NYT (NYSE: NYT) director receives 2,277 stock unit award
Rhea-AI Filing Summary
GOLDEN MARGOT reported acquisition or exercise transactions in this Form 4 filing.
New York Times Company director Margot Golden reported a compensation-related grant of 2,277 stock‑settled restricted stock units of Class A Common Stock under the company’s 2020 Incentive Compensation Plan. Each unit represents a contingent right to receive one share of Class A Common Stock.
The units vest on the date of the following Annual Meeting of Stockholders, and vested shares will be delivered within 90 days after Golden’s service on the Board ends. Following this grant, she holds 10,044 Class A shares directly, in addition to indirect holdings held by trusts for which she disclaims beneficial ownership except to any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,277 shares
Net Buy
4 txns
Insider
GOLDEN MARGOT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,277 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 10,044 shares (Direct);
Class A Common Stock — 1,457,320 shares (Indirect, By trust.)
Footnotes (2)
- F1. Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders. Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
- F2. The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein.
Key Figures
RSU grant size: 2,277 units
Grant price: $0.0000 per share
Direct holdings after grant: 10,044 shares
+3 more
6 metrics
RSU grant size
2,277 units
Stock-settled restricted stock units granted to director
Grant price
$0.0000 per share
Compensation grant, not open-market purchase
Direct holdings after grant
10,044 shares
Class A Common Stock held directly by Margot Golden
Indirect trust holding 1
1,400,000 shares
Class A Common Stock held indirectly by trust
Indirect trust holding 2
40,500 shares
Additional Class A Common Stock held indirectly by trust
Indirect trust holding 3
16,820 shares
Additional Class A Common Stock held indirectly by trust
Key Terms
restricted stock units, 2020 Incentive Compensation Plan, Annual Meeting of Stockholders, pecuniary interest, +1 more
5 terms
restricted stock units financial
"Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Incentive Compensation Plan financial
"Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan."
Annual Meeting of Stockholders financial
"Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders."
pecuniary interest financial
"The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein."
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these shares except to the extent of any pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did NYT director Margot Golden report in this Form 4 for NYT?
Margot Golden reported receiving 2,277 restricted stock units of New York Times Class A Common Stock as a compensation grant. The units were issued under the 2020 Incentive Compensation Plan and are stock‑settled, meaning each unit may convert into one share when it vests.
When do Margot Golden’s NYT restricted stock units vest and settle?
The restricted stock units vest on the date of the following Annual Meeting of Stockholders. According to the disclosure, vested shares will then be delivered within 90 days after Margot Golden’s membership on the New York Times Board of Directors ends, rather than immediately upon vesting.
Is Margot Golden’s NYT Form 4 transaction a market purchase or sale?
The Form 4 shows a grant of 2,277 restricted stock units with a transaction code A, indicating a grant or award. The transaction price per share is reported as 0.0000, confirming it is a compensation grant, not an open‑market purchase or sale of New York Times stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
