Form 4: Anuradha B. Subramanian Receives Stock Grant from The New York Times Company
SEC Form 4 Filing
Director Anuradha B. Subramanian received 3,589 shares of Class A Common Stock in the form of restricted stock units from The New York Times Company.
Summary
- On April 30, 2025, Anuradha B. Subramanian, a director of The New York Times Company, acquired 3,589 shares of Class A Common Stock.
- The acquisition was in the form of stock-settled restricted stock units under the company's 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.
- Following the transaction, Subramanian beneficially owns 9,513 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction (stock grant) and doesn't contain any alarming or negative information. It's a neutral event with a slightly positive implication due to aligning director interests with shareholders.
Positives
- The grant of restricted stock units aligns the director's interests with those of the shareholders.
- The vesting schedule encourages continued service on the Board of Directors.
Future Outlook
The document does not contain any specific forward-looking statements regarding the company's future performance.
Industry Context
This is a standard SEC filing related to insider transactions, common for publicly traded companies to disclose changes in beneficial ownership by directors and officers.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: Anuradha B. Subramanian acquired restricted stock units. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Director, NYT, New York Times Company, Subramanian, Anuradha B.
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