Form 4: NYT Director Golden Acquires Shares via Dividends

Arthur S. Golden, a director at The New York Times Company, acquired 49 Class A Common Stock shares through dividend equivalent restricted stock units.

Summary

• Arthur S. Golden, a Director of The New York Times Company, acquired 49 shares of Class A Common Stock.
• The acquisition occurred on January 16, 2026, and was made pursuant to a Rule 10b5-1 plan.
• These shares were acquired as Restricted Stock Units (RSUs), specifically 'Dividend Equivalent RSUs', granted in connection with cash dividends paid on the company's Class A Common Stock.
• The Dividend Equivalent RSUs were awarded under The New York Times Company 2020 Incentive Compensation Plan.
• Dividend Equivalent RSUs granted in respect of previously vested RSUs are fully vested at the time of grant.
• Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the same date as the underlying unvested RSUs, which is the date of the Company's first annual meeting following the initial grant.
• Following this transaction, Arthur S. Golden directly beneficially owns 20,508 shares of Class A Common Stock.
• Indirect beneficial ownership includes 1,400,000 shares by a trust, 69,518 shares by a spouse as trustee, and 42,073 shares by another trust.

Sentiment

Score: 5

Explanation: The filing details a routine insider transaction related to director compensation via dividend equivalent restricted stock units, which is a neutral event in terms of immediate company performance or outlook.

Positives

• The acquisition of additional shares, even through dividend equivalents, indicates continued ownership and alignment of interests between the director and shareholders.

Future Outlook

Dividend Equivalent RSUs granted in respect of unvested RSUs will vest on the date that such unvested RSUs vest, which is the date of the Company's first annual meeting following the initial grant.

Industry Context

This filing represents a routine insider transaction related to director compensation and does not provide specific insights into broader industry trends or competitive positioning for The New York Times Company.

Related Party Transactions

• Indirect beneficial ownership of 1,400,000 Class A Common Stock shares by a trust.
• Indirect beneficial ownership of 69,518 Class A Common Stock shares by a spouse as trustee.
• Indirect beneficial ownership of 42,073 Class A Common Stock shares by another trust.

Stakeholder Impact

• Shareholders: The transaction is a routine compensation event and does not have a direct material impact on shareholders, beyond reflecting standard director compensation practices.

Next Steps

• Vesting of unvested Dividend Equivalent RSUs on the date of the Company's first annual meeting following the initial grant of the underlying unvested RSUs.

Key Dates

Keywords

NYT, New York Times Company, Form 4, Insider Transaction, Stock Acquisition, Director, Restricted Stock Units, Dividend Equivalent RSUs, Corporate Governance, Compensation Plan