Form 4: Arthur S. Golden Receives NYT Stock Grant
Statement of Changes in Beneficial Ownership
Director Arthur S. Golden was granted 2,277 restricted stock units as part of The New York Times Company's 2020 Incentive Compensation Plan.
Summary
- Director Arthur S. Golden acquired 2,277 restricted stock units (RSUs) on April 22, 2026.
- The grant was issued under The New York Times Company 2020 Incentive Compensation Plan.
- Each RSU represents a contingent right to receive one share of Class A Common Stock.
- The units vest on the date of the next Annual Meeting of Stockholders.
- Following this transaction, the director's direct beneficial ownership of Class A Common Stock increased to 22,841 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
- Director alignment with shareholder interests through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
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 use of restricted stock units for director compensation is consistent with standard practices at major media companies like News Corp and Gannett.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation grant.
Next Steps
- Vesting of the 2,277 RSUs at the next Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the RSU grant transaction. |
| 04/24/2026 | Date the Form 4 was filed with the SEC. |
Keywords
New York Times, NYT, Form 4, Insider Trading, Director Compensation, Equity Grant
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