Form 4: John W. Rogers Jr. Reports Acquisition of New York Times Co. Stock

Director John W. Rogers Jr. acquired 64 shares of New York Times Co. Class A Common Stock due to dividend equivalent rights.

Summary

• On October 24, 2024, John W. Rogers Jr., a director of The New York Times Company, acquired 64 shares of Class A Common Stock.
• The acquisition was due to dividend equivalent restricted stock units (RSUs) related to previously reported RSUs awarded under the company's 2020 Incentive Compensation Plan.
• These RSUs are equivalent to cash dividends paid on The New York Times Company's Class A Common Stock.
• The price per share was $0.
• Following the transaction, Rogers directly owns 48,094 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to stock ownership. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of their confidence in the company's prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend equivalents.

Key Dates