Form 4: New York Times CEO Sells Over 19,000 Shares of Class A Common Stock

Sentiment:

Insider Transaction Report


Meredith A. Kopit Levien, President and CEO of The New York Times Company, reported the sale of 19,260 shares of Class A Common Stock for approximately $1.09 million.

Summary

  • Meredith A. Kopit Levien, President and CEO of The New York Times Company (NYT), sold 19,260 shares of Class A Common Stock on June 2, 2025.
  • The shares were sold at a weighted average price of $56.82 per share, totaling approximately $1,094,377.20.
  • The sales occurred in multiple transactions with prices ranging from $56.310 to $57.175.
  • Following this transaction, Ms. Kopit Levien beneficially owns 123,337 shares of Class A Common Stock.
  • The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: A neutral score. While an insider sale can sometimes be viewed negatively, this is a routine disclosure of a transaction made under a 10b5-1 plan, indicating pre-planned sales rather than a reaction to new information. The sale amount is also not exceptionally large relative to the company's market capitalization or the insider's remaining holdings.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

  • The reporting person undertakes to provide to The New York Times Company, any security holder of The New York Times Company, or the staff of the Securities and Exchange Commission, upon request, the information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Industry Context

This insider transaction report is specific to The New York Times Company and does not provide broader industry trends or competitive analysis. Insider sales are a common occurrence across all industries for various personal financial planning reasons.

Comparison to Industry Standards

  • This document reports an insider stock transaction and does not contain financial results or operational metrics that can be directly compared to industry standards or specific comparable companies/projects. The transaction itself is a standard disclosure under SEC regulations.

Stakeholder Impact

  • Shareholders may observe this insider sale as a data point for their investment decisions, though sales under 10b5-1 plans are often pre-scheduled and not indicative of immediate sentiment changes.

Next Steps

  • The reporting person has undertaken to provide detailed information on the number of shares sold at each separate price within the reported range upon request from The New York Times Company, its security holders, or the SEC staff.

Key Dates

DateDescription
06/02/2025Date of transaction (sale of shares)
06/04/2025Date of SEC Form 4 filing

Keywords

New York Times Company, NYT, Meredith A. Kopit Levien, Insider Sale, Form 4, SEC Filing, Stock Transaction, CEO, Class A Common Stock

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