NYT Director Rachel Glaser Adds 110 RSUs; Owns 33,228 Shares
Form 4 – The New York Times Company (NYT) Director Rachel C. Glaser reported the automatic acquisition of 110 Class A common shares on 07/24/2025.
Rhea-AI Filing Summary
Form 4 – The New York Times Company (NYT)
Director Rachel C. Glaser reported the automatic acquisition of 110 Class A common shares on 07/24/2025. The shares were issued as dividend-equivalent restricted stock units (RSUs) under the 2020 Incentive Compensation Plan and carry a reported cost of $0, reflecting cash dividends paid on previously held RSUs. After this transaction, Glaser directly owns 33,228 Class A shares.
The filing represents a routine, non-cash increase in the director’s equity stake with no accompanying sales, option exercises, or changes in board role disclosed.
Positive
- Director's ownership increases, modestly aligning incentives with shareholders.
- No shares were sold, avoiding any negative insider-selling signal.
Negative
- Transaction size is immaterial; unlikely to affect market perception or insider ownership percentage.
Insights
TL;DR: Minor dividend-equivalent RSUs increase director’s stake; neutral market impact.
The 110-share award is a standard dividend-equivalent adjustment and lifts Rachel Glaser’s holdings to 33,228 NYT shares, an immaterial change relative to NYT’s 165 million basic shares outstanding. Because the shares were issued at no cost and there were no sales, the filing neither signals insider buying conviction nor negative sentiment. Overall, the event is administratively routine and should not influence valuation or trading dynamics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 110 | $0.00 | $0.00 |
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.
FAQ
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What was the transaction date disclosed in the Form 4 for NYT?
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