Form 4: Manuel Bronstein Receives NYT Stock Grant
Director Equity Grant
Director Manuel Bronstein was granted 2,277 restricted stock units by The New York Times Company.
Summary
- Director Manuel Bronstein received a grant of 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 total beneficial ownership for the director following this transaction is 20,343 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing 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.
Risks
- Vesting is contingent upon continued service on the Board of Directors.
Future Outlook
The RSUs vest on the date of the following 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 grant follows standard equity compensation structures for independent directors at large-cap media companies.
- The use of restricted stock units is consistent with industry practices for retention and alignment.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation event.
Next Steps
- Vesting of 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 of filing. |
Keywords
New York Times, NYT, Form 4, Insider Trading, Director Compensation, Equity Grant
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