Form 4: Anuradha B. Subramanian Reports Acquisition of Dividend Equivalent RSUs in The New York Times Company

Director Anuradha B. Subramanian acquired additional Restricted Stock Units (RSUs) in The New York Times Company related to dividend equivalents.

Summary

• On April 18, 2024, Anuradha B. Subramanian, a director of The New York Times Company, acquired 5 shares of Class A Common Stock.
• These shares were obtained in the form of Restricted Stock Units (RSUs) related to cash dividends paid on the company's Class A Common Stock, known as Dividend Equivalent RSUs.
• The RSUs were acquired under The New York Times Company 2020 Incentive Compensation Plan.
• Following the transaction, Subramanian directly owns 1,817 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to insider transactions, indicating a neutral sentiment.

Industry Context

This filing reflects routine compensation practices within publicly traded companies, where directors and executives often receive stock-based compensation, including RSUs, as part of their overall remuneration.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the acquisition of RSUs by a director as part of their compensation.

Key Dates