Form 4: New York Times SVP, Treasurer & CAO Sells Shares Valued Over $112,000
Insider Transaction Report
R. Anthony Benten, Senior Vice President, Treasurer & Chief Accounting Officer of The New York Times Company, reported the sale of 1,990 shares of Class A Common Stock.
Summary
- R. Anthony Benten, SVP, Treasurer & CAO of The New York Times Company (NYT), sold 1,990 shares of Class A Common Stock.
- The transaction occurred on May 30, 2025, at a weighted average price of $56.746 per share.
- The shares were sold in multiple transactions with prices ranging from $56.410 to $56.900.
- Following this sale, Mr. Benten beneficially owns 39,685 shares of Class A Common Stock.
- The total value of the shares sold is approximately $112,924.40 (1,990 shares * $56.746).
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale, which is a common event and does not inherently indicate a strong positive or negative sentiment for the company's overall performance or outlook. The volume of shares sold is relatively small.
Positives
- NA This filing reports an insider stock sale, which does not inherently present positive financial news for the company.
Negatives
- R. Anthony Benten, SVP, Treasurer & CAO, sold 1,990 shares of Class A Common Stock, which could be perceived as a slight negative signal by some investors, though the amount is relatively small in the context of the company's market capitalization.
Risks
- NA This Form 4 filing primarily reports an insider transaction and does not introduce new specific risks to the company's operations or financial health.
Future Outlook
NA This Form 4 filing does not provide forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
NA This Form 4 filing reports an individual insider transaction and does not provide information relevant to broader industry trends or competitive analysis within the media sector.
Comparison to Industry Standards
- NA This Form 4 filing reports an individual insider transaction and does not contain data points suitable for comparison to global benchmarks or specific comparable companies/projects.
Management Changes
| Role | Previous Person | New Person | Effective Date | Reason |
|---|---|---|---|---|
| NA | NA | NA | NA | NA |
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| NA | NA | NA | NA |
Legal Proceedings
- NA This Form 4 filing does not report any litigation or regulatory matters.
Related Party Transactions
- The filing details a direct sale of Class A Common Stock by R. Anthony Benten, an SVP, Treasurer & CAO of The New York Times Company, who is considered a related party due to his executive position.
Stakeholder Impact
- Minimal direct impact on shareholders, employees, customers, suppliers, or creditors from this individual insider stock sale, given its routine nature and relatively small volume.
Next Steps
- NA This Form 4 filing does not outline specific future actions, events, or milestones for The New York Times Company.
Key Dates
| Date | Description |
|---|---|
| 05/30/2025 | Date of transaction for the sale of Class A Common Stock. |
| 06/03/2025 | Date the Form 4 filing was signed and submitted. |
Keywords
SEC Form 4, Insider Transaction, Stock Sale, The New York Times Company, NYT, R. Anthony Benten, Class A Common Stock, Beneficial Ownership
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