Form 4: Amanpal Singh Bhutani Receives NYT Stock Grant

Director Amanpal Singh Bhutani was granted 2,277 restricted stock units as part of The New York Times Company's incentive compensation plan.

Summary

• Amanpal Singh Bhutani, a Director at The New York Times Company, acquired 2,277 restricted stock units (RSUs).
• The transaction occurred on April 22, 2026.
• The RSUs were granted under the 2020 Incentive Compensation Plan at a price of $0.
• Following this transaction, the reporting person's total beneficial ownership of Class A Common Stock is 32,049 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None.

Risks

• Vesting of shares is contingent upon continued service on the Board of Directors.

Future Outlook

The restricted stock units vest on the date of the next Annual Meeting of Stockholders, with delivery of shares occurring within 90 days following the cessation of the director's board membership.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between directors and shareholders in the media and publishing sector.

Comparison to Industry Standards

• The grant of RSUs as part of an incentive compensation plan is consistent with standard director compensation packages for S&P 500 companies.
• The structure of the grant aligns with typical retention strategies used by major media organizations.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation disclosure.

Next Steps

• Vesting of the 2,277 RSUs at the next Annual Meeting of Stockholders.

Key Dates

Keywords

New York Times, NYT, Form 4, Director Compensation, Insider Transaction, Equity Grant