New York Times SEC Filings

The New York Times Company adopted a new Executive Severance Plan and amended the CEO’s employment agreement to standardize and update severance protections. The plan covers Executive Committee members and Section 16 officers who sign restrictive covenant agreements and do not have individual severance contracts, providing cash severance based on base salary and service, pro-rated annual incentives, continued health coverage for the severance period, and outplacement services, with enhanced lump-sum severance and COBRA support if a qualifying termination occurs within 12 months after a change in control. The CEO, Meredith Kopit Levien, remains outside the plan but received an amended agreement that lengthens her post-employment non-solicitation covenant to 18 months, refines her non-compete, and grants enhanced change-in-control severance equal to two times base salary and two times target bonus, plus extended COBRA support, all subject to standard tax and release-of-claims provisions.

The New York Times Company reported an insider transaction by its President & CEO and Director, Meredith A. Kopit Levien. On 11/06/2025, she sold 16,972 shares of Class A Common Stock at a weighted average price of $59.683.

Following the sale, she beneficially owns 106,365 shares directly. The filing notes the sale occurred in multiple transactions, with prices ranging from $59.660 to $59.780, and offers to provide the detailed breakdown upon request.

NYT: A Rule 144 notice was filed to sell 16,972 Class A shares on the NYSE, with an aggregate market value of $1,012,943.68. The filing names Fidelity Brokerage Services LLC as broker and lists an approximate sale date of 11/06/2025.

The shares were acquired through restricted stock vesting from the issuer as compensation on 02/21/2025 (3,412), 02/22/2025 (5,180), and 02/26/2025 (8,380). Shares outstanding were 161,568,285 Class A shares at the time indicated in the form.

The New York Times Company reported stronger third-quarter results. Revenue rose to $700.8 million from $640.2 million, led by subscription revenue of $494.6 million and advertising of $132.3 million. Operating profit increased to $104.8 million from $76.7 million, and net income reached $81.6 million with diluted EPS of $0.50 versus $0.39 a year ago.

Digital momentum continued: digital-only subscription revenue was $367.4 million, digital advertising was $98.1 million, and the company ended the quarter with approximately 12.33 million total subscribers, including 11.76 million digital-only and 6.27 million bundle/multiproduct subscribers. Total digital-only ARPU increased 3.6% to $9.79. Year-to-date, operating cash flow was $420.3 million and capital spending was $27.5 million. The company repurchased 482,833 Class A shares in the quarter and 2.12 million year-to-date, and declared a quarterly dividend of $0.18 per share. Liquidity remained solid with $249.3 million in cash, $368.0 million in short-term and $479.4 million in long-term marketable securities, and an amended $400 million revolving credit facility with no borrowings outstanding.

The New York Times Company furnished an Item 2.02 Form 8‑K stating it issued a press release with financial results for the quarter ended September 30, 2025. The release is provided as Exhibit 99.1 and incorporated by reference. The company notes this information is furnished and shall not be deemed filed under the Exchange Act. An Inline XBRL cover page file is included as Exhibit 104.

The New York Times Company director Margot Golden Tishler reported acquiring 23 Class A common stock RSUs on 10/23/2025 at $0. These were dividend-equivalent RSUs granted under the company’s 2020 Incentive Compensation Plan in connection with cash dividends. Dividend-equivalent RSUs tied to vested RSUs are fully vested at grant; those tied to unvested RSUs vest on the date the underlying RSUs vest.

Following the transaction, beneficial ownership was reported as 7,727 shares direct. Indirect holdings by trust were reported as 16,820, 40,500, and 1,400,000 shares. The reporting person disclaims beneficial ownership of the indirect shares except to the extent of any pecuniary interest.

The New York Times Company (NYT) director reported an equity award tied to dividends. On 10/23/2025, the reporting person acquired 61 Class A shares at $0 via dividend equivalent RSUs under the company’s 2020 Incentive Compensation Plan. Dividend equivalent RSUs granted in respect of vested RSUs are fully vested at grant; those tied to unvested RSUs will vest on the date the underlying RSUs vest, which is the date of the company’s first annual meeting following the initial grant.

Following the transaction, beneficial ownership was listed as 20,459 shares direct. Indirect holdings were disclosed as 1,400,000 shares by trust, 69,518 shares by spouse as trustee, and 42,073 shares by trust.

The New York Times Company (NYT) director Amanpal S. Bhutani reported acquiring 89 shares of Class A Common Stock on 10/23/2025 at $0, recorded as dividend equivalent RSUs under the company’s 2020 Incentive Compensation Plan.

After this transaction, he beneficially owns 29,620 shares directly. Dividend equivalent RSUs tied to vested RSUs are fully vested at grant; those tied to unvested RSUs will vest on the date the related RSUs vest, the company’s first annual meeting following the initial grant.

The New York Times Company (NYT) reported an insider transaction on a Form 4. Director Manuel Bronstein recorded the acquisition of 54 shares of Class A Common Stock on 10/23/2025 at a price of $0, reflecting Dividend Equivalent RSUs tied to prior RSU awards under the 2020 Incentive Compensation Plan.

Following the transaction, Bronstein’s directly held balance is 17,973 shares. The filing notes that dividend-equivalent RSUs granted on already vested RSUs are fully vested at grant, while those tied to unvested RSUs will vest on the date the related RSUs vest, which is the date of the Company’s first annual meeting following the initial grant.