NYT (NYT) CEO logs major equity awards and tax-share deliveries
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
The New York Times Company president and CEO Meredith A. Kopit Levien reported multiple equity compensation transactions in Class A Common Stock on February 26, 2026. She received performance-based shares tied to goals measured from January 1, 2023 through December 31, 2025 under the 2020 Incentive Compensation Plan.
She also received grants of stock-settled restricted stock units that each represent a contingent right to one share of Class A Common Stock, vesting in scheduled installments beginning February 26, 2027 and on February 26, 2030, subject to continued employment. Separately, shares were delivered back to the company to cover tax withholding obligations related to these awards, rather than as open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
KOPIT LEVIEN MEREDITH A.
Role
PRESIDENT & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 177,140 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 90,431 | $77.38 | $7.00M |
| Grant/Award | Class A Common Stock | 16,501 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 82,505 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,047 | $77.38 | $313K |
Holdings After Transaction:
Class A Common Stock — 276,783 shares (Direct)
Footnotes (1)
- Represents shares acquired by the reporting person upon the achievement of specific goals under pre-established performance measures over a performance period from January 1, 2023, to December 31, 2025, pursuant to a performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan. Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to shares acquired pursuant to the performance-based equity award under The New York Times Company 2020 Incentive Compensation Plan. Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests in three equal annual installments beginning on February 26, 2027, assuming continued employment through the applicable vesting date. Consists of a grant of stock-settled restricted stock units under The New York Times Company 2020 Incentive Compensation Plan. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock and vests on February 26, 2030, assuming continued employment through the vesting date. Delivery of shares to The New York Times Company to satisfy tax withholding obligations related to the one-third vesting of stock-settled restricted stock units granted on February 26, 2025, under The New York Times Company 2020 Incentive Compensation Plan.
FAQ
What did NYT CEO Meredith Kopit Levien report in this Form 4?
She reported equity compensation activity, including performance-based shares and restricted stock unit grants, plus share deliveries to cover tax withholding. These transactions relate to The New York Times Company 2020 Incentive Compensation Plan, not open-market stock purchases or discretionary sales.
What restricted stock unit awards did the NYT CEO receive?
She received stock-settled restricted stock units where each unit equals one Class A share. One grant vests in three equal annual installments beginning February 26, 2027, and another vests on February 26, 2030, assuming continued employment through each vesting date.
What does the tax-withholding disposition code mean in the NYT Form 4?
The F-code transactions indicate shares delivered to the company to pay exercise price or tax liabilities. In this case, they cover withholding taxes on performance-based equity and restricted stock unit vesting under the 2020 Incentive Compensation Plan.
Does this NYT Form 4 change the CEO’s ownership structure?
It updates her direct holdings to reflect new performance-based and restricted stock unit awards, plus shares withheld for taxes. The transactions adjust the reported share count but are part of structured equity compensation, not a change in control or a new ownership arrangement.