NYT (NYT) director John W. Rogers Jr. granted 77 dividend RSUs
Rhea-AI Filing Summary
The New York Times Company director John W. Rogers Jr. reported a small equity award tied to his existing holdings. On January 16, 2026, he acquired 77 shares of Class A Common Stock at a price of $0 per share, bringing his total directly held Class A shares to 52,127.
The filing explains that these shares reflect Dividend Equivalent Restricted Stock Units (RSUs) granted under the company’s 2020 Incentive Compensation Plan. These RSUs are issued in an amount equal in value to cash dividends paid on the company’s Class A stock. Dividend Equivalent RSUs linked to already vested RSUs are fully vested when granted, while those linked to unvested RSUs will vest on the same date the underlying 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 NYT director John W. Rogers Jr. report?
John W. Rogers Jr., a director of The New York Times Company (NYT), reported acquiring 77 shares of Class A Common Stock on January 16, 2026, at a price of $0 per share, increasing his direct holdings to 52,127 shares.
How did John W. Rogers Jr. receive the 77 NYT shares disclosed in this Form 4?
The 77 shares represent Dividend Equivalent Restricted Stock Units (RSUs) granted under The New York Times Company 2020 Incentive Compensation Plan, in respect of previously reported RSUs and based on cash dividends paid on Class A Common Stock.
What are Dividend Equivalent RSUs in The New York Times Company 2020 Incentive Compensation Plan?
Dividend Equivalent RSUs are restricted stock units granted with a value equal to cash dividends paid on NYT Class A Common Stock. Those tied to vested RSUs are fully vested at grant, while those tied to unvested RSUs will vest when the underlying RSUs vest, on the date of the company’s first annual meeting following the initial grant.
What is John W. Rogers Jr.’s total NYT Class A share ownership after this transaction?
After the reported transaction, John W. Rogers Jr. beneficially owns 52,127 shares of NYT Class A Common Stock, held in direct form according to the filing.
What role does John W. Rogers Jr. hold at The New York Times Company (NYT)?
John W. Rogers Jr. is identified in the filing as a director of The New York Times Company. He is not listed as an officer or a 10% owner in this report.
Was this NYT Form 4 transaction under a Rule 10b5-1 trading plan?
The form includes a checkbox for transactions made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not indicate that this box was checked for the reported transaction.