Form 4: Director Amanpal Bhutani Acquires NYT Shares
Statement of Changes in Beneficial Ownership
Director Amanpal Singh Bhutani acquired 81 shares of The New York Times Company via dividend equivalent units.
Summary
- Director Amanpal Singh Bhutani acquired 81 shares of Class A Common Stock on April 16, 2026.
- The acquisition was made through the receipt of Dividend Equivalent Restricted Stock Units (RSUs).
- The transaction value was $0, as these units were issued in connection with cash dividends paid on existing holdings.
- Following this transaction, the director's total beneficial ownership stands at 29,772 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing that does not signal a change in company outlook or insider sentiment.
Positives
- Demonstrates continued alignment between director interests and shareholder dividend distributions.
- Reflects an increase in total equity stake held by a member of the board.
Negatives
- None identified; this is a routine administrative transaction related to dividend reinvestment.
Risks
- None identified; this is a standard equity compensation adjustment.
Future Outlook
The filing does not provide forward-looking guidance regarding company performance or strategy.
Industry Context
StockSavvy.ai notes that this filing is a routine disclosure of director compensation adjustments, which is standard practice for publicly traded companies following dividend payments.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices for equity-based compensation and dividend reinvestment programs among S&P 500 companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard dividend-related equity adjustment.
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 81 shares. |
| 04/20/2026 | Date of the filing signature. |
Keywords
New York Times, NYT, Insider Trading, Form 4, Director Ownership, Dividend Equivalents
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