Director Amanpal Singh Bhutani filed a Form 4 with the SEC on October 26, 2026, reporting the acquisition of 103 Class A Common Stock Restricted Stock Units at New York Times Co (NASDAQ:NYT) on October 22, 2026.

Key Highlights

  • Security acquired: 103 shares of Class A Common Stock via Restricted Stock Units, acquired on October 22, 2026, at a price of $0.
  • Transaction code: A (acquisition), reported as directly owned.
  • Resulting ownership: Bhutani beneficially owns 32,250 shares of Class A Common Stock directly following the transaction.
  • Nature of RSUs: The units are Dividend Equivalent RSUs awarded in connection with previously reported RSUs under The New York Times Company 2020 Incentive Compensation Plan, with a value equal to cash dividends paid on Class A Common Stock.
  • Vesting terms: Dividend Equivalent RSUs granted in respect of vested RSUs are fully vested at grant; those granted in respect of unvested RSUs vest on the date the underlying unvested RSUs vest, which is the date of the company's first annual meeting following the initial grant.
  • Reporting person role: Bhutani is identified as a Director of New York Times Co.

Bhutani's October 2026 Dividend Equivalent RSU Grant at New York Times

According to the filing, director Amanpal Singh Bhutani received 103 Class A Common Stock Restricted Stock Units from New York Times Co (NASDAQ:NYT) on October 22, 2026. The transaction was coded "A" for acquisition, and the price per unit was reported as $0, consistent with the nature of dividend equivalent awards. The filing was signed by Amanda Schwarzenbart as attorney-in-fact for Bhutani and submitted on October 26, 2026.

The filing explains that the RSUs were acquired "in respect of previously reported RSUs awarded under The New York Times Company 2020 Incentive Compensation Plan in connection with, and with a value equal to, cash dividends paid on The New York Times Company's Class A Common Stock." These are described in the filing as "Dividend Equivalent RSUs." Following this acquisition, Bhutani's direct beneficial ownership of Class A Common Stock stands at 32,250 shares, according to the filing.

As disclosed in the filing's footnote, the vesting treatment of these Dividend Equivalent RSUs depends on whether the underlying RSUs they relate to were already vested or remain unvested at the time of grant. Those tied to already-vested RSUs are "fully vested at grant," while those tied to 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," the filing states.

What Was Disclosed

Director Amanpal Singh Bhutani reported the acquisition of 103 Dividend Equivalent RSUs in Class A Common Stock of New York Times Co on October 22, 2026, at $0, bringing his total direct beneficial ownership to 32,250 shares.