Arthur G. Sulzberger - 26 Feb 2025 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Role
Chairman and Publisher, Director
Signature
/s/ Scott Warren Goodman as Attorney-in-fact for Arthur G. Sulzberger
Issuer symbol
NYT
Transactions as of
26 Feb 2025
Net transactions value
-$1,042,970
Form type
4
Filing time
28 Feb 2025, 20:41:25 UTC
Previous filing
25 Feb 2025
Next filing
05 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYT.A Class A Common Stock Award $0 +41,563 +37% $0.000000 155,319 26 Feb 2025 Direct F1
transaction NYT.A Class A Common Stock Tax liability $1,042,970 -21,783 -14% $47.88 133,536 26 Feb 2025 Direct F2
transaction NYT.A Class A Common Stock Award $0 +14,666 +11% $0.000000 148,202 26 Feb 2025 Direct F3
holding NYT.A Class A Common Stock 60,323 26 Feb 2025 By trust.
holding NYT.A Class A Common Stock 4,825 26 Feb 2025 By trust.
holding NYT.A Class A Common Stock 1,554 26 Feb 2025 As UTMA custodian for minor child.
holding NYT.A Class A Common Stock 1,400,000 26 Feb 2025 By trust.
* 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.