Form 4: John W. Rogers Jr. Receives NYT Stock Grant
Director Equity Grant
Director John W. Rogers Jr. was granted 2,277 restricted stock units as part of The New York Times Company's incentive compensation plan.
Summary
- Director John W. Rogers Jr. acquired 2,277 shares of Class A Common Stock in the form of restricted stock units (RSUs).
- The grant was issued under The New York Times Company 2020 Incentive Compensation Plan.
- The transaction occurred on April 22, 2026, at a price of $0 per share.
- Following this transaction, the reporting person's total beneficial ownership is 54,492 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting of shares is contingent upon continued service on the Board of Directors.
Future Outlook
The restricted stock units vest on the date of the following Annual Meeting of Stockholders, with delivery of shares occurring within 90 days after the director ceases board membership.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure directors maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is consistent with standard practices among S&P 500 media and publishing companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock units under the 2020 Incentive Compensation Plan. | 04/22/2026 | Standard alignment of director incentives. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation event.
Next Steps
- Vesting of the restricted stock units at the next Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the restricted stock unit grant transaction. |
| 04/24/2026 | Date of filing for the Form 4. |
Keywords
New York Times, NYT, Insider Trading, Form 4, Director Compensation, Equity Grant
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