Diane Brayton - 26 Feb 2025 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
EVP, CHIEF LEGAL OFFICER
Signature
/s/ Michael A. Brown, Attorney-in-fact for Diane Brayton
Issuer symbol
NYT
Transactions as of
26 Feb 2025
Net transactions value
-$816,839
Form type
4
Filing time
28 Feb 2025, 19:11:04 UTC
Previous filing
25 Feb 2025
Next filing
04 Jun 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 +16,968 +46% $0.000000 54,096 26 Feb 2025 Direct F1
transaction NYT Class A Common Stock Tax liability $337,889 -7,057 -13% $47.88 47,039 26 Feb 2025 Direct F2
transaction NYT Class A Common Stock Award $0 +5,840 +12% $0.000000 52,879 26 Feb 2025 Direct F3
transaction NYT Class A Common Stock Sale $478,950 -10,000 -19% $47.90 42,879 27 Feb 2025 Direct F4
* 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.880 to $47.955, inclusive. The reporting person undertakes to provide to The New York Times Company, any security holder of The New York Times Company, or the staff of the Securities and Exchange Commission, upon request, the information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.