Meredith A. Kopit Levien - Feb 26, 2025 Form 4 Insider Report for NEW YORK TIMES CO (NYT)

Signature
/s/ Michael A. Brown, Attorney-in-fact for Meredith A. Kopit Levien
Stock symbol
NYT
Transactions as of
Feb 26, 2025
Transactions value $
-$2,288,185
Form type
4
Date filed
2/28/2025, 07:06 PM
Previous filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NYT Class A Common Stock Award $0 +93.6K +128.25% $0.00 167K Feb 26, 2025 Direct F1
transaction NYT Class A Common Stock Tax liability -$2.29M -47.8K -28.68% $47.88 119K Feb 26, 2025 Direct F2
transaction NYT Class A Common Stock Award $0 +23.8K +20.02% $0.00 143K Feb 26, 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.