Form 4: New York Times Company Executive Jacqueline Welch Reports Stock Disposals for Tax Obligations

Jacqueline Welch, EVP and CHRO of The New York Times Company, reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Jacqueline Welch, an executive at The New York Times Company, filed a Form 4 detailing changes in her beneficial ownership of company stock.
• On February 21, 2025, she disposed of 386 shares of Class A Common Stock at $48.76 per share to satisfy tax obligations related to vesting restricted stock units.
• On February 24, 2025, she disposed of 428 shares of Class A Common Stock at $48.03 per share for similar tax withholding purposes.
• Following these transactions, Welch directly owns 10,151 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a routine filing related to tax obligations, and doesn't necessarily reflect a positive or negative sentiment towards the company's prospects.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation packages and tax obligations. These transactions are closely monitored by investors for insights into management's perspective on the company's performance and future prospects.

Stakeholder Impact

• The transactions have a minimal impact on shareholders, as they are related to tax obligations and do not represent a significant change in ownership.

Key Dates