Jacqueline M. Welch - 26 Feb 2025 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
EVP and CHRO
Signature
/s/ Michael A. Brown, Attorney-in-fact for Jacqueline Welch
Issuer symbol
NYT
Transactions as of
26 Feb 2025
Net transactions value
-$195,686
Form type
4
Filing time
28 Feb 2025, 19:07:51 UTC
Previous filing
25 Feb 2025
Next filing
02 Sep 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYT Class A Common Stock Award $0 +11,330 +112% $0.000000 21,481 26 Feb 2025 Direct F1
transaction NYT Class A Common Stock Tax liability $195,686 -4,087 -19% $47.88 17,394 26 Feb 2025 Direct F2
transaction NYT Class A Common Stock Award $0 +2,576 +15% $0.000000 19,970 26 Feb 2025 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from December 27, 2021, to December 31, 2024, pursuant to a performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan.
F2 Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to shares acquired pursuant to the performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan.
F3 Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests in three equal annual installments beginning on February 26, 2026, assuming continued employment through the applicable vesting date.