Form 4: NYT Director Rachel Glaser Boosts Stake with RSU Grant

New York Times Director Rachel Glaser acquired 81 shares of Class A Common Stock through Dividend Equivalent Restricted Stock Units, increasing her direct beneficial ownership to 33,409 shares.

Summary

• Rachel C. Glaser, a Director of The New York Times Company (NYT), acquired 81 shares of Class A Common Stock.
• The transaction occurred on January 16, 2026.
• These shares were acquired as Dividend Equivalent Restricted Stock Units (RSUs) at a price of $0.
• The RSUs were granted under The New York Times Company 2020 Incentive Compensation Plan, linked to cash dividends paid on Class A Common Stock.
• Following this transaction, Ms. Glaser directly beneficially owns 33,409 shares of Class A Common Stock.
• Dividend Equivalent RSUs granted for vested RSUs are immediately vested; those for unvested RSUs will vest on the date the underlying unvested RSUs vest, which is the date of the company's first annual meeting following the initial grant.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director is increasing their stake, albeit through a routine RSU grant tied to dividends, which aligns their interests with shareholders. It's not a strong positive as it's not an open market purchase.

Positives

• A Director, Rachel C. Glaser, increased her direct beneficial ownership in The New York Times Company by acquiring 81 shares of Class A Common Stock.
• The acquisition of Dividend Equivalent RSUs demonstrates continued alignment of director interests with shareholder returns through dividend reinvestment.

Negatives

• No negative aspects are directly indicated by this routine insider transaction filing.

Risks

• No specific risks are mentioned in this Form 4 filing.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Industry Context

This Form 4 filing reports a routine insider transaction, specifically the acquisition of shares by a director through a dividend equivalent RSU program. Such transactions are common in publicly traded companies and generally reflect standard compensation practices rather than broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: The acquisition of additional shares by a director, even through a routine RSU grant, can be viewed positively as it increases management's alignment with shareholder interests.
• Employees, Customers, Suppliers, Creditors: This specific filing is unlikely to have a direct or significant impact on these stakeholders.

Next Steps

• No specific future actions, events, or milestones are mentioned in this Form 4 filing.

Key Dates

Recommendation

This Form 4 filing details a routine acquisition of shares by a director through a dividend equivalent RSU program. While it shows continued alignment of director interests with shareholders, it does not provide new fundamental information about the company's financial performance, strategic direction, or market position that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals.

Keywords

New York Times, NYT, Rachel Glaser, Director, Insider Transaction, Form 4, Stock Acquisition, RSU, Dividend Equivalent RSUs, Corporate Governance