NYT director granted 81 dividend RSUs

NEW YORK TIMES CO director Amanpal Singh Bhutani acquired 81 shares of Class A Common Stock through a grant of dividend-equivalent restricted stock units.

Rhea-AI Filing Summary

NEW YORK TIMES CO director Amanpal Singh Bhutani acquired 81 shares of Class A Common Stock through a grant of dividend-equivalent restricted stock units. These RSUs were issued under the company’s 2020 Incentive Compensation Plan in connection with cash dividends on Class A shares and carried no cash purchase price.

Following this award, Bhutani directly holds 29,772 shares of Class A Common Stock. Dividend-equivalent RSUs tied to already-vested RSUs are fully vested at grant, while those linked to unvested RSUs will vest on the same date that the underlying RSUs vest, at the company’s first annual meeting following the initial grant.

Insider Trade Summary

Grant/Award: 81 shares

Grant/Award 1 txn

Insider Bhutani Amanpal Singh

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	81	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 29,772 shares (Direct)

Footnotes (1)

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.

Key Figures

RSUs granted: 81 shares Transaction price per share: $0.0000 Shares held after transaction: 29,772 shares

3 metrics

RSUs granted 81 shares Dividend-equivalent RSUs on 2026-04-16

Transaction price per share $0.0000 Grant of dividend-equivalent RSUs

Shares held after transaction 29,772 shares Class A Common Stock held directly after grant

Key Terms

Restricted Stock Units ("RSUs"), Dividend Equivalent RSUs, 2020 Incentive Compensation Plan, vested RSUs, +1 more

5 terms

Restricted Stock Units ("RSUs") financial

"Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded..."

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

"...RSUs awarded under The New York Times Company 2020 Incentive Compensation Plan in connection with..."

vested RSUs financial

"Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant."

unvested RSUs financial

"Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the date..."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NYT director Amanpal Singh Bhutani report on this Form 4?

Bhutani reported acquiring 81 shares of Class A Common Stock via dividend-equivalent restricted stock units. These units were granted at no cash cost under The New York Times Company 2020 Incentive Compensation Plan, linked to cash dividends on existing RSU awards.

How many NEW YORK TIMES CO (NYT) shares does Bhutani hold after this RSU grant?

After the grant, Bhutani directly holds 29,772 shares of NYT Class A Common Stock. This total includes the 81 dividend-equivalent RSUs credited in respect of cash dividends on previously awarded RSUs under the company’s 2020 Incentive Compensation Plan.

What are dividend-equivalent RSUs in the context of NYT’s 2020 Incentive Compensation Plan?

Dividend-equivalent RSUs are restricted stock units granted with a value equal to cash dividends paid on NYT Class A shares. They are awarded in respect of existing RSUs, mirroring dividends shareholders receive, and follow specific vesting rules depending on whether the underlying RSUs are vested or unvested.

How do the newly granted NYT dividend-equivalent RSUs vest for Amanpal Singh Bhutani?

Dividend-equivalent RSUs tied to vested RSUs are fully vested at grant. Those linked to unvested RSUs will vest on the same date the underlying unvested RSUs vest, which is the date of the company’s first annual meeting following the initial grant of those RSUs.

Did Bhutani pay any cash to acquire the 81 NYT dividend-equivalent RSUs?

No, Bhutani did not pay cash for these shares. The filing shows a per-share transaction price of 0.0000, reflecting that the 81 dividend-equivalent RSUs were granted as a compensation-related award tied to cash dividends, not purchased on the open market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/20/2026 - 06:05 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Bhutani Amanpal Singh

(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 ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock(1)	04/16/2026		A		81	A	$0	29,772	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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.

Remarks:

	/s/ Michael A. Brown, Attorney-in-fact for Amanpal S. Bhutani	04/20/2026
	** Signature of Reporting Person	Date
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)