Form 4: Margot Golden Tishler Reports Acquisition of New York Times Co Stock

Director Margot Golden Tishler reports acquisition of 4,048 shares of New York Times Co Class A Common Stock through a grant of stock-settled restricted stock units.

Summary

• Margot Golden Tishler, a director of The New York Times Company, reported a transaction on April 24, 2024.
• Tishler acquired 4,048 shares of Class A Common Stock through a grant of stock-settled restricted stock units under the company's 2020 Incentive Compensation Plan.
• These restricted stock units represent a contingent right to receive one share of Class A Common Stock and vest on the date of the following Annual Meeting of Stockholders.
• Vested shares will be delivered within 90 days following the cessation of Tishler's membership on the Board of Directors.
• Tishler also indirectly owns 16,820 shares, 40,500 shares and 1,400,000 shares of Class A Common Stock by trust, but disclaims beneficial ownership except to the extent of any pecuniary interest therein.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative performance for the company.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The vesting of the restricted stock units is contingent on the date of the following Annual Meeting of Stockholders and delivery of vested shares will occur within 90 days following the cessation of Tishler's membership on the Board of Directors.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors and their holdings in the company's stock.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates