STOCK TITAN

Margot Golden (NYT) receives 21 dividend-equivalent RSUs and reports trust holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

GOLDEN MARGOT reported acquisition or exercise transactions in this Form 4 filing.

New York Times Co director Margot Golden reported a small equity-based compensation change. She received 21 restricted stock units (RSUs) of Class A Common Stock at no cash cost, granted as Dividend Equivalent RSUs under the company’s 2020 Incentive Compensation Plan in respect of cash dividends.

Dividend Equivalent RSUs tied to vested RSUs are fully vested at grant, while those tied to unvested RSUs will vest on the date the underlying RSUs vest, which is the company’s first annual meeting following the initial grant. The filing also notes several indirect Class A holdings held by trusts, and Golden disclaims beneficial ownership of those shares except to the extent of any pecuniary interest. Following this grant, she directly holds 7,767 Class A shares.

Positive

  • None.

Negative

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Insider GOLDEN MARGOT
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 21 $0.00 --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 7,767 shares (Direct, null); Class A Common Stock — 16,820 shares (Indirect, By trust.)
Footnotes (1)
  1. 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. The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
Dividend Equivalent RSUs granted 21 RSUs RSUs granted in respect of cash dividends on Class A Common Stock
Direct Class A shares after grant 7,767 shares Direct holdings of Margot Golden following the RSU grant
Largest trust-held indirect position 1,400,000 shares Indirect Class A Common Stock held by trust
Additional trust-held position 40,500 shares Indirect Class A Common Stock held by trust
Additional trust-held position 16,820 shares Indirect Class A Common Stock held by trust
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") acquired in respect of previously reported RSUs"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Dividend Equivalent RSUs financial
"cash dividends paid on The New York Times Company's Class A Common Stock ("Dividend Equivalent RSUs")."
2020 Incentive Compensation Plan financial
"awarded under The New York Times Company 2020 Incentive Compensation Plan"
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GOLDEN MARGOT

(Last)(First)(Middle)
THE NEW YORK TIMES COMPANY
620 EIGHTH AVENUE

(Street)
NEW YORK NEW YORK 10018

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NEW YORK TIMES CO [ NYT.A ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock(1)04/16/2026A21A$07,767D
Class A Common Stock16,820IBy trust.
Class A Common Stock40,500(2)IBy trust.
Class A Common Stock1,400,000(2)IBy trust.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
Remarks:
/s/ Scott Warren Goodman, as Attorney-in-fact for Margot Golden04/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Margot Golden report in this NYT Form 4 filing?

Margot Golden reported receiving 21 restricted stock units (RSUs) of New York Times Class A Common Stock. These RSUs were granted as dividend equivalents under the 2020 Incentive Compensation Plan, reflecting cash dividends paid on existing RSUs rather than an open-market purchase or sale.

What are Dividend Equivalent RSUs for New York Times (NYT)?

Dividend Equivalent RSUs are restricted stock units granted with a value equal to cash dividends on New York Times Class A shares. When linked to vested RSUs they are fully vested at grant, and when linked to unvested RSUs they vest when the underlying RSUs vest at the next annual meeting.

How many New York Times shares does Margot Golden hold directly after this filing?

After the reported grant, Margot Golden directly holds 7,767 shares of New York Times Class A Common Stock. This direct position is separate from larger indirect holdings reported as being held by trusts, which are disclosed with a different ownership status in the filing.

What indirect New York Times holdings are reported by trust in this Form 4?

The filing lists several indirect holdings of New York Times Class A Common Stock held by trusts, including positions of 1,400,000 shares, 40,500 shares, and 16,820 shares. These are shown as indirect ownership, with a footnote explaining that beneficial ownership is disclaimed except for any pecuniary interest.

Does Margot Golden claim full beneficial ownership of the trust-held NYT shares?

No. A footnote states that Margot Golden disclaims beneficial ownership of the trust-held shares except to the extent of any pecuniary interest. This means she acknowledges potential economic benefit but does not claim full voting or investment control over those indirectly held shares.

Is the 21‑share RSU grant a market transaction in NYT stock?

The 21‑share RSU grant is a compensation-related award, not a market trade. It reflects Dividend Equivalent RSUs credited under the 2020 Incentive Compensation Plan in connection with cash dividends, rather than shares bought or sold on the open market by Margot Golden.

When will the unvested Dividend Equivalent RSUs for NYT vest?

Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the same date the underlying unvested RSUs vest. According to the disclosure, that vesting date is the company’s first annual meeting following the initial grant of the original RSUs.