Form 4: Beth A. Brooke Reports Acquisition of New York Times Co Stock

Beth A. Brooke, a director of The New York Times Company, reported the acquisition of 3,589 shares of Class A Common Stock on April 30, 2025, through a grant of stock-settled restricted stock units.

Summary

• On April 30, 2025, Beth A. Brooke, a director of The New York Times Company, acquired 3,589 shares of Class A Common Stock.
• The acquisition was made through 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 on the date of the following Annual Meeting of Stockholders.
• Vested shares will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.
• Following the transaction, Brooke beneficially owns 19,596 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of stock options being granted to a board member. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

Vested shares from the restricted stock units will be delivered within 90 days following the cessation of the reporting person's membership on the Board of Directors.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies.

Stakeholder Impact

• The acquisition of shares by a director could be viewed positively by shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, Director, Stock Acquisition, Restricted Stock Units, NYT, New York Times Company, Beth A. Brooke