NYT (NYT) director Amanpal Bhutani granted 71 dividend RSUs
Rhea-AI Filing Summary
The New York Times Company director Amanpal S. Bhutani reported a small equity award tied to his existing holdings. On January 16, 2026, he acquired 71 shares of Class A Common Stock at a price of $0 per share, bringing his total directly owned shares to 29,691.
The shares reflect Dividend Equivalent Restricted Stock Units (RSUs) granted under the company’s 2020 Incentive Compensation Plan. These RSUs are issued in connection with cash dividends paid on Class A Common Stock and mirror the value of those dividends. RSUs linked to already vested awards are fully vested when granted, while those tied to unvested RSUs will vest on the date of the company’s first annual meeting following the initial grant.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did NYT director Amanpal S. Bhutani report?
Director Amanpal S. Bhutani reported acquiring 71 shares of Class A Common Stock of The New York Times Company (NYT) on January 16, 2026 at a price of $0 per share, increasing his direct holdings to 29,691 shares.
What type of shares did Amanpal S. Bhutani receive in this NYT Form 4?
The transaction involved Dividend Equivalent Restricted Stock Units (RSUs) under the 2020 Incentive Compensation Plan, which are granted in connection with cash dividends paid on NYT Class A Common Stock.
How do the Dividend Equivalent RSUs reported by NYT for Bhutani vest?
Dividend Equivalent RSUs granted on vested RSUs are fully vested at grant. Those granted on 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.
Does this NYT Form 4 indicate whether the shares are held directly or indirectly?
The filing shows the 29,691 shares of Class A Common Stock as held under direct (D) ownership by Amanpal S. Bhutani.
Is this NYT Form 4 transaction part of a compensation plan?
Yes. The reported Dividend Equivalent RSUs were acquired under The New York Times Company 2020 Incentive Compensation Plan in connection with cash dividends paid on Class A Common Stock.