STOCK TITAN

New York Times (NYT) director receives 92 dividend-equivalent RSUs as added equity

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

Rhea-AI Filing Summary

The New York Times Company director Rachel C. Glaser received additional equity compensation in the form of dividend-equivalent restricted stock units. On this award date, she acquired 92 shares of Class A Common Stock at no cost, reflecting RSUs granted in connection with cash dividends on existing RSUs.

Following this grant, Glaser directly holds 33,501 shares of Class A Common Stock. Dividend equivalent RSUs tied to vested RSUs are fully vested immediately, while those tied to unvested RSUs will vest on the same date the underlying RSUs vest, which is the company’s first annual meeting following the initial grant.

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Insider Glaser Rachel C
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 92 $0.00 --
Holdings After Transaction: Class A Common Stock — 33,501 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 92 shares Dividend-equivalent RSUs on Class A Common Stock
Shares held after grant 33,501 shares Direct Class A Common Stock holdings following transaction
Grant price $0.00 per share Compensation grant, not an open-market purchase
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
"RSUs awarded under The New York Times Company 2020 Incentive Compensation Plan"
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*
Glaser Rachel C

(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)
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)04/16/2026A92A$033,501D
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.
Remarks:
/s/ Michael A. Brown, Attorney-in-fact for Rachel Glaser04/20/2026
** 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 New York Times (NYT) director Rachel C. Glaser report on this Form 4?

Rachel C. Glaser reported an acquisition of 92 shares of Class A Common Stock as equity compensation. These shares arose from dividend-equivalent RSUs linked to previously awarded RSUs under the 2020 Incentive Compensation Plan, and were received at no cash cost.

How many New York Times (NYT) shares does Rachel C. Glaser hold after this transaction?

After this transaction, Rachel C. Glaser directly holds 33,501 shares of New York Times Class A Common Stock. This total reflects the addition of 92 shares granted via dividend-equivalent RSUs tied to prior RSU awards under the company’s 2020 Incentive Compensation Plan.

Was the New York Times (NYT) Form 4 transaction an open-market purchase or a compensation grant?

The transaction was a compensation-related grant, not an open-market purchase. Glaser acquired 92 shares at a reported price of $0.00 per share, representing dividend-equivalent RSUs issued in respect of cash dividends on previously granted restricted stock units.

What are dividend-equivalent RSUs in the New York Times (NYT) filing?

Dividend-equivalent RSUs are restricted stock units granted with a value equal to cash dividends paid on Class A Common Stock. They are issued in respect of previously reported RSUs, effectively crediting additional RSUs instead of cash when dividends are paid on outstanding shares.

How do vesting terms work for the dividend-equivalent RSUs in the NYT Form 4?

Dividend-equivalent RSUs tied to vested RSUs are fully vested when granted. Those tied to unvested RSUs will vest when the underlying unvested RSUs vest, which occurs on the date of the company’s first annual meeting following the initial RSU grant, according to the disclosure.

Under which plan were the New York Times (NYT) dividend-equivalent RSUs granted to Rachel C. Glaser?

The dividend-equivalent RSUs were granted under The New York Times Company 2020 Incentive Compensation Plan. They arise in respect of previously reported RSUs when cash dividends are paid on the company’s Class A Common Stock, providing additional stock-based compensation.