NYT (NYSE: NYT) director granted 2,277 Class A restricted stock units
Rhea-AI Filing Summary
GOLDEN ARTHUR S. reported acquisition or exercise transactions in this Form 4 filing.
New York Times Company director Arthur S. Golden received a grant of 2,277 stock-settled restricted stock units of Class A Common Stock. These units were awarded under The New York Times Company 2020 Incentive Compensation Plan at no cash cost per share.
Each restricted stock unit represents a contingent right to 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 after Golden’s service on the Board of Directors ends. Following this grant, he holds 22,841 Class A shares directly, with additional indirect holdings reported through trusts and a spouse as trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,277 shares
Net Buy
4 txns
Insider
GOLDEN ARTHUR S.
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 — 22,841 shares (Direct);
Class A Common Stock — 1,442,073 shares (Indirect, By trust.);
Class A Common Stock — 69,518 shares (Indirect, By spouse as trustee.)
Footnotes (1)
- 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.
Key Figures
RSU grant: 2,277 units
Grant price: $0.0000 per share
Direct holdings after grant: 22,841 shares
+3 more
6 metrics
RSU grant
2,277 units
Stock-settled restricted stock units granted to director
Grant price
$0.0000 per share
Stated price per share for RSU grant
Direct holdings after grant
22,841 shares
NYT Class A Common Stock held directly after transaction
Indirect trust holding 1
42,073 shares
NYT Class A Common Stock held indirectly by trust
Indirect spouse-trust holding
69,518 shares
NYT Class A Common Stock held indirectly by spouse as trustee
Indirect trust holding 2
1,400,000 shares
NYT Class A Common Stock held indirectly by trust
Key Terms
restricted stock units, 2020 Incentive Compensation Plan, Annual Meeting of Stockholders, Class A Common Stock
4 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."
Class A Common Stock 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."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did NYT director Arthur S. Golden receive in this Form 4 filing?
Arthur S. Golden received 2,277 stock-settled restricted stock units of NYT Class A Common Stock. These were granted under the 2020 Incentive Compensation Plan as a compensation award, not an open-market purchase, at a stated price of $0.0000 per share.
How do the 2,277 NYT restricted stock units for Arthur S. Golden vest?
The 2,277 restricted stock units vest on the date of the following Annual Meeting of Stockholders. Each vested unit converts into one share of Class A Common Stock, aligning director compensation timing with the company’s annual stockholder meeting schedule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
