New York Times (NYSE: NYT) director receives 2,277 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bhutani Amanpal Singh reported acquisition or exercise transactions in this Form 4 filing.
Director Amanpal Singh Bhutani of The New York Times Company received a grant of 2,277 shares of Class A Common Stock in the form of stock-settled restricted stock units under the company’s 2020 Incentive Compensation Plan. These units were awarded at no cash purchase price.
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The units vest on the date of the following Annual Meeting of Stockholders, and the vested shares will be delivered within 90 days after Bhutani’s service on the Board of Directors ends. Following this award, he directly holds 32,049 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bhutani Amanpal Singh
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,277 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 32,049 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,277 shares
Transaction price per share: $0.0000 per share
Holdings after transaction: 32,049 shares
3 metrics
RSU grant size
2,277 shares
Stock-settled restricted stock units granted on April 22, 2026
Transaction price per share
$0.0000 per share
Reported for the RSU award under the 2020 Incentive Compensation Plan
Holdings after transaction
32,049 shares
Total Class A Common Stock directly held after the grant
Key Terms
restricted stock units, 2020 Incentive Compensation Plan, Annual Meeting of Stockholders, Class A Common Stock
4 terms
restricted stock units financial
"Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan."
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.
2020 Incentive Compensation Plan financial
"Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan."
Annual Meeting of Stockholders financial
"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."
Class A Common Stock financial
"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."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did NYT director Amanpal Singh Bhutani report on Form 4?
Bhutani reported receiving a grant of 2,277 stock-settled restricted stock units of New York Times Class A Common Stock. The award is part of director compensation under the 2020 Incentive Compensation Plan and did not involve an open-market stock purchase or sale.
What are the vesting terms of Amanpal Singh Bhutani’s NYT restricted stock units?
The 2,277 restricted stock units vest on the date of the following Annual Meeting of Stockholders. Once vested, the underlying NYT Class A shares will be delivered within 90 days after Bhutani’s membership on the Board of Directors ends, according to the award terms.
Was there a purchase price for Bhutani’s NYT restricted stock unit award?
The restricted stock unit grant carried a reported transaction price of $0.0000 per share. This reflects that the award was granted as part of director compensation, rather than acquired through an open-market purchase requiring Bhutani to pay cash for the NYT shares.
Under which plan were Amanpal Singh Bhutani’s NYT restricted stock units granted?
The award was granted under The New York Times Company 2020 Incentive Compensation Plan. This plan provides equity-based compensation, such as stock-settled restricted stock units, to directors and other eligible participants as part of their overall pay structure.