Form 4: Beth A. Brooke Acquires NYT Shares via Dividend Units
Statement of Changes in Beneficial Ownership
Director Beth A. Brooke acquired 54 shares of The New York Times Company Class A Common Stock through dividend equivalent units.
Summary
- Director Beth A. Brooke received 54 shares of Class A Common Stock on April 16, 2026.
- The acquisition was made in the form of Dividend Equivalent Restricted Stock Units (RSUs).
- These units were granted under the 2020 Incentive Compensation Plan in connection with cash dividends paid on the company's stock.
- Following this transaction, the director's total beneficial ownership stands at 19,822 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine disclosure of director equity holdings with no impact on company operations or financial outlook.
Positives
- The transaction reflects the director's ongoing participation in the company's dividend reinvestment program, signaling alignment with shareholder returns.
Negatives
- None.
Risks
- None.
Future Outlook
The filing does not provide forward-looking guidance regarding company performance, focusing solely on the director's equity holdings.
Industry Context
StockSavvy.ai notes that this is a routine administrative filing common among corporate directors, reflecting standard compensation and dividend reinvestment practices rather than a strategic shift or market-moving event.
Comparison to Industry Standards
- The acquisition of dividend equivalent units is a standard practice for non-executive directors in S&P 500 companies to maintain equity alignment.
- The transaction size is immaterial relative to the total market capitalization of The New York Times Company.
Stakeholder Impact
- No material impact on shareholders, employees, or creditors.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/16/2026 | Date of the transaction involving the acquisition of 54 shares. |
| 04/20/2026 | Date the Form 4 was signed and filed. |
Keywords
NYT, New York Times, Insider Trading, Form 4, Director Ownership, Dividend Equivalent
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