Bardeen William 4

What Happened
William Bardeen, Chief Financial Officer of The New York Times Company (NYT), sold 4,121 shares in open-market transactions on May 12, 2026. The reported weighted average sale price was $77.85 per share, for proceeds of approximately $320,824. This was a sale (not a purchase), which is often a routine liquidity event rather than a direct signal about company prospects.

Key Details

• Transaction date: May 12, 2026 (reported on Form 4 filed May 14, 2026) — appears timely (filed two days after the transaction).
• Price: weighted average $77.85; trades occurred in multiple transactions at prices ranging $77.840 to $77.870 (per footnote).
• Shares sold: 4,121; total proceeds ≈ $320,824.
• Shares owned after transaction: not disclosed in the information provided in this summary (not reported here).
• Footnote: Reporting person can provide the exact number of shares sold at each price within the stated range upon request (weighted-average price disclosed).
• Transaction type/code: Open-market sale (Code S).

Context
Sales by executives can be for many reasons (portfolio diversification, tax planning, liquidity) and do not by themselves indicate management’s view of the company. There is no indication in this filing of option exercises, awards, gifts, or a 10b5‑1 trading plan.