Form 4: Margot Golden Tishler Reports Changes in Beneficial Ownership of New York Times Co. Stock

Director Margot Golden Tishler reports acquisition and disposal of New York Times Company Class A Common Stock, including dividend equivalent restricted stock units (RSUs).

Summary

• Margot Golden Tishler, a director of The New York Times Company, filed a Form 4 indicating changes in her beneficial ownership of the company's Class A Common Stock.
• The report details the acquisition of 14 shares of Class A Common Stock at $0, likely related to dividend equivalent restricted stock units (RSUs).
• Tishler also reported the disposal of 4,089 shares of Class A Common Stock.
• Following these transactions, Tishler directly owns no shares and indirectly owns 1,467,320 shares through trusts.
• The filing clarifies that Tishler disclaims beneficial ownership of the shares held in trust, except to the extent of any pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps maintain investor confidence by ensuring compliance with securities regulations.

Key Dates

Keywords

beneficial ownership, Form 4, New York Times Company, Class A Common Stock, Margot Golden Tishler, director, RSUs, dividends, trusts