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New York Times EVP Sells $1 Million in Shares
Insider sale represents 41% decrease in executive's stake
Published on Mar. 6, 2026
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The New York Times Company (NYSE:NYT) Executive Vice President William Bardeen sold 13,000 shares of the company's stock on March 3rd, 2026 for a total value of $1,034,280. The sale represented a 41.03% decrease in Bardeen's ownership stake in the company, which now stands at 18,681 shares valued at $1,486,260.
Why it matters
Insider transactions, especially large sales by executives, can provide insight into a company's outlook and performance. The New York Times has seen its stock price rise significantly over the past year, and this sale by a top executive may signal that the company's leadership believes the stock is overvalued at current levels.
The details
Bardeen, who has been an EVP at The New York Times since 2018, sold the 13,000 shares at an average price of $79.56 per share. Following the sale, he now owns 18,681 shares in the company, worth approximately $1.5 million at the current stock price. The transaction was disclosed in a filing with the U.S. Securities and Exchange Commission.
- The shares were sold on Tuesday, March 3rd, 2026.
The players
William Bardeen
Executive Vice President of The New York Times Company.
The New York Times Company
A publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident (San Francisco Chronicle)
The takeaway
This insider sale by a top New York Times executive suggests the company's leadership may believe the stock is overvalued at current levels, even as the company has seen its share price rise significantly over the past year. Investors will be closely watching for any further insider transactions that could provide additional clues about the company's outlook.
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