KOPIT LEVIEN MEREDITH A. 4
4 · NEW YORK TIMES CO · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
New York Times (NYT) CEO Meredith Kopit Levien Receives Awards; Shares Withheld
What Happened
- Meredith A. Kopit Levien, President & CEO of The New York Times Company, was granted a total of 276,146 shares/RSUs on Feb 26, 2026 (three separate awards) and, at the same time, 94,478 shares were delivered back to the company to satisfy tax-withholding obligations. The withheld shares were reported as dispositions at $77.38 per share, totaling $7,310,708. The awards were reported at $0 cost (typical for compensation grants).
Key Details
- Transaction date: February 26, 2026
- Awards acquired (A): 177,140 shares; 16,501 RSUs; 82,505 RSUs — total 276,146 shares (acquired at $0)
- Shares delivered/withheld (F): 90,431 shares and 4,047 shares — total 94,478 shares disposed at $77.38 = $7,310,708
- Footnotes of note:
- F1: 177,140 shares from a performance-based award covering 1/1/2023–12/31/2025.
- F2/F5: The 90,431 and 4,047 share dispositions were share deliveries to NYT to satisfy tax withholding (not open-market sales).
- F3: 16,501 RSUs — stock-settled RSUs that vest in three equal annual installments starting Feb 26, 2027, subject to continued employment.
- F4: 82,505 RSUs — stock-settled RSUs that vest on Feb 26, 2030, subject to continued employment.
- Shares owned after transaction: not reported in the provided data.
- Filing timeliness: no late-filing flag provided in the supplied information.
Context
- These transactions are primarily compensation-related awards and related tax-withholding. The “dispositions” here reflect shares surrendered to the company to cover tax obligations (a common administrative step), not open-market sales indicating a liquidity-driven trade.
- The 177,140 award was performance-based (F1); the RSUs have future vesting dates (F3, F4), so much of this value is subject to continued employment and/or future performance conditions.
Insider Transaction Report
Form 4
KOPIT LEVIEN MEREDITH A.
DirectorPRESIDENT & CEO
Transactions
- Award
Class A Common Stock
[F1]2026-02-26+177,140→ 276,783 total - Tax Payment
Class A Common Stock
[F2]2026-02-26$77.38/sh−90,431$6,997,551→ 186,352 total - Award
Class A Common Stock
[F3]2026-02-26+16,501→ 202,853 total - Award
Class A Common Stock
[F4]2026-02-26+82,505→ 285,358 total - Tax Payment
Class A Common Stock
[F5]2026-02-26$77.38/sh−4,047$313,157→ 281,311 total
Footnotes (5)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
Signature
/s/ Michael A. Brown, Attorney-in-fact for Meredith A. Kopit Levien|2026-03-02