New York Times (NYT) director receives 88 dividend equivalent RSUs in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
New York Times Co director John W. Rogers Jr. acquired 88 shares of Class A Common Stock on April 16, 2026 through a grant valued at $0.00 per share. This award reflects dividend equivalent restricted stock units tied to previously awarded RSUs under the company’s incentive compensation plan.
Following this grant, Rogers directly holds 52,215 shares of Class A Common Stock. Dividend equivalent RSUs granted on vested RSUs are fully vested at grant, while those tied to unvested RSUs vest when the related RSUs vest, at the first annual meeting following the initial grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROGERS JOHN W JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 88 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 52,215 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares acquired: 88 shares
Grant price: $0.00 per share
Shares held after: 52,215 shares
+1 more
4 metrics
Shares acquired
88 shares
Grant of Class A Common Stock on April 16, 2026
Grant price
$0.00 per share
Price for dividend equivalent RSU grant
Shares held after
52,215 shares
Direct Class A Common Stock ownership after transaction
Transaction date
April 16, 2026
Date of RSU-related acquisition
Key Terms
Restricted Stock Units ("RSUs"), Dividend Equivalent RSUs, 2020 Incentive Compensation Plan
3 terms
Restricted Stock Units ("RSUs") financial
"Restricted Stock Units ("RSUs") acquired in respect of previously reported RSUs awarded under The New York Times Company 2020 Incentive Compensation Plan"
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, and with a value equal to, cash dividends"
FAQ
What did NYT director John W. Rogers Jr. report in this Form 4?
John W. Rogers Jr. reported acquiring 88 shares of New York Times Class A Common Stock via a grant priced at $0.00 per share. The award came as dividend equivalent restricted stock units linked to previously awarded RSUs under the company’s 2020 incentive compensation plan.
What are dividend equivalent RSUs in the NYT 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 under the 2020 Incentive Compensation Plan, mirroring dividends shareholders receive while maintaining RSU-based compensation structure.
When do NYT dividend equivalent RSUs vest for John W. Rogers Jr.?
Dividend equivalent RSUs granted on vested RSUs are fully vested at grant. Those granted on unvested RSUs will vest when the underlying RSUs vest, which occurs on the date of New York Times’ first annual meeting following the initial restricted stock unit grant.