Form 4: Arthur G. Sulzberger Reports Stock Transaction to Satisfy Tax Obligations
SEC Form 4 Filing
Arthur G. Sulzberger, Chairman and Publisher of The New York Times Company, reports a transaction involving Class A Common Stock to cover tax withholding obligations.
Summary
- On February 18, 2025, Arthur G. Sulzberger disposed of 1,250 shares of Class A Common Stock at a price of $49.75 per share.
- This transaction was to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Sulzberger directly owns 117,607 shares of Class A Common Stock.
- Sulzberger also indirectly owns 60,323 shares by trust, 4,825 shares by trust, 1,554 shares as UTMA custodian for a minor child, and 1,400,000 shares by trust.
Sentiment
Score: 7
Explanation: Neutral sentiment as it reports a routine transaction related to tax obligations. No indication of positive or negative performance.
Industry Context
This is a routine Form 4 filing related to executive compensation and tax obligations, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/18/2022 | Date of grant for the stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. |
| 02/18/2025 | Date of transaction: disposal of shares to satisfy tax withholding obligations. |
| 02/20/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Arthur G. Sulzberger, New York Times Company, NYT.A, Class A Common Stock, Tax Withholding, Restricted Stock Units
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