Form 4: Amanpal Singh Bhutani Reports Changes in Beneficial Ownership of New York Times Co Stock

Amanpal Singh Bhutani, a director of The New York Times Company, reported the acquisition of 91 shares of Class A Common Stock due to dividend equivalent restricted stock units.

Summary

• On April 17, 2025, Amanpal Singh Bhutani, a director of The New York Times Company, reported a transaction involving the company's Class A Common Stock.
• Bhutani acquired 91 shares of Class A Common Stock at an unspecified price.
• This acquisition was due to dividend equivalent restricted stock units (RSUs) related to previously reported RSUs awarded under the company's 2020 Incentive Compensation Plan.
• Following the transaction, Bhutani directly owns 25,845 shares of Class A Common Stock.
• The 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.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. There are no indications of positive or negative performance, just standard procedure.

Industry Context

This filing is a routine disclosure related to insider transactions and compensation plans, common among publicly traded companies.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders as it involves a small number of shares acquired through existing compensation plans.

Key Dates

Keywords

beneficial ownership, Form 4, New York Times Co, NYT, Amanpal Singh Bhutani, director, Class A Common Stock, dividend equivalent RSUs, restricted stock units, 2020 Incentive Compensation Plan