest, on the date of the company’s first annual meeting following the initial RSU grant, matching the original vesting schedule.
Was the New York Times (NYT) Form 4 transaction reported under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox on the Form 4 is not marked for this transaction. The filing instead describes a grant of Dividend Equivalent Restricted Stock Units awarded under The New York Times Company 2020 Incentive Compensation Plan, rather than trades executed under a pre-arranged trading plan.