Form 4: Anuradha B. Subramanian Reports Acquisition of New York Times Co Stock

Sentiment:

SEC Form 4 Filing


Director Anuradha B. Subramanian acquired 13 shares of New York Times Co Class A Common Stock on October 24, 2024, as Dividend Equivalent RSUs.

Summary

  • On October 24, 2024, Anuradha B. Subramanian, a director of The New York Times Company, acquired 13 shares of Class A Common Stock.
  • The acquisition was made through Dividend Equivalent Restricted Stock Units (RSUs) at a price of $0.
  • Following the transaction, Subramanian directly owns 5,891 shares of The New York Times Company.
  • The RSUs were acquired in respect of previously reported RSUs awarded under The New York Times Company 2020 Incentive Compensation Plan and are equal to cash dividends paid on the company's Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation. It doesn't indicate a significant positive or negative outlook.

Positives

  • The acquisition of shares by a director signals confidence in the company's performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.

Stakeholder Impact

  • The transaction has a minor positive impact on shareholders as it signals insider confidence.

Key Dates

DateDescription
10/24/2024Date of transaction: Anuradha B. Subramanian acquired 13 shares of Class A Common Stock.
10/28/2024Date of signature on the Form 4 filing.

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