Form 4: New York Times CEO Meredith Kopit Levien Sells 19,869 Shares

Sentiment:

SEC Form 4 Filing


Meredith A. Kopit Levien, President & CEO of The New York Times Company, sold 19,869 shares of Class A Common Stock at an average price of $50.5258 on February 13, 2025.

Summary

  • On February 13, 2025, Meredith A. Kopit Levien, the President & CEO of The New York Times Company, sold 19,869 shares of Class A Common Stock.
  • The sale was executed at a weighted average price of $50.5258 per share.
  • Following the transaction, Ms. Kopit Levien directly owns 81,903 shares of The New York Times Company.
  • The shares were sold in multiple transactions at prices ranging from $50.330 to $50.750, inclusive.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could be influenced by various factors.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It is important to consider the context of the sale, such as the executive's overall holdings and any stated reasons for the transaction.

Stakeholder Impact

  • Shareholders may react to the news of the CEO's stock sale, potentially impacting the stock price.

Key Dates

DateDescription
02/13/2025Date of transaction: Meredith A. Kopit Levien sold shares of NYT.
02/18/2025Date of filing: Form 4 filing date.

Keywords

Form 4, SEC, New York Times Company, NYT, Meredith Kopit Levien, Insider Trading, Stock Sale, Executive

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