NYT director McAndrews gets 132 dividend RSUs
The New York Times Company director Brian P. McAndrews reported acquiring 132 shares of Class A Common Stock on January 16, 2026 at a price of $0 per share.
Rhea-AI Filing Summary
The New York Times Company director Brian P. McAndrews reported acquiring 132 shares of Class A Common Stock on January 16, 2026 at a price of $0 per share. These shares reflect dividend-equivalent restricted stock units (RSUs) granted under the company’s 2020 Incentive Compensation Plan, with a value equal to cash dividends paid on the Class A stock. Dividend-equivalent RSUs tied to previously vested RSUs are fully vested at grant, while those tied to unvested RSUs will vest on the date those original RSUs vest, which is the date of the company’s first annual meeting following the initial grant. After this transaction, McAndrews beneficially owned 57,570 shares directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 132 | $0.00 | $0.00 |
Footnotes (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.
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What insider transaction did NYT director Brian P. McAndrews report?
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