Form 4: Rachel Glaser Reports Acquisition of New York Times Co Stock

Director Rachel Glaser acquired 3,589 shares of New York Times Co Class A Common Stock on April 30, 2025, through a grant of restricted stock units.

Summary

• Rachel Glaser, a director of The New York Times Company, reported a transaction on April 30, 2025.
• Glaser acquired 3,589 shares of Class A Common Stock.
• This acquisition was through a grant of stock-settled restricted stock units under the company's 2020 Incentive Compensation Plan.
• Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on the date of the following Annual Meeting of Stockholders.
• Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
• Following the transaction, Glaser beneficially owns 33,118 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting an insider transaction. The acquisition of shares by a director is generally viewed as a positive, but the document itself is simply a factual report.

Positives

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

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock units is tied to future Annual Meetings of Stockholders.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership changes of company stock by its directors.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's confidence in the company.

Next Steps

• The restricted stock units will vest at the next Annual Meeting of Stockholders.
• Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Rachel Glaser, New York Times Co, NYT, Stock Acquisition, Restricted Stock Units