Welch Jacqueline M 4

What Happened
Jacqueline M. Welch, Executive Vice President and Chief Human Resources Officer of The New York Times Company, received equity awards totaling 24,817 shares on February 26, 2026 (23,029 performance-based shares and 1,788 restricted stock units). To satisfy tax withholding obligations tied to those and prior awards, she delivered (disposed) 10,270 shares and 310 shares at $77.38 each, generating withholding values of $794,693 and $23,988 respectively (total $818,681). The awards themselves were granted at $0.00 exercise/price (stock grants/RSUs).

Key Details

• Transaction date: 2026-02-26. Award entries recorded at $0.00; withholding deliveries recorded at $77.38 per share.
• Shares received: 23,029 (performance-based award) + 1,788 (stock-settled RSUs) = 24,817 shares granted.
• Shares delivered for tax withholding: 10,270 + 310 = 10,580 shares; total withholding value reported $818,681.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1 — performance-based award covering 1/1/2023–12/31/2025; F2 & F4 — shares delivered to the company to satisfy tax withholding; F3 — RSUs vest in three equal annual installments beginning Feb 26, 2027.
• Filing timeliness: no late filing indication provided in the supplied data.

Context
These were not open-market sales but shares delivered back to the company to satisfy tax withholding obligations (a common, administrative step following awards/vests). The performance-based shares reflect achievement of pre-established goals over a multi-year performance period; the RSUs vest over future years, so much of the grant is subject to continued employment and future vesting. Such award grants and tax-withholding share deliveries are routine equity-compensation mechanics and do not necessarily indicate the insider’s buy/sell sentiment.