Form 4: Rachel Glaser Acquires Additional New York Times Company Stock Through Dividend Equivalent RSUs

Director Rachel Glaser acquired 104 shares of New York Times Company Class A Common Stock through dividend equivalent restricted stock units (RSUs).

Summary

• On April 17, 2025, Rachel Glaser, a director of The New York Times Company, acquired 104 shares of Class A Common Stock.
• The acquisition was made through dividend equivalent restricted stock units (RSUs) at a price of $0.
• These RSUs were granted in respect of previously reported RSUs awarded under the company's 2020 Incentive Compensation Plan and are equivalent to cash dividends paid on the company's Class A Common Stock.
• Following the transaction, Glaser beneficially owns 29,529 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction. It's neither overwhelmingly positive nor negative, but rather a standard part of executive compensation.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This type of transaction, involving dividend equivalent RSUs, is a common practice for compensating and incentivizing company directors and executives.

Stakeholder Impact

• The transaction has a minor positive impact on shareholder confidence due to insider buying.

Key Dates

Keywords

New York Times Company, Rachel Glaser, Director, Class A Common Stock, Dividend Equivalent RSUs, Beneficial Ownership, SEC Form 4