Form 4: Jacqueline Welch, EVP and CHRO of The New York Times Company, Reports Stock Transaction

Jacqueline Welch, EVP and CHRO of The New York Times Company, reports the disposition of 294 shares of Class A Common Stock to satisfy tax withholding obligations related to vesting restricted stock units.

Summary

• On February 18, 2025, Jacqueline Welch, the EVP and CHRO of The New York Times Company, disposed of 294 shares of Class A Common Stock.
• The transaction was executed to cover tax withholding obligations related to the vesting of stock-settled restricted stock units granted on February 18, 2022, under the company's 2020 Incentive Compensation Plan.
• The shares were disposed of at a price of $49.75 per share.
• Following the transaction, Welch directly owns 10,965 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard transaction related to executive compensation and tax obligations. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to compensation and tax obligations, which is a common occurrence.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small number of shares being transacted by an executive to cover tax obligations.

Key Dates